Highlighting Commitment that Transcends Mere Compliance – An Enduring Dedication to Meaningful Economic Transformation in South Africa Samsung has reaffirmed its commitment to the country’s transformation agenda by maintaining its Level 1 B-BBEE (Broad-Based Black Economic Empowerment) for the 8th consecutive year – continuously achieving a high standard of performance in transformation. When Samsung entered […]
The fallout is the latest threat to the fragile government of national unity that has frequently come to the brink of collapse over policy clashes between its two largest parties
The Democratic Alliance is arguing that it’s in the ANC’s electoral interests to back the proposal
The organisation has criticised the way the Act was devised and says it risks damaging the economy
The DA claims it was proven right to boycott the dialogue after Deputy President Paul Mashatile instructed ministers to attend the convention virtually
Several prominent foundations have withdrawn from the national dialogue citing poor planning and questionable spending
Any discussion about the policy must weigh up addressing historical injustices, its measurable and intangible benefits, and the costs of not transforming the economy
‘The new economic dispensation should match the aspiration for economic freedom and the fulfilment of the highest ideals of our democracy.’
Rather than relying solely on racial quotas, a model that addresses socio-economic disadvantage more broadly could better align with the Constitution’s commitment to substantive equality
As the political horse trading begins, the fate of the controversial policy is uncertain
Given equal opportunities, female entrepreneurs can add enormous value to our economy.
The drama at Dis-Chem shows that many firms are declining to transform because they can
ANC cadres used the Covid-19 pandemic for self-enrichment under the guise of BBBEE
Implemented correctly, B-BBEE could shift the economy into a positive direction in as little as three to five years
Given the slow pace of change in mining and other sectors, some analysts have raised concerns that the ruling will cause empowerment efforts to unravel
The advent of democracy in 1994 merely created the conditions for transformation to begin
The Banking Association South Africa’s report on transformation in the financial sector also found that black women voting rights reached its highest level since 2016
This can be done by making the project’s 30% of the budget for local broad-based black economic empowerment a separate budget to break the feedback loop that greases the wheels of patronage.
Tshegofatso Mathe spoke to people in the South African business world about structural racism in our economy, and what must be done to overcome it