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Twenty years after the introduction of BEE, Phinda Madi believes it's time to reflect on its success. Clear trends can now be discerned and there are numerous lessons to be learned. He contends there is an unfortunate narrative that is gaining traction in South Africa generally and in the corporate world in particular, that BEE has been nothing but a "e;smoke-and-mirrors"e; initiative towards oligarchy, hence the chosen title: BEE 20 years later - The Baby and The Bathwater. As the title suggests, there is a tendency to want to 'throw the baby out with the bathwater'. His book argues that we need to make a clear distinction between the bouncing baby and the (at times) dirty bathwater. This book puts forward a very frank, clinical and balanced argument on how this distinction needs to be made, as well as why and how we should ensure the baby both survives and thrives going forward, whilst getting rid of the ugly side of BEE (the dirty bathwater). But more importantly, he examines how to restore the credibility of this process, so it truly and genuinely moves away from just being seen as the enrichment of the few and lives up to its true promise: The economic empowerment of the many. This is the book that will ignite the change in BEE in South Africa!
From high profile figures such as Cyril Ramaphosa, Albie Sachs and Wendy Luhabe to analysts such as Wendy Lucas Bull, Vuyo Jack and Itumeleng Mahabane; to practitioners such as Lot Ndlovu, Eric Mafuna, Nolitha Fakude, this book brings together leading South African analysts and practitioners in the most comprehensive analysis of Black Economic Empowerment (BEE) to date. The volume situates Black Economic Empowerment within the larger trajectory of black business imperatives for empowerment; and provides policy recommendations for legislative and regulatory clarity.
This groundbreaking book is a frank and critical observation of a hugely politically sensitive topic. Jenny Cargill, drawing on her experience of BEE over its 15-year history, presents an uncompromising and essential review of the policy, its results and the lessons that can be learnt. By drawing on case studies, Cargill challenges common perceptions of BEE and provides disquieting new evidence of policy doing the opposite of what it was designed to achieve. Trick or Treat is the first book to provide such a comprehensive, yet accessible, analysis of BEE ownership.
Jawanza Kunjufu examines how to keep black businesses and the more than $450 billion generated by them in the black community.
Offers an insight into the circumstances under which the policies were developed, implemented and reviewed, as well as a study of the outcomes. This book addresses questions such as: How could an organisation with no previous experience of governing accomplish a peaceful transition to democracy? How did they do it and where are they going?
In Collective Courage, Jessica Gordon Nembhard chronicles African American cooperative business ownership and its place in the movements for Black civil rights and economic equality. Not since W. E. B. Du Bois’s 1907 Economic Co-operation Among Negro Americans has there been a full-length, nationwide study of African American cooperatives. Collective Courage extends that story into the twenty-first century. Many of the players are well known in the history of the African American experience: Du Bois, A. Philip Randolph and the Ladies' Auxiliary to the Brotherhood of Sleeping Car Porters, Nannie Helen Burroughs, Fannie Lou Hamer, Ella Jo Baker, George Schuyler and the Young Negroes’ Co-operative League, the Nation of Islam, and the Black Panther Party. Adding the cooperative movement to Black history results in a retelling of the African American experience, with an increased understanding of African American collective economic agency and grassroots economic organizing. To tell the story, Gordon Nembhard uses a variety of newspapers, period magazines, and journals; co-ops’ articles of incorporation, minutes from annual meetings, newsletters, budgets, and income statements; and scholarly books, memoirs, and biographies. These sources reveal the achievements and challenges of Black co-ops, collective economic action, and social entrepreneurship. Gordon Nembhard finds that African Americans, as well as other people of color and low-income people, have benefitted greatly from cooperative ownership and democratic economic participation throughout the nation’s history.
During and after the recent Los Angeles riots, many were asking where the effective leaders of urban black Americans were. Here Jennings (political science, U. of Massachusetts) traces the history of black political activists since the late 1960s, and weighs opinions that blacks are becoming disenchanted with or absorbed into white electoral politics. Annotation copyrighted by Book News, Inc., Portland, OR
Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries.
Maggie and John Anderson were successful African American professionals raising two daughters in a tony suburb of Chicago. But they felt uneasy over their good fortune. Most African Americans live in economically starved neighborhoods. Black wealth is about one tenth of white wealth, and black businesses lag behind businesses of all other racial groups in every measure of success. One problem is that black consumers -- unlike consumers of other ethnicities -- choose not to support black-owned businesses. At the same time, most of the businesses in their communities are owned by outsiders. On January 1, 2009 the Andersons embarked on a year-long public pledge to "buy black." They thought that by taking a stand, the black community would be mobilized to exert its economic might. They thought that by exposing the issues, Americans of all races would see that economically empowering black neighborhoods benefits society as a whole. Instead, blacks refused to support their own, and others condemned their experiment. Drawing on economic research and social history as well as her personal story, Maggie Anderson shows why the black economy continues to suffer and issues a call to action to all of us to do our part to reverse this trend.