Tag Archive | Black Management Forum

The BMF congratulates the appointment of Standard Bank’s Wealth Division CEO

The BMF congratulates the appointment of Peggy-Sue Khumalo as CEO of Sandbank Bank Wealth Division SA The Black Management Forum (the BMF) which is at the forefront of advocating and lobbying for transformation in Corporate South Africa is pleased with the appointment of Peggy-Sue Khumalo as the Chief Executive Officer of Standard Bank’s Wealth Division […]

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BMF gala dinner gives insight on transformation

The Black Management Forum (BMF) hosted its corporate update dinner at the Sandton Convention Centre this past Friday. The keynote and special addresses were presented by finance minister, Malusi Gigaba and BMF past president, Nolitha Fakude, respectively. The event was well attended by professionals across different industries who came out in their numbers to get […]

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The BMF meets with ABSA over lack of transformation

The Black Management Forum (the BMF) met with ABSA Group CEO, Maria Ramos and some of her executives on Thursday, 25 May 2017. The meeting was scheduled following the walkout of black professionals at ABSA Capital’s staff meeting after Phakamani Hadebe was overlooked for a promotion to head the CIB business. The BMF said it […]

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BMF and BUSA condemn Brian Molefe reinstatement

The decision taken by the Eskom Board of Directors to reappoint its former CEO, Brian Molefe has been condemned by some of South Africa’s largest business and professional lobby groups. The Black Management Forum (the BMF) and Business Unity South Africa (BUSA) have voiced their disapproval of the former MPs return to the state power […]

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Employment Equity report rejected by the BMF

The Black Management Forum (the BMF) has voiced its disappointed at Corporate South Africa’s continued disregard for transformation. This stems from the Commission of Employment Equity report launch where the its Commissioner confirmed that the reason why transformation continues to be dismal is because CEO’s do not regard transformation as a business imperative. The BMF […]

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BMF appreciates Negota’s role in business

Former President of Black Management Forum (BMF), Mr George Negota passed away on Sunday, 7 May 2017 in Johannesburg. Negota was the BMF President from 1984 – 1986. Between 1981 and 1986, the BMF recognised its responsibility to deliver services to its membership and raised funds to achieve this objective. With the support of the […]

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BMF congratulates Moyo on OMEM appointment

The Black Management Forum (the BMF) which is at the forefront of transformation in Corporate South Africa welcomes the appointment of Peter Moyo as Chief Executive Officer (CEO) of Old Mutual Emerging Markets. “Mncane Mthunzi, President of the BMF said they would like to applaud the progressive and exemplary move by Old Mutual in appointing […]

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Posted in Affirmative Action, Business0 Comments

BMF highlights issues affecting transformation in finance

The Black Management Forum (the BMF) which is at the forefront of transformation in Corporate South Africa tabled its recommendations on Transformation of the Financial Services Sector before the Standing Committee on Finance in Parliament on Wednesday, 22 March 2017. Part of the submission highlighted some of the key and structural issues hindering transformation in […]

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BMF supports prosecution of 17 Banks for alleged collusion

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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