Ownership

The new B-BBEE Codes have introduced a level-drop penalty for failing to meet the Ownership sub-minimum of 10% Black shareholding. For many businesses without ownership the best they can hope to achieve is a level 7 or 8.
Allow Oko Vusa to walk you through the options to develop an ownership model that suits your needs now and into the future.
We have helped businesses of all sizes, from construction, IT, and advertising industries create and implement ownership solutions that are compliant, furthers meaningful transformation as intended by the B-BBEE Act and the Codes, and have a sound basis in good business practice.

A typical Oko Vusa B-BBEE Ownership Structure:
  • Provides the 10% sub-minimum
  • Avoids the level-drop penalty
  • Fully compliant
  • Contributes approximately 14 points to he B-BBEE scorecard
  • Provides benefit back to the business through talent development
  • Positively influences other elements of the B-BBEE scorecard, particularly
  • Socio-Economic Development
  • Benefits the most needy of Black South Africans through opportunities in education