September 2006 Archives

BEE a way forward for the small business

Marie Glennie describes the BEE market as series of cycles of transformation.

The first cycle being the "quick fix" where companies randomly sought black partners to gain contracts. Newly formed BEE groups entered the market and pursued almost every opportunity available. In a similar vain, white businesses had one goal - find a black partner to fund the deal or secure the contract.

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