Self-empowerment: Today’s students can invest in their futures by offering their time and skills in the workplace

February 23, 2017

Given the increase in South Africa’s unemployment rate to approximately 27% as per Stats SA, the topics of education and skills development remain pertinent. While there aren’t necessarily any quick fixes to this problem that the country faces, there are indeed avenues that offer young people the means to succeed, to generate an income, to […]

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Posted in Skills development0 Comments

New perspective on economic transformation needed, Minister Pravin Gordhan

February 23, 2017

South Africa needs a new perspective on economic transformation, Finance Minister Pravin Gordhan said on Wednesday. “To achieve sustained higher growth, there are also more fundamental, more radical transformation measures that are needed. These relate, in particular, to economic power,” said Minister Gordhan, who tabled the 2017 Budget in Parliament. He said the relationships between […]

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Youth programme Buddibox makes matriculants dreams come true

February 22, 2017

The 442 672 matriculants who passed their 2016 National Senior Certificate (NSC) exams are now faced with big decisions about their careers and job opportunities and for many, the future looks less than promising. Fees didn’t fall and without a tertiary degree, or a job in a country with one of the highest unemployment rates […]

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Posted in Enterprise Development, SMMEs0 Comments

Joburg Social Movement accuses Mashaba of shunning programmes aimed at assisting black people

February 22, 2017

The Johannesburg Social Movement has called on councillors to remove City of Johannesburg mayor Herman Mashaba citing his lack of vision for the city. Chief amongst the movement’s grievances are the mayor’s decision to call for the cancellation of the Jozi Bread and Jozi@Work programme. The movement’s spokesperson Tshepang Mokgatla said the mayor’s decision to […]

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Premier David Makhura outlines economic transformation plan for province in SOPA

February 21, 2017

Gauteng Premier David Makhura delivered his fourth State of the Province Address at the Greenhills Stadium in Randfontein on Monday. The province’s number one citizen unpacked his programme of action which is linked to transformation in the economic sector. The premier said stakeholders have embraced the rapid implementation of the new Provincial Economic Development Plan […]

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Posted in Enterprise Development, SMMEs0 Comments

MEC Lebogang Maile visits farms affected by Fall armyworm

February 20, 2017

The Gauteng provincial government has pledged to assist farmers affected by the Fall armyworm currently causing damage in crops in the province. MEC for Economic Development, Agriculture and Rural Development, Lebogang Maile made these remarks during a site visit to affected farms in Bronkhorstspruit and Bapsfontein. The MEC said the spread of the armyworms was […]

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BMF supports prosecution of 17 Banks for alleged collusion

February 18, 2017

The Black Management Forum (the BMF) congratulates and supports the Competition Commission (the Commission) in respect of its referral of a collusion case in terms of the Competition Act No 89 of 1998 (the Competition Act) to the Competition Tribunal (the Tribunal) for prosecution against the Bank of America Merrill Lynch International Limited, BNP Paribas, […]

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Anglo American voices concern over Reviewed Mining Charter

February 17, 2017

On the backdrop of comments made by Department of Minerals and Natural Resources Minister, Mosebenzi Zwane at the Mining Indaba recently held in Cape Town, Anglo American has issued a statement. The minister used the opportunity at the Mining Indaba to inform stakeholders about the revised Mining Charter. “With regard to the regulatory tool governing […]

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Posted in Government, Mining0 Comments

Small Business Development Minister reiterates Radical Economic Empowerment approach

February 16, 2017

Minister of Small Business Development, Lindiwe Zulu has reiterated and reaffirmed statements made by senior government leaders who spoke to the fact that change must happen in the economic landscape of South Africa. This she mentioned during the State of the Nation Address debate where her focus area was actualization of the 30% set-aside of […]

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Posted in B-BBEE, Prefferential Procurement0 Comments

NEF to be incorporated into IDC to guarantee funding for black entrepreneurs

February 15, 2017

In a landmark breakthrough for South Africa’s quest for inclusive growth and radical economic transformation, the Ministers of Trade and Industry and of Economic Development announced in Cape Town on Tuesday that the National Empowerment Fund (NEF) will become a wholly-owned subsidiary of the Industrial Development Corporation (IDC) in order to meet the considerable demand […]

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Posted in Enterprise Development, Featured0 Comments

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