Rock star economist Piketty: BEE not that successful in spreading wealth

2015-10-07 11:54

Once we get past emotion, the crux is whether resources are best applied by those who accumulate them, or by those who requisition them through taxes and levies.

MTN BEE scheme readies for JSE debut

2015-09-22 09:42

A scheme for previously disadvantaged South Africans to invest in MTN is set to list on the Johannesburg Stock Exchange.

MultiChoice BEE shareholders receive R1.2bn dividend

2015-09-03 13:23

Shareholders of MultiChoice’s broad-based black economic empowerment scheme, Phuthuma Nathi, will receive R1.2bn in ordinary dividends this year.

Anthea Jeffery: Race-based empowerment sidelines majority – undermines Constitution

2015-08-19 17:31

Anthea Jeffery argues that race-based empowerment helps only a relatively small black elite.

Pace of transformation in SA remains slow

2015-07-27 16:06

The pace of transformation in top management in South Africa remains slow, the Commission for Employment Equity’s annual report reveals.

R2.4bn BEE pot matures for Woolworths staff

2015-07-16 11:53

A black economic empowerment scheme of Woolworths, which has created R2.4bn for its participants, has now matured, says the company.

Latest on Mediclinic's Mpilo 1 BEE restructure

2015-07-09 14:01

Mediclinic and Mpilo 1 have agreed to a Mpilo 1 BEE restructure, the company has announced.

Business must step up to plate as dti dithers on BEE

2015-06-29 10:40

While the Department of Trade and Industry dithers on empowerment codes, the onus remains on big business to transform its supply chains, says an expert.

Allan Greenblo: Opposite approaches – so which BEE “policy” is the ANC’s real one?

2015-06-24 15:43

ANC policy on pension funds seems confusing and contradictory - but only one approach deserves support, says a retirement industry analyst.

Gold Fields may be safe from US action over BEE deal

2015-06-22 11:12

The US Securities Exchange Commission has recommended not taking action against Gold Fields over a 2010 black economic empowerment deal.


Mailbox: RWC 2015 – not the only thing Japan’s beaten SA at

2015-09-22 15:44

Following Japan's shock victory over SA, Biznews reader Mo Haarhoff says this is not only thing Japan’s beaten SA at.

Mailbox: We must work together for radical change

2015-09-15 10:54

A Fin24 reader has added to prominent businessman Herman Mashaba's criticism of SA's labour laws, calling it reverse racial discrimination and counter productive.

Manyi slates Solidarity comment that BEE is 'insulting'

2015-08-21 15:42

Mzwanele Jimmy Manyi says 'white-owned' business has betrayed reconciliation, while Solidarity believes empowerment policies are insulting to blacks.

Commission to police BEE fronting

2015-08-12 06:51

Companies and employers could face criminal prosecution for fronting as black empowerment entities if found guilty by a soon-to-be-established watchdog.

Draft BEE regulations must be rejected – pushing SA over a fiscal cliff

2015-07-22 15:11

The Institute for Race Relations' Anthea Jeffery argues that the draft BEE regulations should immediately be rejected.

Motsepe: Mining sector will overcome difficult times

2015-07-12 12:00

SA can overcome its mining industry challenges, as long as global shareholders look at it as a competitive and a good industry to invest in, says Patrice Motsepe.

Time to halt BEE – replace with “economic empowerment for the disadvantaged”

2015-07-08 15:36

It is time to call a halt to BEE, which needs to be replaced by a new focus on “economic empowerment for the disadvantaged”, says an analyst.

The true value of SA's BEE deals revealed

2015-06-29 07:48

A massive R317bn generated shows that recent statements that BEE deals do not create substantial value are false, according to research by Intellidex.

Xolani Qubeka: new BEE codes will compel private sector to transform faster

2015-06-23 16:36

A small business analyst warns entrepreneurs that they shouldn't wait for hand-outs but instead focus on the sectors they intend to grow in.

Slow paced JSE transformation a ticking time bomb

2015-06-19 13:20

Fatima Vawda, founder and CEO of 274 investment managers, says blacks own or have direct influence of 3% of the R12trn invested on the Stock Exchange.

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