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3rd Wave BEE

Regulators are attempting to restrict participation in the economy on the basis of race.

What is 3rd Wave BEE?

The State forcing businesses to restructure or face exclusion from the economy.

This includes the withholding operating licenses, subject to compliance with race-based policies.

This trend has emerged across multiple industries, including real estate, pharmaceuticals, aviation, telecommunications, financial services and others.

What are Sakeliga doing?

Responsible business people cannot allow BEE to become a requirement for participating in the economy.

First, we advise businesses to treat BEE requirements as unethical political directives.

This guides an approach of 'maximum appropriate non-compliance' based on sound legal advice, while doing value-adding business regardless of race.

Second, Sakeliga will litigate comprehensively against BEE.

Our track-record of pushing back BEE shows that this option should be seized to the fullest extent.

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