Women tavern owners among those benefitting from SAB Zenzele scheme
SAB is preparing to wind down its broad-based black economic empowerment programme, SAB Zenzele, currently valued at almost R10bn.
View ArticleWhy being bought out by a foreign multinational isn’t always the best option:...
This fast-growing freight-logistics business had been sounded out by a couple of multinationals seeking to establish a footprint in the country.
View ArticleRestructuring government procurement
The proposed Public Procurement Bill aims to simplify tendering while making it difficult to loot state coffers.
View ArticleBEE a disservice to South Africa's economy - Moeletsi Mbeki
BEE has not added any value to the SA economy and should be scrapped and replaced with an integrated business development policy, says political economist Moeletsi Mbeki.
View ArticleInternal strife could compromise black business in economic recovery
Divisions within the black business community need to be mended for a strong and effective collective to emerge.
View ArticleNortham weighs buyout of black investors’ R29 billion stake
Northam Platinum is considering buying out some of its biggest shareholders to curb future liabilities, boosting the wealth of three of prominent Black businessmen.
View ArticleNortham in talks to quicken buyout of black investors’ stake
Northam Platinum says it’s in talks to bring the buyback of shares from its black empowerment partner to an early conclusion.
View ArticleTime to abandon policies and ideologies that have not worked
The budget speech is around the corner. Andrew Duvenage gives his take on what government should do.
View ArticleMoeletsi Mbeki: BEE and affirmative action are biggest drivers of corruption...
Political economist Moeletsi Mbeki is sceptical of the possibility to develop a social compact in SA.
View ArticleMoeletsi Mbeki: BEE and affirmative action are biggest drivers of corruption...
Political economist Moeletsi Mbeki is sceptical of the possibility to develop a social compact in SA.
View ArticleRio Tinto faces loss of key bloc of black investors
Rio Tinto Group’s South African operation is facing the loss of a large bloc of black investors, a move that would leave it below the legal minimum for black ownership.
View ArticleBEE fronting so widespread, it's time to remove licences - Commissioner
The B-BBEE Commission says fronting is so embedded in South Africa, even the sophisticated are falling victim to it.
View ArticleBonang Mohale | My boss Jabu Mabuza - a great teacher and a quality human being
Jabu Mabuza left an indelible mark in SA's hearts that our destiny is to clearly build a free, democratic, united, anti-racial and anti-sexist South Africa, writes Bonang Mohale.
View ArticleBonang Mohale | My boss Jabu Mabuza - a great teacher and a quality human being
Jabu Mabuza left an indelible mark in SA's hearts that our destiny is to clearly build a free, democratic, united, anti-racial and anti-sexist South Africa, writes Bonang Mohale.
View ArticleSiya Khumalo | The time is perfect for business to manage the government...
The leadership void on transformation once abused by the ANC's Radical Economic Transformation faction can now be used by the private sector to lead on holistic nation building, writes Siya Khumalo.
View ArticleBurger King sale possibly back on the cards after revised conditions
Two months after the Competition Commission prohibited a proposed takeover of Burger King in South Africa by an international private equity fund over lack of black ownership, the deal is now back on...
View ArticleFund manager drums up Balwin shareholders to reject BEE deal
Balwin announced in May that it had concluded an agreement with Reggie Kukama, which would see the two companies establish a BEE special purpose vehicle which will own 10% of Balwin.
View ArticleCapitec to pay half the price of its R1bn BEE employee scheme
Capitec plans to issue new shares to the value of R1 billion to give to its employees. It will pay 50% of the purchase price and pay any taxes on behalf of its employees.
View ArticleShoprite Checkers launches R8.9bn BEE employee scheme
The Shoprite Group is issuing R8.9 billion worth of Shoprite Checkers shares to its employees through a new black economic empowerment (BEE) trust, effectively increasing black ownership in the...
View ArticleRamaphosa to appoint BEE advisory council
South African President Cyril Ramaphosa said he’ll appoint a council this week to advise on broad-based black economic empowerment.
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