Blog | Gestalt Growth Strategies

July 23, 2020

Exempted Micro Enterprises do not have to sell out to move up the BBBEE ladder.

The Coronavirus pandemic has put insurmountable pressure on small businesses, and it is going to become even more difficult for Exempted Micro Enterprises (EMEs) that do not have Broad-Based Black Economic Empowerment (BBBEE) on their agendas. President Cyril Ramaphosa has intimated repeatedly over the past three months that BBBEE is here to stay and that

By : NationalPos
Commentary, Latest Blog, Thought Leadership
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May 29, 2020

Youth unemployment could be tackled by allowing EMEs to move up the B-BEE ranks

Alarming estimates suggest that between 1-million and 4-million formal and informal sector jobs are at risk as a result of South Africa’s nationwide lockdown,1 with the country’s unemployment rate forecasted to be 35.313 % in December 2020.2 For South Africa’s youth, the outlook is expected to be even more grim. In 2019, the estimated youth