Black Economic Empowerment
South African law
Also known as: BEE
Learn about this topic in these articles:
career of Motsepe
- In Patrice Tlhopane Motsepe
…to benefit from the country’s Black Economic Empowerment (BEE) laws, which required companies to have a minimum 26 percent black ownership before a mining license would be granted. In 1994 Motsepe founded a mine services company, Future Mining, and applied all of his life experience—knowledge of the mining trade and…
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De Beers S.A.
- In De Beers S.A.
…in compliance with South Africa’s Black Economic Empowerment (BEE) mining charter. In 2007 De Beers began operations in Canada at Snap Lake Mine in the Northwest Territories—the company’s first mine outside Africa. The company opened the Victor Mine in Ontario, Can., in 2008.
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