Broad Based Black Economic Empowerment (B-BBEE) is measured across several aspects, including equity ownership, management participation, employment equity, skills development, procurement, enterprise development and social development.
OAK Law has positioned itself as a knowledgeable partner to its clients, assisting them in negotiating, structuring and documenting various arrangements aimed at procuring and maintaining sustainable and mutually beneficial empowerment relationships (B-BBEE relationships).
OAK Law’s expertise includes negotiating, structuring and documenting:
- empowerment trusts (including employee trusts and charitable trusts)
- procurement agreements
- employment agreements
- enterprise development agreements
- empowerment equity transactions (including sale of shares, sale of member’s interest, sale of business and sale of assets transactions)
- skills and social development agreements/arrangements