Broad-Based Black Economic Empowerment (BBBEE): Black Industrialists

According to the Department of Trade and Industry  "... the concept of black industrialists refers to black people directly involved in the origination, creation, significant ownership, management and operation of industrial enterprises that derive value from the manufacturing of goods and services at a large scale; acting to unlock the productive potential of our country's capital assets for massive employment locally. The following are important elements of being an "industrialist":

• Significant influence in an enterprise or industry;
• Control of an enterprise through shareholding;
• Board and executive management control; and
• Production of products (goods and/or services) with significant wide use.

Read more :  Black Industrialist Programme

                      Black Industrialist Scheme