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Author:
Bishop, Chris, author.
Title:
The BEE billionaires : redressing the imbalances of the past, or creating new ones? / Chris Bishop.
Publisher:
Penguin Booksan imprint of Penguin Random House,
Copyright Date:
2023
Description:
xv, 184 pages ; 24 cm
Subject:
Black Economic Empowerment (Program : South Africa)
Black Economic Empowerment (Program : South Africa)
Business enterprises, Black--South Africa.
Black people--South Africa--Economic conditions.
Economic development--South Africa.
Black people--Economic conditions.
Business enterprises, Black.
Economic development.
South Africa.
Contents:
It began on a forlorn island -- The mining magnate at the table -- Tough decisions over dinner in Davos -- Fizzy drinks and the sweet milk of change -- 'It was a bit like Valhalla' - you just had to be there -- The Great Gatsby of BEE -- Fees, fronting, diamonds and dogs -- How can you give a slice of your business to a stranger -- Investment to the people -- The night of the lost grenade -- The BEE sheriff on the trail of the bad guys -- From a fronting fiasco to a fortune -- Furniture and failure to freedom -- The rich white, poor black minefield -- Bringing a little Versailles to Africa -- Heartbreak of the iron lady -- The queen of green -- Do the youngsters really need it? -- Where now, Mr President?
Summary:
"In The BEE Billionaires, Chris Bishop gets up close and personal with some of the biggest names in BEE: Sandile Zungu, Gaby Magomola, Sipho Nkosi, Richard Maponya, the Kunene Brothers, Gibson 'Mr Gautrain' Thula, Fred Robertson, Ipeleng Mkhari, Tshepo Mahloele, Tim Tebeila, Linda Mabhena-Olagunju and even President Cyril Ramaphosa. These are the people who made it, who carry the flag for black empowerment. By examining their struggles and the impact of BEE on their successes, Bishop seeks to uncover the ways in which BEE as an upliftment scheme has both succeeded and failed. Because, while BEE has made billionaires of some, it has ruined others and remains one of the most controversial policies born in those first heady days of democracy. There is also a debate over how long the BEE codes should remain. By examining those individuals who have been either shunned or burnt by BEE, as well as various deal facilitators and other key insiders - including the president of South Africa - Bishop hopes to answer one very complex question: Has BEE achieved what it was set up to do, or, in the long term, will it prove more of a hindrance than a help?."--Publisher's description.
ISBN:
1776390385
9781776390380
OCLC:
(OCoLC)1372628285
Locations:
OVUX522 -- University of Iowa Libraries (Iowa City)

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