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Nomathole Nhlapo

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Nomathole Nhlapo is an associate in Baker McKenzie's Corporate M&A Practice Group in Johannesburg.
Nomathole routinely assists clients in matters involving private mergers and acquisitions, the incorporation of companies, the restructuring of multiple companies, broad-based black economic empowerment (B-BBEE) transactions and commercial due diligence investigations.
Nomathole also has experience in corporate investigation matters related to anti-bribery, corruption and B-BBEE fronting.

The Broad-Based Black Economic Empowerment Act and its regulations govern the effective participation of black people in the South African economy. They aim to redress the historic economic inequalities as a result of apartheid, which excluded a large portion of the South African population, being black people, from the primary economy. The impact of apartheid was particularly damaging to the ability of black women to meaningfully participate in the economy.

Our newly updated broad-based black economic empowerment (B-BBEE) guide provides a detailed overview of the regulation of B-BBEE in South Africa. The principal objectives of B-BBEE are to promote economic transformation and enable meaningful participation of black people in the South African economy through increased participation in ownership and management structures, increasing the involvement of communities and employees in economic activities and skills training.