Finance sector regresses on black ownership and management control - reports

2019-11-29 05:00

The financial sector is falling behind on its transformation targets, reports show.

Only one in 10 state firms submitted B-BBEE reports in 2018, says oversight body

2019-07-04 09:50

The B-BBEE Commission says it will consider enforcing the submission of reports through the 'levying of penalties for the non-submission or late submissions'.

Sunday Read: This is how transformation creates business value - if you do it right

2019-04-14 09:22

MMI Holdings Group's head of transformation Busisiwe Sithole says that transformation shouldn't just be a tick-box exercise and if done right, it could generate value for businesses and the country.

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.

The betrayal of the struggle: ANC, EFF and VBS Bank

2018-10-12 07:23

Black political leadership today does not fulfil the mandate of the struggle for liberation. It has abused and continues to abuse its power for self-gratification, writes Mfesane Siboto.

Mantashe to unpack finalised Mining Charter on Thursday

2018-09-26 10:16

The long-awaited release of the renewed charter comes a week after Minister of Communications Nomvula Mokonyane confirmed it had been signed off by Cabinet.

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.

Solidarity gearing up for strike over Sasol’s empowerment scheme

2018-07-04 17:31

Trade union Solidarity says it may strike against Sasol over a B-BBEE scheme the union says is not inclusive of white employees.

BEE is not the problem

2018-02-14 10:42

Many people have blamed ‘bad BEE deals’ for loss in shareholder value or market share. But can BEE be blamed for poorly constructed ownership deals?

Sasol shareholders approve new R21bn B-BBEE scheme

2017-11-17 18:05

Sasol shareholders have approved its new R21bn Broad-Based Black Economic Empowerment scheme, known as Sasol Khanyisa.


MultiChoice makes offer to BEE scheme members to exchange shares

2019-08-30 18:03

Phuthuma Nathi shareholders will received MultiChoice shares in exchange for theirs if the proposed transaction is approved.

The business of transformation: 'It's not about choosing a black person over a white one'

2019-04-14 16:13

MMI Holdings, Group head of transformation Busisiwe Sithole shares lessons she learned in ensuring transformation strategies are effective.

Ferial Haffajee: Managed by blacks, owned by whites

2019-04-12 05:00

Supporting franchises is an excellent way to get skilled black businesspeople over the capital barrier, says Ferial Haffajee.

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.

Mining Charter heavily in favour of mining companies, anti transformation - EFF

2018-09-28 16:42

The Economic Freedom Fighters has hit out at the revised Mining Charter, saying that the provisions and compromises are sloped heavily in favour of mining companies.

Sasol says it won't change race-based requirements for its new B-BBEE scheme

2018-08-20 16:43

Sasol has said it won’t alter the requirements for the inclusion of employees in its new B-BEE share scheme, which has been rejected by trade union Solidarity for excluding white workers.

Sell African Bank to black investors to atone for Meeg’s demise

2018-07-26 13:39

Government needs to show it is serious about helping to create a sizeable black-owned and managed lender rather than saving a tiny bank like VBS, which can't compete with established commercial banks.

Black Economic Empowerment 3.0

2018-02-15 11:43

A new era of economic transformation requires a different language, parameters, objectives and measurement criteria – it needs its own transformation to keep up with the priorities of economic development.

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.

Tsogo Sun ranked 3rd most empowered JSE-listed company

2017-11-03 16:29

Tsogo Sun has been ranked third on the JSE Top 100 Most Empowered Companies for the second consecutive year.

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