Who Owns Whom

While the subject of black ownership of the JSE has been addressed in research conducted by the JSE, NEF, National Treasury and the Financial Sector Charter Council, no research, to our knowledge, has been undertaken on black ownership of private companies. In an effort to address this issue, WOW economist, Jeremy Dobbin, mined the 8,800+ BEE certificates on private companies gathered by WOW researchers for the WOWEB platform over the last five years.

The study focused on a representative sample of private companies in the Financial Services and the Manufacturing sectors. The results show that between 2012 and 2017 black ownership grew from 28.71% to 31.78% in the Financial Services Sector and from 25.04% to 28.16% in the Manufacturing Sector. This indicates that while the letter of the BEE Act and its implementation certainly require the attention of the BEE Commission, this legislation appears to be achieving its intentions.

Contact us to access WOW's quality research on African industries and business

Contact Us

Most Popular Articles

Administrative and support activitiesSouth Africa

Causes of Unemployment: Labour and recruitment in South Africa

Read more

South AfricaTransportation and storage

The Status of Road Infrastructure in South Africa

Read more

ManufacturingSouth Africa

The future of oil and gas in South Africa

Read more

Related Articles

BlogCountries Other service activitiesSouth Africa

Funerals: Tradition and Emotions versus the environment

Contents [hide] Burials of lost loved ones always have, and continue to have, deep traditional and emotive values reinforced by perceptions of dignity and respect. With South Africa’s diverse communities...

BlogCountries Other service activitiesSouth Africa

The Transformative role of research companies in South Africa

Contents [hide] The impact of research on innovation, productivity, and societal progress has been profound – from groundbreaking inventions shaping the 21st century to the challenges faced by professional research...

BlogCountries Other service activitiesSouth Africa

How South African women are breaking the glass ceiling in business

Key Points On the sport scene History of women in business Status of South African women in business Importance of appointing women in leadership positions Women in private sector leadership...