The platinum miner will sell shares to the Bapo ba Mogale community in a bid to meet a black ownership target of 26% by 2015.
Lindiwe Mazibuko and others have scored a victory in the DA with its decision that race matters, which puts the party on a more interesting course.
In a sector still dominated by white entrepreneurs, it seems short-sighted to weight the deck so heavily against the majority of BEE participants.
Changes to laws governing black economic empowerment will be highly beneficial for small, black-owned companies but not for underperforming big ones.
A decade after the advent of BEE, South Africa is still one of the most unequal countries in the world. Has BEE failed or is it a work in progress?
Apartheid’s economy has been built on cartels; that culture of collusion and criminality has left the deep structure of the siege years in place.
Redistribution benefits an elite few and places undue constraints on South Africa's economy, says Anthea Jeffery.
The mining charter in its current form betrays the principles of empowerment and should be aligned with the BEE Act, the Black Managent Forum said.
Tokyo Sexwale's company will score up to R150-million from Absa Bank's Batho Bonke 'broad-based' scheme.
The public works department claims businessperson Roux Shabangu fraudulently used his empowerment credentials for a R137-million lease deal.
The ANC has used power allotted to it to create a black elite by implementing affirmative action in rather doubtful ways, writes Sampie Terreblanche.
Your report "Union uproar over 'missing' BEE shares" (March 30) makes serious claims against me, writes Thoko Obisanya.
The South African Police Service has been entered into another multimillion-rand property deal that was not put out to tender, writes Matuma Letsoalo.
A new study shows that BEE leaders who succeeded in through political clout rather than entrepreneurial initiative are no longer regarded as iconic.
A new MTN deal lights a spark of hope that all the big BEE transactions may not be over yet.
The National Consumer Forum (NCF), a non-profit consumer group has taken up the cause of lobbying for support, training and funding for SMEs.
Trade and industry says Solidarity's figures are misleading, writes Lynley Donnelly.