‘Post state capture we’ve put in several controls on the procurement and contract management side,’ says power utility procurement executive
New research shows that while South African organisations have made strides in achieving greater diversity and transformation, too many people still feel excluded in workplaces – and this has significant consequences for productivity and company performance
With only a few months left until the 2019 national elections, the Democratic Alliance this week found itself beset by a new crisis
On Saturday it was revealed that the DA’s federal council had decided to ditch black economic empowerment, claiming the policy was ‘just not working’
The trade and industry department has not clarified the new BEE Act and codes of good practice, resulting in nervousness and uncertainty.
While Marikana miners wanted pay and housing, the struggling company met BEE demands.
Changes to laws governing black economic empowerment will be highly beneficial for small, black-owned companies but not for underperforming big ones.
Trade and Industry Minister Rob Davies says B-BBEE has been a success in SA despite acknowledging several problems with the empowerment plan.
Trade and Industry Minister Rob Davies says the Broad Based Black Economic Empowerment Amendment Bill will put in place measures to tackle fronting.
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/ 2 February 2012
Business advisory group KPMG says companies operating in South Africa have improved their broad-based black economic empowerment ratings.
"Fronting" is an "unintended consequence" of an emphasis on diversity of ownership in black economic empowerment, President Jacob Zuma said on Friday.