Answer to Question #220248 in Management for Khwisti

Question

Indicate the model, with regards to a Value Chain Thinking and Value Chain Analysis, that could be used for other mining start-up projects and how it could foster true black empowerment rather than a system of buying stakes in existing companies.

Answer 1

The Black Economic Empowerment policy (BEE) comes into view as a potential

mechanism for dealing jointly with structural issues affecting economic growth

and racial access. The policy now requires firms to change capital and control structures,

management structures, procurement relationships, activities involving enterprise

development, and the way they engage with society more broadly. These

requirements are reflected in Codes of Good Conduct and a scorecard for

assessing status. BEE focuses directly on big and medium sized business at the top of economy,

with the generic scorecard applying officially to larger enterprises only.