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.
This fast-growing freight-logistics business had been sounded out by a couple of multinationals seeking to establish a footprint in the country.
SAB is preparing to wind down its broad-based black economic empowerment programme, SAB Zenzele, currently valued at almost R10bn.
A scheme set up in 2011 to attract and keep pharmacists and black managers benefited from a big rise in the Clicks share price – which rewarded employees handsomely.
Firefighters were eventually brought in to get the plane, with 135 passengers and Bangladesh's information minister on board, to take off.
A Supreme Court of Appeal judgment means BEE holding company Termico is due a payout of more than R250 million for its shares in DB Technologies, after years of legal action by American company SPX.
Deep stakeholder ownership can be the ticket to transformative black economic empowerment, says Ferial Haffajee.
BEE has long been contentious within the DA. Fin24 talks to its spokesperson for jobs, MP Geordin Hill-Lewis, about the party’s stance.
While it is noble to ask companies to comply with BEE, government should focus on getting jobs created in the first place, suggested Nedbank economist Busisiwe Radebe at a post-Budget briefing.
South Africa is investigating a R9bn loan made by the PIC to a BEE partner of Steinhoff International, according to people familiar with the matter.
Discovery plans to give 10% of its new bank to black depositors in an entirely vendor-financed system – though it recognises that could mean political trouble.
The owner of the OR Tambo and Cape Town International airports can't block large car-rental companies that have less than 15% black women owners, the Supreme Court of Appeal says.
Now that the DA has elected a white man as its interim leader, it will find it harder to lead on some crucial, uncomfortable discussions we must have in a still racially polarised South Africa, says Solly Moeng.
Discovery says it has "made important progress" in a plan for vendor-financed shares due to black depositors of Discovery Bank.
From how bees communicate to how much honey they produce, here are a dozen things you probably didn't know about these creatures.
There's a bee hidden somewhere among these flowers. It takes most people 8 seconds to find it — how long will it take you?
Orion Minerals on Monday confirmed that it was raising A$8m in capital as part of a broader Black Empowerment Equity restructuring process.
We should not be surprised if BEE is once again attacked simply because it’s not done correctly, says Nomfundo Xenia Ngwenya.
A 42-year-old man is accusing his former boss of using him as a front for a company that does business with the government.
The Government Employee Pension Fund has impaired Lancaster 101, Steinhoff's BEE partner. The state pension fund is invested in Lancaster through the Public Investment Corporation. Other impairments included Independent News Media and Agri Poultry.
The private sector still confronts a plethora of damaging new regulations despite recent utterances by President Cyril Ramaphosa and Finance Minister Tito Mboweni, writes Anthea Jeffery.
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