News24

BEE stats 'a complete shocker'

2010-08-02 07:23

Dear Editor,

Ninety-one percent of SA CEOs are white - heading of an article that not only left me perplexed but made me wonder in despair, this is the unfortunate state our beloved 16 year old democracy has presented itself to us.

Here’s a brief summary of some of the findings:

Of 269 CEO positions, blacks occupy 9% (Africans 4%; Coloureds 3%; Indians 2%) and whites 91%.

Females accounted for 3% and males 97% of 219 CFO positions. Blacks occupy 8% (Africans 2%; Coloureds 1%; Indians 5%) and whites 92%.

If these statistics don’t hit a nerve, then I don’t know. Look, let me admit my sheer ignorance towards this particular subject. Its existence of course not being foreign to me – having known this was the case; it is the severity I’ve been oblivious to.

Can this be solely attributed to blatant racism on the part of our white counterparts or is there possibly a greater and deeper reason for it, perhaps no follow through/continuation from those that are eligible?

I believe/know there’s a large group of black intelligent candidates who not only have the leadership qualities we are often crucified in lacking and as such this long awaited upsurge in black executives might remain what it is currently – a sad far reality.

What then should be done in order to ensure that we transform these shocking statistics into a positive leap for the black nation that we are?

Hoo-Kaai's Dad

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Comments
  • Exoteric - 2010-08-02 07:30

    Its very simple, most companies choose the qualified candidate first, would you put a window dressing candidate who is not the right person just because of of BEE, risking your entire companies success or failure, lets see the current BEE failures, ESKOM, TRANSNET, SAA these are but a few of the high profile failures, now you decide, which would you choose?

  • Sprockett - 2010-08-02 07:31

    Easy answer, black people should start their own businesses. They have much greater access to finance. Why do we want to replace existing CEO's instead of making more?

  • Johan1 - 2010-08-02 07:32

    Buy shares in the company(ies) you are so morally outraged about and go to their AGMs and let your voice be heard there, where it matters, not here. You need only one share to be able to go. That sounds like a bit of a dodgy survey for me - there can't only be 269 CEO positions in SA...

  • sakkie - 2010-08-02 07:33

    Because of competency, but that is just too much for you to comprehend.

  • NinjaDevil - 2010-08-02 07:35

    most of those CEO's and CFO's are actually there cause they took the initiative to open their own companies and make them successfull. if the other races were that leadership potential why not open their own enterprise and prove themselves. they would prefer to have it given to themselves. Bee is a excuse to help the handfull of blacks and just prove apartheid still exists.

  • Ben Opperman - 2010-08-02 07:37

    Wel now, sixteen years is adequate to prove one self. Obviously prospective black managers have been weighed and found wanting by industry. I can only think of one reason and that is the example the black ANC government is setting for all the world to see. Corruption, crime, nepotism and all other activities not associated with good transparent governance are rampant and therefore cast a dark cloud on black managers' ability to properly manage their responsibilities. Maybe they are not meant to manage and rule.

  • Johan - 2010-08-02 07:37

    Get off your brain that you are sitting on and start your own business - Don't wait for a hand-out like your "black nation".

  • Taki - 2010-08-02 07:38

    Here's a thought. most of SA's local government councils are fully BEE and black. Are there any that are really functioning? The parastatals are in the main BEE and have EE CEOs. Are any of these relly functioning? The government is fully BEE and EE with it's DGs and Ministers as CEOs. And look what's happened to the country. So we have local government, the parastatals and government all broken. Now it seems it's the turn of the private sector - That too must be broken? Hoo-Kaai i say. Let's leave something functioning properly in SA.

  • AJ - 2010-08-02 07:40

    When substance takes precedence over window-dressing, then SA can look forward.

  • mike webber - 2010-08-02 07:40

    Well, to be elligible to run as a CEO of a company, there are 2 VERY IMPORTANT aspects and both have to be of sufficient strength.

    1 - Intellectual ability (Knowledge and experience appropriate for the position)

    2 - Leadership (the core ingredient in being able to lead people and an organisation in the appropriate strategic direction)

    If the black candidates do not qualify in these areas to the appropriate standard, then they simply cannot be CEO.

    simple ...

