Businessman caught up in more allegations of BEE fronting

2018-12-30 17:45

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.

GEPF's Mokate: Pension fund healthy despite Steinhoff, VBS 'elephants in the room'

2018-12-03 16:55

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.

Recognising the private sector's heroic role

2018-11-04 09:00

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.

WATCH: HOW WE MADE IT BIG IN MINING!

2018-08-29 14:44

A leap of faith in business has paid off big time for the Khomo family in John Taolo Gaetsewe municipality in the Northern Cape.

Education can provide true empowerment

2018-08-19 09:36

In BEE is not the enemy (City Press, August 12 2018), Mondli Makhanya paid the Institute of Race Relations (IRR) a justly deserved compliment, though perhaps without meaning to, writes Michael Morris.

DA daunted by our ugly past

2018-08-10 09:25

The debates in the DA suggest that the party is unsure about how to deal with the legacy of the past which manifests itself in spatial patterns, income trends and the "first black" phenomenon, writes Mpumelelo Mkhabela.

DA leaders pick sides amid confusion over party's decision to ditch BEE policy

2018-08-07 07:35

Senior DA party leaders have attacked each other on public platforms, disagreeing over whether the party had actually taken a decision to scrap the empowerment policy.

DA's highest decision making body ditches BEE, saying the policy is not sustainable

2018-08-04 12:44

The DA’s federal council has decided to ditch black economic empowerment, claiming the policy is simply “just not working.”

WATCH: Incredible footage shows Asian hornets ambushing honeybees

2018-07-04 18:18

Tiny electronic trackers small enough to attach to a flying insect are the latest weapon being used to stave off an Asian hornet invasion that threatens Britain's honeybees.

These 4 simple cartoons explain Vodacom’s complicated new YeboYethu BEE deal, worth R17.5 billion

2018-06-11 11:04

Vodacom's planned empowerment transaction features complicated share swaps and value calculations – but is pretty well explained in a short cartoon for existing YeboYethu shareholders.

 

PIC said to face Steinhoff probe

2018-12-10 19:48

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.

You can get free shares in Discovery Bank by depositing money with it – if you are black

2018-11-14 15:00

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.

WATCH: MY LIFE IS BETTER NOW!

2018-10-16 11:35

Today he is a production supervisor at a mine.

KATHU’S MINING SUCCESS STORY!

2018-08-29 12:37

JOMO Khomo and his wife, Kefilwe, worked abroad for several years and came back with a suitcase full of great ideas.

World Bank: Strengthen property rights for land reform

2018-08-14 21:11

The World Bank recognises the need for land reform, but it must happen within a regime of secure property rights.

It's war in the DA between 'laptop boys' and 'Bruma boys'

2018-08-10 08:27

The DA is at risk of being paralysed by low-intensity warfare between the "laptop boys" – a grouping rallying behind the party's "liberal core" – and the "Bruma boys", writes Adriaan Basson.

BEE policy: DA federal chairperson disputes claims by head of policy

2018-08-04 19:41

DA’s federal council chairperson James Selfe has disputed claims that the opposition party has decided to do away with its BEE policy and search for a broader economic empowerment policy.

Vodacom went to court to be allowed to reach shareholders via SMS, because the Post Office was on strike

2018-07-19 09:58

The additional cost to Vodacom and its empowerment structure of not having a reliable postal service for several weeks: R2.5 million.

Vodacom plans R17.5bn stake sale to raise black ownership

2018-06-11 12:53

The deal will help Vodacom comply with a government initiative to ensure that at least 20% of the company is owned by blacks.

Vodacom just announced a R3 billion payday for its BEE investors – here’s how its YeboYethu scheme will now change

2018-06-11 09:34

In a dizzyingly complex series of transactions, Vodacom BEE shareholders will get R3 billion in dividends before the company puts R4.2 billion into a new scheme for the next 10 years.

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