Latest articles on B Bbee Act

B-BBEE commission finds compliance irregularity in Eskom deal

Eskom failed to comply with the Broad-Based Black Economic Empowerment (B-BBEE) Act when it granted a tender for the Duvha power station in Mpumalanga

B-BBEE commission finds compliance irregularity in Eskom deal

The commission found that the power utility granted a Chinese entity a tender in contravention of the B-BBEE Act

Court grants declaratory order on ‘once empowered always empowered’ BEE transactions

The Chamber’s legal counsel argued that the top up provision is unconstitutional as it is vague and uncertain and would steer away investment.

Only beneficiation will stamp out

The youth jobs scheme offers yearlong internships but sceptics fear it will only beef up BEE scorecards

​State owned entities must implement B-BBEE

The minister of trade and industry has called on SOEs to play a more robust role in implementing B-BBEE

BEE commission to probe Gupta-linked firms for allegedly faking certificates

The DA is accusing Eskom of knowing Tegeta, Optimum and Trillian had used fraudulent certificates.

​Multinational accused of BEE fronting

A black-owned firm was paid a token amount out of a lucrative contract to ‘maintain pot plants’.

Long-awaited BEE ombud still a work in progress

It may take at least a year before the BEE commission is formed.

Choose your partners with care

What does a “good” black economic empowerment partnership look like?

‘We simply have to deliver’

Transforming education should be the next step towards South Africa’s future, say analysts.

BEE fronting is fraud, says Zuma

The practice of fronting for black economic empowerment is unforgivable, says President Jacob Zuma.

Despite challenges, Davies views B-BBEE as a success

Trade and Industry Minister Rob Davies says B-BBEE has been a success in SA despite acknowledging several problems with the empowerment plan.

Davies moves to clarify B-BBEE amendments

Trade and Industry Minister Rob Davies says there is no confusion regarding the beneficiaries of the B-BBEE Amendment Bill.

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Latest

The living nightmare of environmental activists who protest mine expansion

Last week Fikile Ntshangase was gunned down as activists fight mining company Tendele’s expansions. Community members tell the M&G about the ‘kill lists’ and the dread they live with every day

Durban city manager says NPA erred in his bail conditions

The corruption-fraught metro is coming to grips with having a municipal manager who is on bail for graft, yet has returned to work

SA justice delays extradition of paedophile to UK

Efforts to bring Lee Nigel Tucker to justice have spanned 16 years and his alleged victims have waited for 30 years

Press Releases

Itec serves up high-tech integrated surveillance system for family food company

The system includes facial recognition software and a thermal screening solution that will provide instant temperature screening of all employees

Transport Month

An infrastructure-led recovery will help to stimulate demand in the South African economy, which is vital post the Covid-19 pandemic

Limpopo’s Economic Recovery Plan to fight Covid-19 impact

Billions have been set aside to help farmers and industries get back on their feet as part of the Limpopo Socio-Economic Recovery Plan

Disrupt the corrupt

Whistle-blowers should be seen as real heroes in the fight against corruption and we need a change in culture for this to happen

Corporates: A force for good for a sustainable future

In order to see people and nature thrive what is required is a strong focus on partnerships – we cannot act alone anymore

Combatting wildlife crime in Southern Africa activity annual programme statement (APS) No. 04

Concept papers are sought for implementating activities, for a multi-faceted programme that aims to reduce poaching and illegal trade in wildlife

The financial decisions made during your life journey, and their impact on your retirement outcome

The longer you save towards retirement the larger your retirement savings are expected to be due to the effect of compounding interest

In conversation with SA Reserve Bank Governer, Lesetja Kganyago

'Make interest rates zero and inflation goes up and then people save less – we need savings to fund investment in this country'

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