Commission to tackle fronting

2015-11-15 15:01

Many companies are still using black people as fronts so that they can get BEE points and win tenders, but they will soon face the music.

UPDATE: Shanduka 'committed' to Lonmin's BEE partner

2015-11-06 19:35

Empowerment group Shanduka says it remains committed to Incwala Resources, a BEE partner of struggling platinum miner Lonmin.

Hospitality sector slates new liquor, BEE rules

2015-10-15 15:52

If certain proposed amendments to the national liquor policy and new BBBEE codes are implemented, it will have a big impact on the hospitality industry.

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.


Hudaco heads to court over 'secret profits' in BEE deal

2015-11-11 14:53

The Hudaco group has instituted legal proceedings against Bravura Equity Services, Cadiz Asset Management and others to recover alleged secret profits of R180m.

Lonmin may shut down if share sale fails

2015-11-04 13:30

Lonmin says shareholders risk losses if they block a refinancing plan that includes a stock sale.

Riaz Gardee: Exxaro’s BEE future – an uncertain one

2015-10-13 16:02

The commodity cycle rout has left none in its wake. Riaz Gardee looks at what the current climate means to BEE deals, in particular Exxaro.

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.

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