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Private banks net black high fliers

The allure of the new black elite and upper black middle class has not gone unnoticed by the private banks and wealth managers.

City Press
Unions up in arms over radical plan to boost employment in SA
10/05/2008 18:07
The country’s labour unions have vowed to fight off a radical proposal that could drastically strip young workers of their rights and strengthen the might of capitalists.

TAKING STOCK. . . Many black private bank clients, who have seen their wealth skyrocket over the past decade on the back of state-sponsored policies such as black economic empowerment, are investing in the equities market to expand their newfound wealth. Read the article. Picture: Siddique Davids



Black farmers set sights on biofuel

Emerging black farmers would not benefit vastly from the production of biofuels in South Africa because they lack resources, skills, infrastructure and technology which are needed in the high-cost biofuels sector.
 

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