Tag Archive | transformation

Mncane Mthunzi named new Edcon COO

Financially troubled Edcon recently announced a R2.7 billion recapitalisation programme which will prevent a total shutdown of the company and save the many jobs that would be lost. Mcane Mthunzi was later appointed as their new Chief Operating Officer (COO), a move that was welcomed by The Black Management Forum (BMF) “Coming at such a […]

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Ramaphosa congratulates incoming Bidvest’s CEO Mpumi Madisa

President Cyril Ramaphosa has offered his warm congratulations to accomplished business leader Ms Mpumi Madisa on her naming as Chief Executive Officer-Designate of the international services, trading and distribution company, Bidvest. As part of Bidvest’s leadership succession plan, current CEO Lindsay Ralphs will retain this role until Ms Madisa takes office in July 2020 to […]

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BMF congratulates Mpumi Zikalala as De Beers Managed Operations head

The Black Management Forum (the BMF) which is at the forefront of advocating and lobbying for transformation within Corporate South Africa is pleased with the appointment of Ms. Nompumelelo (Mpumi) Zikalala to her new role as the Managing Director for De Beers Group Managed Operations. Ms Zikalala’s extensive background and experience in mining and more […]

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SAICA appoints new CEO

The Board of the South African Institute of Chartered Accountants (SAICA) proudly announces the appointment of Mr. Freeman Nomvalo as the Institute’s new CEO. Dr. Terence Nombembe, the previous CEO’s term comes to an end on 31 January 2019.  Dr Nombembe has, from March 2018, been serving the country on secondment to the Zondo Commission […]

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The BMF congratulates Sydney Mbhele as the new Sanlam Chief Executive

The Black Management Forum (BMF) is greatly encouraged and delighted with the appointment of Sydney Mbhele as the Chief Executive of Sanlam Brand’s Division. Mr Mbhele’s extensive background and expertise in his field positioned him well as the best choice for this role. “We are excited about Mr Mbhele’s appointment. His track record speaks for […]

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Loyiso Bala appointed channel Director of TBN in Africa

Trinity Broadcasting Network (TBN), the largest faith and family television network in the world, today announced that Loyiso Bala has been appointed as Channel Director of TBN in Africa. Bala is one of the most recognisable and passionate people in the South African entertainment fraternity. With 7 South African Music Awards (SAMA), 3 Metro FM […]

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Black South Africans unfit for Denel CEO Position? – BMF

The Black Management Forum (BMF) takes a hard-line on the appointment of Daniel Du Toit, Denel’s new CEO. In an interview with Transform SA Thabile Wonci BMF’s Managing Director explained how government should prioritise appointing black professionals. “It is clear to the BMF that government themselves are ignoring their own good advice to the country […]

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New Denel CEO proves lack of transformation – Limusa

Denel, South Africa’s state owned arms manufacturer faces hard-hitting criticism after appointing Group Chief Executive Officer Daniel du Toit. The appointment follows Zwelakhe Ntshepe’s resignation from the post after being at the helm for 20 years. The Liberated Metalworkers Union of South Africa (Limusa) rejected the appointment of Du Toit and said that Denel is […]

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Peggy-Sue becomes Standard Bank Wealth CEO

The BMF congratulated Peggy-Sue Khumalo the new CEO of Standard Bank SA’s Wealth Division 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 in South […]

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B-BBEE Commission calls for Government and Private Sector to increase number of women in boards

The report produced by the Broad-Based Black Economic Empowerment Commission (“B-BBEE Commission”) on the national status and trends on broad-based black economic transformation for 2017 calendar year shows that JSE listed companies have only 38% representation by black people on their boards, with males accounting for 20% while females stand at 18%. The report shows […]

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