  • Tshif - 2010-08-02 07:40

    Dude, you are living behind the curtain, open your eyes and come to the reality. Democracy doesn't exist! its just the face of corruption, corruption is the foundation of everything that you think is wrong in this world. You my friend, are not free, you are a slave, you work for some company who is controlled by some cfo/ceo who in turn is controlled by the "market" which is controlled by the world bank....who controls everything!!!! this BEE crap is just to blind you further....you'll spend your life complaining about everything because you are a modern slave...if money was not there, you wouldn't be complaining. Ask yourself who brought money into people's lives? hat's who you need to murder to stop complaining about bullshit statistics.....

  • Big T - 2010-08-02 07:41

    i think for transformation to work companies need to have a vested interest. why should they at the moment? if the power lies within our white counterparts, why would they willingly give it away? i've worked in a few organisations and never in one instance had anyone cared about my development. on the other hand, i've seen my white colleagues being taken under the leaders' wings and being fast-tracked for success. it's not as if there weren't any black leaders in these organisations, there were. it's just that i think they are too cought up with their own "development" they can't look at the big picture. i really feel that bee, aa, whatever, has failed in many instances and will continue to fail as long as the white top brass does not care or are willing to play ball. we can have all the policies in the world, but when it comes to their actual practice, we're as backward as the rest of the world when it comes to caring about the development of those history victimised. i can just see the comments from the white citizens, and that will give you an idea of what we're dealing with...

  • CGB - 2010-08-02 07:41

    The easiest way would be to start your own business and appoint the black intelligent candidates in the top positions from the outset thus creating healthy competition to the economy and facilitating the required transformation. i.e. Dont rely on existing functioning organisations, start your own.

  • RifRaf - 2010-08-02 07:43

    Firstly, we are not a "black-nation". We are multi-cultural. But I agree, we need greater representation.

  • Bella - 2010-08-02 07:48

    Author- Yes, we all need to work to ensure that ALL South Africans, who meet the required criteria, have an equal opportunity to succeed in their chosen field. I emphasise the word "ALL" because this is not a "black nation" as you state, this is a rainbow nation. We should be thinking of each other as South Africans, whether we are black, white, indian or green with yellow spots should be totally irrelevant!

  • Willem - 2010-08-02 07:49

    You will never fix the problem with legislation as our government and some people wants to believe. As it is our economy is shrinking and in general Black people see CEO jobs as opportunities to become very rich. Before the attitude of blacks do not change the economy will keep on shrinking. They have the money let them start big businesses and carry the responsibility to manage their own money into big businesses. I just can't see giving away money to someone who has no track record will work. Why should whites give them hard earned cash for nothing?

  • Michael - 2010-08-02 07:49

    When you think about how many jobs there are, even if you give ALL those jobs to blacks, the majority of the population will still be poverty-ridden, and unemployed. You need to make more jobs, instead of trying to give all the existing ones to blacks. Shows the stupidity of the african mind.

  • Mr Souw - 2010-08-02 07:53

    The only reason government created BEE was so that incompetent idiots (which equates to the majority of all BEE companies) can get a huge salary to live the life they never had. They know they can't go through the normal procedure of getting a job, so they lean to the government to force the company to hire them, and not in a junior position, but a senior position!! I really hope that BEE would go away, maybe if these people actually gave attention in school and tried their buts of like the rest of the people who actually worked for their job, they would get a job!

  • Mastadon - 2010-08-02 07:53

    Why do you have a problem with that? if there were any who have leadership abilities like you claim, why aren't they there? I mean the era when white people had the advantage is over isn't it? Its "your" country isnt it? So what are you really complaining about? That despite you and your goverments efforts to put us down or to make life difficult for us we still prevail? that even after 16 years of "democracy" whites still live better than most other races in South Africa. (And we work for it by the way. We don't sit and cry racism, apartheid, segregation blah blah blah) That you are actually bigger racists then we ever could hope to be? Face it, you are just bitter.....

  • Susan - 2010-08-02 07:54

    Its very simple actually and its that companies hire the most qualified people for the job and that happens to be whites in most cases. Its nothing to do with racism but who is qualified for the job.

