- published: 09 Oct 2015
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Black Economic Empowerment (BEE) is a racially selective programme, seen as racist by certain citizens, launched by the South African government to redress the inequalities of Apartheid by giving certain previously disadvantaged groups (Blacks, Coloureds, Indians, and Chinese who arrived before 1994) of South African citizens economic privileges previously not available to them. Although race is the overriding factor, it includes measures such as Employment Preference, skills development, ownership, management, socioeconomic development, and preferential procurement.
After the transition from Apartheid in 1994, it was decided by the government of the African National Congress that direct intervention in the redistribution of assets and opportunities was needed to resolve the economic disparities created by Apartheid policies which had favoured white business owners. BEE intended to transform the economy to be representative of the demographics, specifically race demographics of the country. BEE was defined in the 2001 Commission Report as follows,
Empowerment refers to measures designed to increase the degree of autonomy and self-determination in people and in communities in order to enable them to represent their interests in a responsible and self-determined way, acting on their own authority. Empowerment refers both to the process of self-empowerment and to professional support of people, which enables them to overcome their sense of powerlessness and lack of influence, and to recognise and eventually to use their resources and chances.
The term empowerment is also used for an accomplished state of self-responsibility and self-determination.
The term empowerment originates from American community psychology and is associated with the social scientist Julian Rappaport (1981).
In social work, empowerment forms a practical approach of resource-oriented intervention. In the field of citizenship education and democratic education, empowerment is seen as a tool to increase the responsibility of the citizen. Empowerment is a key concept in the discourse on promoting civic engagement. Empowerment as a concept, which is characterized by a move away from a deficit-oriented towards a more strength-oriented perception, can increasingly be found in management concepts, as well as in the areas of continuing education and self-help.
Martin Luther (/ˈluːθər/;German: [ˈmaɐ̯tiːn ˈlʊtɐ]; 10 November 1483 – 18 February 1546) was a German professor of theology, composer, priest, former monk and a seminal figure in the Protestant Reformation. Luther came to reject several teachings and practices of the Late Medieval Catholic Church. He strongly disputed the claim that freedom from God's punishment for sin could be purchased with money. He proposed an academic discussion of the power and usefulness of indulgences in his Ninety-Five Theses of 1517. His refusal to retract all of his writings at the demand of Pope Leo X in 1520 and the Holy Roman Emperor Charles V at the Diet of Worms in 1521 resulted in his excommunication by the Pope and condemnation as an outlaw by the Emperor.
Luther taught that salvation and subsequently eternal life is not earned by good deeds but is received only as a free gift of God's grace through faith in Jesus Christ as redeemer from sin. His theology challenged the authority and office of the Pope by teaching that the Bible is the only source of divinely revealed knowledge from God and opposed sacerdotalism by considering all baptized Christians to be a holy priesthood. Those who identify with these, and all of Luther's wider teachings, are called Lutherans even though Luther insisted on Christian or Evangelical as the only acceptable names for individuals who professed Christ.
In this video, Dr Boyce Watkins describes how to develop your own financial juneteenth. African Americans have long been left behind economically and Dr. Watkins offers solutions to the problems of black unemployment, debt levels, incomes inequality and wealth disparities in America.
00:00:00 = The importance of entrepreneurship 00:11:40 = Black entrepreunarial initiative in history 00:18:05 = Black entrepreneur models 00:32:12 = The importance of being a producer and not only a consumer DR CLAUD ANDERSON - How Black People In USA Can Become RICH & POWERFUL NOW (October 21st 2014) Black people must become business owners and investors to have economic power Black people have to think like producers_ not consumers! T.D. Jakes Tells Blacks About Group Economics & To Stop Hating Successful Blacks! @Bishopjakes Our 1.1 trillion dollar black economy African American Owned Businesses ( 20 juin 2013 ) Industrious entrepreneurs of the African American community comprise 2.1 million businesses today. Black-owned businesses account for over $138 billion in US revenue. R...
This video is about ALC '15 Session on Black Economic Empowerment September 17, 2015
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Is there something flawed with the way black economic empowerment deals are structured and who really benefits? On this episode of the MoneyMakers, Bruce Whitfield discusses South Africa's approach to sustainable broad-based black economic empowerment with Morgan Jones, Corporate Finance Principal and BEE expert at Bravura and Andile Tlhoaele, Principal and Senior Consultant at Inforcomm.
The Trade and Industry Department is set to put a stop to unlawful practices of the Broad-Based Black Economic Empowerment. The department has heard of companies who add their black employees as shareholders without their knowledge in order to comply with the law. They are hosting a conference in Midrand Tuesday to discuss acts such as these and to create awareness. Zodwa Ntuli joins us in studio. For more News visit: http://www.sabc.co.za/news
Black Economic Empowerment, needs to do just that: it must economically empower black people. ALL black people. Not a small, well-connected elite. To read more, click here: http://bit.ly/20x228Z
A little known fact is that MLK advocated economic empowerment of the black community by promoting boycotts against racist companies like Coca Cola and promoting invesment in black owned businesses. Some say it was his move from politics to economics that provoked his assassination apart from his condemnation of the Vietnam war and its profit-making www.blackhistorywalks.co.uk
Black Economics: Discussion of Black economics as a tool for self-empowerment and weapon against assaults on the Black community. Part 1. Rev Dillon discusses the state of the Black economy and the success of the Brooklyn Christian Center’s Boycott and economic sanctions initiative. Part 2. Nataki Kambon, speaks on the national Black economic empowerment movement to empower Black people and Black businesses called LetsBuyBlack365.