Black Empowerment
latest news & developments
Broad-based BEE is not optional, says deputy minister Joel Mohai
Officials said that while black empowerment faced implementation challenges, it remained central to government’s economic inclusion objectives
What various coalition scenarios could mean for broad-based BEE
As the political horse trading begins, the fate of the controversial policy is uncertain
Thebe Tourism Group
Trailblazing in Transformation
Mining charter has not achieved aims, says minister
A review of the mining charter has revealed that targets set down for transformation have not been achieved, Minister Susan Shabangu said on Monday.
Cosatu slams ‘elitist’ BEE deals
Cosatu has condemned what it terms "elitist" black economic empowerment deals in the steel industry.
Microsoft launches R470m empowerment deal
Microsoft is to invest almost half-a-billion rand over the next seven years into the local software industry, the company said on Friday.
Solidarity: Black ownership on JSE rising sharply
BEE has led to a remarkable increase in black ownership on the JSE over the past 13 years, trade union Solidarity said on Wednesday.
Altech announces R1,5bn BEE deal
Technology group Altech on Monday announced a black economic empowerment (BEE) transaction valued at R1,5-billion.
IDC names bidders for Foskor BEE deal
The IDC on Wednesday announced the successful bidders for a 26% broad-based BEE stake in Foskor.
SABMiller announces R6bn BEE deal
SABMiller on Wednesday announced a proposed broad-based black economic empowerment (BEE) transaction worth about R6-billion.