  • Carey - 2010-08-02 07:54

    What is the average age of a successful CEO? (Not someone who got rich quickly by bribing people in government for contracts). My guess would be at least 45-50 years. That means 20-30 years experience in business. Black people have only had the opportunity to start working towards this in the last 16 years. I say give it a few years, and these figures will automatically start changing. Even in the lower level in my industry (IT) I have noticed a marked increase in competent black candidates in the past 5 years, to the point where we are now almost at he required ratios in our company without having to make any AA-pointments. All our black employees were appointed on merit. This will in time happen at CEO level too, it just takes a bit longer since more experience is required.

  • Mark - 2010-08-02 07:55

    Typical media! Choose only the companies you want to for the survey and report the one sided results. Let’s get the real stats like `100% of all BEE owned companies fail`. This is typical black mentality. Let’s take what we can without working for it and then when it fails blame the white man.

  • Lisaman - 2010-08-02 07:57

    If you did your homework then you would also know that a large number of BEE companies have already fallen off the stock exchange due to incompetance. Did you not watch last night the mining company of Zuma and Mandela. Don't blame the whites please!! Ask yourself why Those BEE companies are no longer in the market!!http://letterdash.com/Lisaman/keep-flying-our-flag-and-shout-for-education

  • hardtail@author - 2010-08-02 07:57

    Easy, instead of "Can this be solely attributed to blatant racism on the part of our white counterparts " as you africans love to always be whinging on about, how about building your own business - all the cash you could want is there, from all your black brothers, all the tenders are there ready for you and your black brothers to take, so why whinge?
    Why blame the white's again? hmmm? seems to me that you are whining, because you and yours are not getting the "free" handout, the money, the status, the positions, that you want, for free....because to get those positions the way the white's have to would mean you actually have to "work", to "earn" them, to "contribute"...but no, sadly there will always be people around, who insist to be given these things, and you are one of them...

  • TT - 2010-08-02 07:58

    It's inteersting that the Government, almost soley black run for 16yrs has Eskom broke, SAA broke, PetroSA broke and the list goes on, all run by so called "BBE Qualified Candidates"...so you see the problem is, this furthering of the ANC "Comrades" is what is doing the damage to the Majority of the educated well heeled black people who for sure could occupy top positions and be successful...so until the "Comrades" change their "I am owed", I will take and damned to you all attitude, nothing will change, but that won't happen. Last thing we need is more cronies running big business and those that have been successful have done so riding on the back of Government contracts..and we won't mention those, the handful that left Parliament years ago to line their pockets and now act like Saints "helping the poor"....by coming back to win the ANC votes in Elections...

  • Thabs - 2010-08-02 08:01

    you can't present a moral argument to people with no conscious. white people have become the sum of what apartheid hoped to create: evil to the core.

  • ivan - 2010-08-02 08:02

    If you have studies stats, you wil know that it is the easiest thing in the world to manipulate....If you have a specific agenda, such as wanting to push for harder "punishment" for companies that stil have white people as ceo's, (as mentioned in the article. Then you will do exactly as this study did...you choose a very small sample of companies in a specific type of demografic area where you know you will get the results you need to prove your point....If the report writers for example whent to Soweto or Central Durban, or Polokwane, etc they would have had a completely different result with Balck people being the predominent number of ceo's....Also when you look at the specific people in this result most of thm had those positions for more than 14 years already...Should the companies have just fired their good ceo's just to make the BEE bean counters happy, or might the next CEO (once this one move on or retire) be a black person...But no the reprt doesnt talk about any of this...because it will NOT serve the purpose of the writers...and that is to deliberately blandish SA companies a sracist. so as to force government to bring more stringent "punishment" laws into place so that only "bee " FIRMS WILL GET ANY CONTACTS OUT THERE IN THE MARKET....iT IS THUS DOWN TO PLAIN ECONOMIC...MAKE SURE YOU GET RID OF YOUR COMPITITION, NO MATTER BY WHAT MEANS.

