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Issue Date: June 2004

Towards transformation

June 2004

Wide-awake companies are not waiting for industry empowerment charters. They are taking a proactive approach to Black Economic Empowerment (BEE) as the process is already seen by growth-minded companies as a source of competitive advantage, says research power house, EmpowerLogic. So far, only three industries have 'active' BEE charters in place - the oil, mining and financial services sectors. In a bold move this month, the media, marketing and communications sector has commissioned research to inform a BEE Charter for the industry, as well as a report to parliament - the first industry to do so. BEE is a reality, and the key words here are not just buying-in skills, or forming alliances with BEE companies, but growing talent from within your company and empowering your own staff.
Louise Marsland, Editor

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