Can a foreigner qualify as BEE shareholding in your business?
13 April 2022
Your company is looking at to increase its BEE shareholding and you have identified a potential BEE partner. Despite being... very optimistic about the partner, you have in your due diligence discovered that your potential partner - although a black person - was not born in South Africa. This raises the question of whether this partner would qualify as a BEE partner should you continue with the BEE deal?