Sanlam shares rise after it details new empowerment deal

2018-10-31 12:24

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.

‘Just dump the charter’

2018-07-01 06:02

The Mining Charter should get scrapped altogether, says one of South Africa’s foremost empowerment researchers and advocates.

Calls for action after black professional shared why she quit Cape Town for Jozi

2018-05-31 17:24

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.

Gupta companies could have fake BEE certificates - DA

2018-02-26 16:27

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 and Curro's STADIO enter B-BBEE transaction

2017-09-19 20:54

Brimstone has successfully entered into an empowerment transaction with STADIO, the subsidiary of the JSE-listed private education company Curro.

Black brokers call for radical overhaul of sector – Absip

2017-07-30 06:00

Decreasing black broker allocations and a disproportionately low black presence in the equity research sector warrant a radical overhaul of the industry.

We’re all to blame for inequity

2017-05-14 06:50

The lack of progress in the transformation of South Africa’s workplace, as reported in the 17th Commission of Employment Equity report, released this week, comes as no surprise, writes Dudu Msomi.

Nedbank CEO: We fared best among big 4 on transformation targets

2017-03-22 13:30

Nedbank has acknowledged that its workforce profiles at senior management level should focus more on African employees.

New fund targets empowering junior SA mines

2017-02-02 18:31

A new investment fund targeted at empowering junior mines which traditionally struggle to access capital has recently been launched.

Manuel critiques BEE favours

2016-11-13 05:59

Former finance minister says BBBEE only favours a small elite, while the poor continue to suffer

 

Black ownership dropped in JSE-listed companies - report

2018-08-03 11:43

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.

'Black brain drain': Western Cape vows to do more to retain talent and be welcoming

2018-06-01 08:00

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.

Fronting must be investigated without fear or favour - Rob Davies

2018-03-06 14:52

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.

Sasol Khanyisa under fire

2017-11-19 06:07

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 dividends 'make a difference in shareholders' lives'

2017-08-31 09:18

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.

‘Failure to transform is hampering growth’

2017-07-30 06:00

The black majority, particularly Africans, should never be apologetic in their quest to own and control South Africa’s wealth and economy in a manner that is proportionate to their size, “if not more”.

Winning at all costs

2017-05-07 06:25

Ramaphosa and Sisulu have integrity and appreciate the ideals enshrined in our Constitution, writes Tebogo Khaas.

Wealth planning for beneficiaries of B-BBEE schemes

2017-02-09 18:33

If you qualify for a Broad Based Black Economic Empowerment scheme, there could be many pitfalls and better ways to structure your affairs.

You may be a citizen of SA, but are you still black?

2016-11-20 06:01

The revised BBBEE provisos affect firms’ existing credentials and black shareholder numbers, warns Amber von Steiger.

BBBEE fronting probed

2016-10-16 07:41

As complaints pile up, the commission is setting up preventive mechanisms and rules to clamp down on the practice.

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