The one positive of this, even if some of it is depressing, is that there'll be life on the other side, writes Adriaan Basson.
Make no mistake, the ratings agencies are scratching their heads on whether to downgrade us to junk status or to skip directly to leaking styrofoam cup status.
Industrial holding company PSV Holdings has terminated its agreement with B-BBEE partner Beryl Holdings following non-payment of the R5m subscription price due by Beryl, according to a statement issued on Tuesday evening.
News24 asked young people to send to us their reasons for leaving and what would have to be different for them to return to South Africa, or not leave at all. The response was overwhelming.
B-BBEE consulting and verification firm, Empowerdex, has had its certificate of accreditation suspended following allegations of bribery at the judicial commission of inquiry into state capture.
B-BBEE has produced patchy outcomes, at best. Enter the Black Industrialist Policy, writes Soria Hay.
JSE listed companies had only 38% black people on their boards in 2017 - including foreigners, who don't count in terms of SA legislation, says a transformation report by the B-BBEE Commission.
The Western Cape Government and Wesgro weigh in on the headline-making reasons given by a young black professional who decided to leave Cape Town for Johannesburg.
Trade and Industry Minister Rob Davies says that the B-BBEE Commission should be able to investigate the issues of fronting without fear or favour.
The Broad-Based Black Economic Empowerment (B-BBEE) Commission has raised issues related to Sasol’s new Khanyisa empowerment scheme, Sasol company secretary Vuyo Kahla said on Friday.
Phuthuma Nathi chair Mandla Langa has hailed the empowerment scheme as a success story, following an announcement that shareholders will receive R1.3bn in ordinary dividends.
In his weekly newsletter published on Monday morning, the president said white men still dominated top management in private companies.
One of the factors contributing to the slow pace of economic transformation is fronting, says the executive manager for compliance at the B-BBEE Commission.
The South African National Accreditation System said the suspension period was a precaution as well as an opportunity for Empowerdex to rectify their standing as well as investigate the circumstances surrounding the suspension of their accreditation.
Denou Farming was stablished in 2003 as a partnership between fifth generation Prince Alfred Hamlet fruit growers of the Goosen Family.
The financial-services group has announced it is moving forward with plans to issue 111 million new ordinary shares to an entity held by new and existing broad based black economic empowerment shareholders.
The Mining Charter should get scrapped altogether, says one of South Africa’s foremost empowerment researchers and advocates.
It was a brave step for Tinyiko Ngwenya to write about why she decided to give up her job in Cape Town to return to Johannesburg, says the Black Management Forum.
The DA says the empowerment certificates of Tegeta, Optimum and Trillian Consulting are possibly fraudulent and it will ensure documents relating to this are made available for the state capture inquiry.
Brimstone has successfully entered into an empowerment transaction with STADIO, the subsidiary of the JSE-listed private education company Curro.
Decreasing black broker allocations and a disproportionately low black presence in the equity research sector warrant a radical overhaul of the industry.
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