They’re designed to target corners of our society that are hard to get to.— Stuart Theobald, Intellidex
What is the “Empowerment Endowment”?
What is Black Economic Empowerment really doing for the poorest of the poor?
The Money Show’s Bruce Whitfield interviewed Intellidex Financial Analyst Stuart Theobald.
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
A lot of deals are maturing at the moment.— Stuart Theobald, Intellidex
These endowments will exist for much longer than you and I.— Stuart Theobald, Intellidex
87 of the largest 100 JSE companies concluded BEE deals.— Stuart Theobald, Intellidex
Once the deals mature; trusts end up with shares that form an endowment.— Stuart Theobald, Intellidex
More than R32 billion are sitting in trusts to support foundations that will exist in perpetuity.— Stuart Theobald, Intellidex
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