The_impacts_and_outcomes_of_BBBEE_a_preliminary_investigation_January_

In terms of the implementation process, the analysis underscored the extraordinary complexity of the scorecard. [...] The following table indicates the main impacts and their weighting, the core outcomes to achieve those aims, and the most important preconditions for success that fall outside the scope of the Codes. [...] • In the section on management and control, the scorecard provides points for black membership in executive positions in the board of directors. [...] The remainder of this working paper provides a preliminary evaluation of the success of BBBEE in terms of the impacts and outcomes listed in Table 1. [...] The value of BEE deals in mining declined from 2010, largely reflecting the end of the global commodity boom in 2011 as well as the success of many companies in achieving their targets.