  • Eles - 2010-08-02 08:05

    I agree with Michael where he says it is about creating more jobs, not fighting over those that exist. That is why BEE has been a huge failure, rewarding some with huge amounts of money and for what? That should be used towards uplifting more people. Did you watch Carte Blanche last night - why do people try to ride off the backs of their famed relatives and run businesses that they clearly are not equipped to do - do they think they will get away with it and the disastrous consequences? Clearly so. It is like these people with charities, so many have to be watched so closely cause apparently given themselves huge salaries and bonuses is more important than the facilities for the people concerned, that is why I don't donate a cent to any organisation. I rather visit, see what is needed and go and buy it myself for them. I know that there are some truly excellent people out there, working tirelessly for organisations and doing their best but sadly they do seem to be few and far between. I know of someone running a place for aids orphans, everyone thinks this woman is the biggest martyr and a saint, but she takes the best of the products donated for herself and a huge salary out of what is donated. Misapprobiation of funds. She thinks it is her due?

  • lee - 2010-08-02 08:06

    What % is white in the police, what % is white in the army, how many whites are in goverment (ANC) how many whites do you see working in the malls, garages etc etc. Really whats your point. Next time i fly into S.A. i will ask why their are no whites at passport control to give me attitude.

  • Whytemann - 2010-08-02 08:07

    There is not one company, government department, parastatal or NGO that I am aware of, which has a black in charge, that is successful! Just look at SAA, Transent, Eishkom, various municipalities, and you will have to agree! I'll repeat here what I said on another posting: Fact is that no amount of legislation will ever stop the market from identifying and employing people who are competent and capable of doing the job as opposed to lazy, corrupt people who reckon the job should be theirs as an entitlement for perceived past wrongs. As long as AA, BEE and the like exists, this caantry will NEVER be a success!

  • JD - 2010-08-02 08:08

    I will tell you why, all companies has to comply with BEE and AA (Affirmative Action), however these CEO's drive their company targets by complying on the lower scale, so if you look at the figures the bootom scale will always comply, they do this to protect their own jobs so they look good, but this does not apply on the executive level or senior management and in my modest opinion these are the guys that benefited from apartheid, not the 18 year old leaving school now if anybody had to make a move it is these guys. But they will continue driving it on all the levels except their own.

  • digit - 2010-08-02 08:10

    You should be celebrating, not crying.

  • Vuzi - 2010-08-02 08:12

    Why must the cake be cut into smaller pieces or dished out to other others. Why do you believe that you have a right to this cake anyway ? Bake your own cake black man ! More cake for everyone, the somalies and Pakistanies in the townships can do it but we can't. Why must we always insist on grabbing when we can make our own. Let us bake our own cake and eat it.

  • stuart thom - 2010-08-02 08:12

    Just as well they are so few - look at the companies that have collapsed under BEE management. Imagine if the BEE CEO were 80% the economy would collapse.

  • Chris - 2010-08-02 08:14

    I'm tired of hearing about how "historically disadvantaged" the black nation were!! For goodness sake, I know Apartheid was wrong, but for us to move forward there has to be forgiveness, not revenge.
    Another point I'd like to make is that in the Apartheid era, the white people were given no quarter by the rest of the world, and yet we still managed to succeed despite the sanctions. This is called determination, a lesson that our black counterparts could learn. It's tough out there and the only help you are going to get (or should get) is going to be from yourself!!

  • schmiekert - 2010-08-02 08:14

    WHAT do you want. do you want BEE to f=up all businesses as well. why do you blacks always Want Want Want...... why dont you start your own business. like you said its been 16 years of taking and you still cant come right. if all the whites give up all the ceo statuses... nothing will work. it will be like Angola,Zim and all the resr of Africa. but that is your culture. you just want want want but you can do nothing for yourself

  • JOSEPHK - 2010-08-02 08:15

    I think we need to create our own companiees as Black and set our own CEO but we need Goverment Financial backup.Organizations like Black mangement Forum they are not doing their work their upliftment is happening to th esame people and spen dtheir times in Golf clubs than boardrooms.Black people needs to be put in a program to develop them to true leadership and stop following the old way of skill transfer work with your white male fellow worker to gain experience. And the other thing blacks msut stop following the Model of start by Completing MBA first to open your ways it does not work . We need proper skills transfer on hands training .

  • ShowBoat - 2010-08-02 08:15

    Where do they come up with these stats? only 269 COE's? There are millions of black people in high positions in government, and you dont see the whites complain? Idiotic letter to say the least !!!! But it would seem that is all you people can do - take steal, consume, starve - not create and prosper ! Anything worth while takes a long time to do - these companies took many years to be build and become prosperous - now you just want to TAKE it without earning it??? Typical it would seem !

