Features

Constructive confrontation

Black empowerment is in vogue and, whether for reasons of political correctness or from a business standpoint, it seems everyone wants to have BEE credentials.

05 March 2003

Businesses are finding it harder to procure IT contracts with large companies if they are without black economic empowerment [BEE] ownership or shareholding. Consequently, many companies wanting lucrative deals with large South African enterprises are engaged in BEE initiatives – some as cosmetic makeovers, others as real empowerment projects designed to improve the companies` scope and potential in Africa.

One company that has two such initiatives is Intel. With revenues of $26.5 billion in 2001, Intel is one of the long-time leaders of the IT market. It is proving to be a South African leader in practical education, doing more to close the digital divide than one would expect from a 12-person company.

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