Sanral committed to transformation

January 26, 2018

South Africa’s national road agency is going all out to make sure black businesses in the construction sector are supported by everyone involved. The national roads agency is unwavering in its commitment to the inclusive participation of black South Africans in opportunities generated by its investment in the construction sector and related industries. Established businesses […]

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Posted in B-BBEE, Prefferential Procurement0 Comments

Eskom Foundation and partners celebrate future entrepreneurs

January 25, 2018

The Eskom Development Foundation, in partnership with the Education With Enterprise Trust (EWET), hosted a prize-giving ceremony in celebration of excellent youth entrepreneurship education on 24 January 2018 in Harrismith, Free State. The ceremony was to recognise the province’s top achieving schools in the 2017 Simama Ranta School Entrepreneurship Education Competition.   Harrismith Secondary School was […]

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Posted in Education0 Comments

Pace of transformation in the construction industry shows little signs of improvement

January 25, 2018

According to the latest Construction Industry Development Board (cidb) annual Construction Monitor: Transformation, even though there is a steady increase in the number of black-owned contractors in higher grades, less than 40% of cidb registered Grade 9 contractors are blackowned. Pumelele Qongqo, Project Manager for Monitoring and Evaluation at the cidb commented that while the […]

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Posted in B-BBEE, Infrastructure, Women0 Comments

M&D Construction Group attains level 1 B-BBEE status

January 24, 2018

M&D Construction Group recently recorded a number of important milestones that will ensure that it retains its standing as a leading participant in state-driven infrastructure projects in 2018 and beyond. The contractor’s most recent BBBEE accreditation confirms it is a black owned, Level 1 company, reaffirming its commitment to transformation in the South African construction […]

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Posted in B-BBEE, Women0 Comments

SAB&T BEE Services (Pty) Ltd and Shameema Ismael issue public apology following findings of non-compliance

January 24, 2018

The Broad-Based Black Economic Empowerment (B-BBEE) Commission has issued final findings against SAB&T BEE Services (Pty) Ltd and Ms Shameema Ismail for conduct that is improper, contrary to ethical conduct expected from a verification professional/agent, the standards applicable to verification and the objectives of the B-BBEE Act, and may amount to misrepresentation or attempt to […]

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Posted in B-BBEE0 Comments

BMF welcomes new Eskom board

January 22, 2018

The Black Management Forum (the BMF) has welcomed the appointment of the new board of directors at Eskom as announced by the Deputy President Cyril Ramaphosa on Saturday, 20 January 2018.  It said Eskom is one of the key State-Owned Companies (SOCs) in South Africa and plays a major role in our society. It remains […]

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Posted in Business0 Comments

BLSA welcomes new Eskom board

January 22, 2018

Business Leadership SA (BLSA) welcomes the appointment of the new board of Eskom SOC under the leadership of its newly appointed chairman Dr Jabulani Albert Mabuza and interim group chief executive Phakamani Hadebe. Bonang Mohale, CEO of BLSA, said: “This is a clear display of commitment by government to the transformation of our state-owned corporations. […]

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Posted in Business, Government0 Comments

New Eskom Board announced

January 21, 2018

Government has announced the appointment of new board members at Eskom, as an immediatemeasure to strengthen governance and management at the parastatal. “The company has been facing several challenges, including a weak financial position, declining revenues and governance failures, which are threatening the sustainability of the company going forward. “As a result, government has decided […]

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Posted in Government0 Comments

IMFC selects Reserve Bank Governor Lesetja Kganyago as new Chairman

January 19, 2018

The members of the International Monetary and Financial Committee (IMFC), the policy advisory committee of the Board of Governors of the International Monetary Fund (IMF), have selected Lesetja Kganyago, Governor of the South African Reserve Bank, as Chairman of the Committee for a term of three years, effective January 18, 2018. Kganyago succeeds Agustín Carstens, former […]

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Anticipation reigns among National Premier Awards finalists

January 19, 2018

Thirty companies will be vying for top honours in the fifth edition of the South African Premier Business Awards. Winners will be announced at an awards ceremony that will take place at the Sandton Convention Centre on 30 January 2018. The awards are presented by the Department of Trade and Industry (the dti), in partnership […]

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Posted in Government, Skills development, SMMEs0 Comments

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