  • Erika - 2010-08-02 08:17

    Perhaps that is why our country is not in the state Zimbabwe is in.

  • Lisaman - 2010-08-02 08:18

    Have you looked at how many BEE companies have started and failed on the stock exchange over the last 15 years. Pleased on't blame the whites. Did you see Carte Blanche last night and the mining company of Zuma and Mandela!!

  • Hans - 2010-08-02 08:18

    I suggest that the large group of black intelligent candidates who have the leadership qualities, go make a name for themselves in government/provincial/municipal positions (where whites are virtually non-existant). This route is the easiest to prove their abilities to the private sector, which has always snapped up sharp civil servants.

  • Mike - 2010-08-02 08:19

    Michael, You hit the nail on the head!

  • Non - 2010-08-02 08:21

    @Micheal - I cannot believe your comment on 'stupidity of the african mind' was published. You really need help...

  • Daniel - 2010-08-02 08:24

    You are so right Michael - problem is the incompetance of the so called african

  • Rocco - 2010-08-02 08:24

    Like most analyses, this one also has a tune to dance to. Statistics can say anything you want them to! Agriforum has done a similar survey and their figures are quite different; just goes to show! Furthermore, why just pick on the top 9% of employed people? The other 91% is fully integrated, if not over-integrated regarding gender, race, etc. As most of the responses show, one needs to WORK very hard to attain the position of CEO/CFO, not get it handed to you on a platter!
    Wake up and smell the coffee, bru!

  • Les - 2010-08-02 08:25

    This is very interesting and most are making valid points, and most still udermining the ability of black people. Many White CEO's and executives are there beause, yes they started the business, and some are there because of years of experience and service and thus they know the business. So I guess they should be in those positions. Yes there are many competent black individuals out there, however you would find that their years of experience does not out weigh that of the white CEOs. I agree that black people should not expect handouts and they should stop this entitlement mentality. I think if you work your but off, and put in the years of service(no job hoping), in 7-10 years time you'll probably be in a position fair competition with your white/indian peers. Being at the top takes years, pain and sweat. Yes the black forefathers didn't have the money to start businesses or the ability to fund their offsprings business ventures. But we need to rise up and take more action and stop crying about the past. This mentality puts some of the competent black people at a disadvantage as probably most of the whites think some of us are just fronts, whereas we work hard and are very competent. I know that if I become a CEO one day soon, it should be because of merit and an outstanding track record!

  • Dave - 2010-08-02 08:25

    What is shocking is that the majority of the people are finding this acceptable. I just read an article that read "Media vs ANC" the first line read "SA is becomming a Zimbabwe" Well its the people who support these awful BEE stats that will be to blame is SA does become a Zimbabwe. Wake up people, what do you expect will happen if people in leadership/power positions are acting irresponsible and frustrating the majority race in this country

  • Judith - 2010-08-02 08:28

    We have a crying need to grow and not shrink the economy. Because recent events had seriously shrunk the economy, only those businesses which have staying power, good governance and the ability to innovate remain. They may be white male run, but many of those people have been in business for twenty to thirty years or more or they are the orinigal business ownership team. Now we need all the brighest and most creative to start their new enterprises, offering jobs and creating new teams to increase job opportunities in the economy. There is a lot of business assistance and financing for the previously disadvantaged - so you are supported. Now get going!

  • Doug - 2010-08-02 08:29

    Paper qualifications are only part of the story and just because you have them doesnt mean you have the right stuff to do the job. Employers are looking for a lot more from a candidate in these positions so your piece of paper wont get you very far if you cant tick all of the hidden boxes which will vary from company to company. This is not a race issue as the additional qualities being sought by the board cant be taught in formal education.

  • CJC - 2010-08-02 08:29

    I am planning to start a new business, now. But it is risky, as all new businesses are, and I need a black partner to fulfill my BEE needs. He/she must bring along half the money - a lot, I'm afraid - and be willing to share the losses to be incurred...Any takers?...Thought so. Start your own business, stop wanting to share in the milk and honey only. Gimme-Gimme Africa.