Walter Hennig
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Walter Hennig
Olaf Walter HennigDAVID GLEASON," Wheeling and dealing in Guinea"
''Business Day'' (8 June 2012)
is a discreet South African businessman based in London. He is known for his involvement in the Black Economic Empowerment programme and his experience in the mining industry.http://economie.jeuneafrique.com/regions/afrique-subsaharienne/12014-linsondable-walter-hennig.html Hennig was born on 7 October 1972. After graduating from Stellenbosch University in 1993, he emigrated to Angola to pursue opportunities in the mining industry. He now has business interests in South Africa and the United Kingdom, according to Companies House, UK Companies House records of Yoshiko Enterprises Limited. He has expertise in emerging markets, namely Africa.,
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Black Economic Empowerment
Black Economic Empowerment (BEE) is a policy of the South African government which aims to facilitate broader participation in the economy by black people. A form of affirmative action, it is intended especially to redress the inequalities created by apartheid. The policy provides incentives – especially preferential treatment in government procurement processes – to businesses which contribute to black economic empowerment according to several measurable criteria, including through partial or majority black ownership, hiring black employees, and contracting with black-owned suppliers. The preferential procurement aspect of BEE has been viewed as paradigmatic of a sustainable procurement approach, whereby government procurement is used to advance social policy objectives. So-called "BEE deals" – transactions aiming to increase black ownership of large businesses – have been conducted on a large scale, with BEE transactions concluded between 1994 and 2005 valued at between ...
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