BEE, noun

Initial letters of black economic empowerment. Also attributive.
2004 R. Rumney in Mail & Guardian 12 Nov. 23At R6,8-billion, First-Rand’s empowerment deal is one of the biggest to date... It includes none of the usual names that lead to charges of black economic empowerment (BEE) being “enrichment of the few”.
2005 W. Hlongwa & S. Msomi in City Press 13 Nov. 4Mkhwanazi, a popular figure in Durban’s emerging BEE class, did not mince his words when talking about why there was a need to raise funds for Zuma’s defence.
2017 businesslive.co.za (DSAE Corpus)The charter has proposed a 30% BEE ownership in all mines and has recommended a 50% black representation at board and executive management of mines.
Initial letters of black economic empowerment. Also attributive.
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