Tag ArchivesBBBEE and Trusts
BBBEE

What are phantom shares? How can it be applied to enhance BBBEE scores?

One often hears talk about companies issuing so called “phantom shares” or sometimes even simply called a different class such as Class A, B or C Shares.  Phantom shares are the mechanisms that companies use to incentivise their participants in order to align the participant’s objectives with that of a shareholder.   A phantom share gives […]

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Employee share schemes and compliance with BBBEE ownership

BBBEE (or Broad Based Black Economic Empowerment) is very topical, especially now with the upcoming compliance deadline in April 2015. BBBEE is a programme launched by Government to redress the inequalities of Apartheid, by giving certain previously disadvantaged groups (“black people” ie Black, Coloured, Indian, and Chinese people who arrived before 1994) access to economic […]

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