Local Empowerment Laws
B-BBEE in South Africa
The Broad-based Black Economic Empowerment Program (short: BEE or B-BBEE) is a legal framework implemented by the South African government to address the inequalities of Apartheid by giving previously disadvantaged groups (black South Africans, Coloureds, Indians and partly Chinese) economic opportunities previously not available to them. This policy is a pragmatic growth strategy that aims to unlock the country’s full macro- and socio-economic potential by rewarding and preferring comapnies, which apply large scale measures to address this former inequality.
Indigenisation Law in Zimbabwe
p.The South African Black Empowerment Legislation found its highly controversial counter-part in the Indigenisation Law of Zimbabwe. It’s radical amendments and application have let to the majority of foreign and white businesses having left the country or closed down in the recent past and larger companies, like banks and insurances, had been expropriated by the State. With the end of the Mugabe era and the birth of the Second Republic in Zimbabwe, the Indigenisation Act and its rules and regulations have been abolished with the only exception in case of diamond and gold mines.
CEE in Zambia
While South African Empowerment under BEE and the Zimbabwean Indigenisation are based on race, the Zambian CEE is based on age and gender to empower the youth and the female citizens. It is legally formulated in the Citizens Economic Empowerment Act of Zambia.
Further information can be found in the "INTO SA Information Library eLAW