mobile menu mobile search

Tag Archives: BEE

How new BEE rules will make a select few crazy rich

How new BEE rules will make a select few crazy rich

The IRR argues that the proposed new BEE rules means that preferred companies will be able to charge far more for a bigger chunk of government contracts on offer.

Business - By Staff Writer | 19 July, 2016
We will take your profit and throw you in jail for BEE fronting: government

We will take your profit and throw you in jail for BEE fronting: government

The BBBEE Commission says fronting remains a big problem in the country, and that the majority of cases reported to them involve the practice.

Government - By Staff Writer | 1 June, 2016
Too many white senior managers in South Africa: deputy minister

Too many white senior managers in South Africa: deputy minister

The deputy minister of Trade and Industry, Mzwandile Masina, says that South Africa is regressing when it comes to Black Economic Empowerment (BEE).

General - By Staff Writer | 29 March, 2016
We will end white control of SA economy: Ramaphosa

We will end white control of SA economy: Ramaphosa

Deputy President Cyril Ramaphosa has promised black business that government will spend billions on Broad-Based Black Economic Empowerment (BBBEE) in the coming years.

Business - By News24Wire | 24 March, 2016
Number of black CEOs in SA declining

Number of black CEOs in SA declining

New research into the makeup of South Africa’s Top 40 companies’ executive teams is showing slow transformation at the highest levels.

General - By RDM News | 5 October, 2015
BEE isn’t doing what it’s supposed to: former ANC treasurer

BEE isn’t doing what it’s supposed to: former ANC treasurer

Businessman and former ANC treasurer general Mathews Phosa has expressed misgivings about the ability of the current BEE policy to lead to real broad-based black economic empowerment.

Business - By News24Wire | 18 September, 2015
Watchdog to police BEE fronting

Watchdog to police BEE fronting

Companies and employers could face criminal prosecution for fronting as black economic empowerment entities if found guilty by a soon to be established watchdog.

Government - By News24Wire | 12 August, 2015
BEE is affirmative action for entrepreneurs

BEE is affirmative action for entrepreneurs

The new BEE codes could well be the last nail in the coffin for the South African economy, according to a new report.

Government - By Staff Writer | 30 July, 2015
How many black South Africans benefit from BEE

How many black South Africans benefit from BEE

BEE only benefits a small elite, and will leave the majority of black South Africans out in the cold.

Business - By Staff Writer | 28 July, 2015
BEE benefiting only a few

BEE benefiting only a few

Black Economic Empowerment (BEE) is becoming more narrow-based instead of becoming more broad-based, according to the Institute for Race Relations.

Government - By Staff Writer | 26 July, 2015
BEE deals drive over R319 billion in value

BEE deals drive over R319 billion in value

“Recent statements that BEE deals do not create substantial value are false.”

Business - By RDM News | 25 June, 2015
Is South Africa’s government racist?

Is South Africa’s government racist?

A new report questions the policies implemented by the South African government, in particular, those relating to affirmative action, and race distinction.

Government - By Staff Writer | 10 June, 2015
BEE benefits blacks the least

BEE benefits blacks the least

BEE and affirmative action policies are working to uplift the previously disadvantaged – but black Africans aren’t the ones reaping the most benefit.

Business, General - By Staff Writer | 13 May, 2015
R23 billion for black business in SA

R23 billion for black business in SA

The state intends to invest R100 billion in job-creating activities in the next five years, including R23 billion specifically to promote industrialisation owned and managed by blacks.

General - By News24Wire | 13 May, 2015
Rhamaphosa, Guptas scoring big from Eskom: analyst

Rhamaphosa, Guptas scoring big from Eskom: analyst

Proponents of Eskom’s BEE procurement policies are among the state-owned power monopoly’s biggest thieves, an analyst has said.

General - By News24Wire | 25 April, 2015
Join our newest FREE BusinessTech newsletter today!
×