Archive | B-BBEE

B-BBEE Commission to host annual conference on improving state procurement

State procurement will come under the spotlight at the Broad-Based Black Economic Empowerment (B-BBEE) Commission’s annual conference that will take place at the Gallagher Convention Centre in Midrand on Tuesday, 15 March 2018. The theme of the conference, Improving State Procurement for Real Empowerment, aimed at finding effective ways in which the state can make […]

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Posted in B-BBEE, Government0 Comments

The BMF congratulates Fani Titi on Investec CEO appointment

The Black Management Forum (the BMF) has congratulated Mr Fani Titi on his appointment as a joint Chief Executive Officer of Investec. The black lobby group said Titi was a competent business leader with proven business acumen which he has displayed over the years in his diverse and remarkable rise in corporate South Africa. Investec […]

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Posted in B-BBEE, Featured0 Comments

Land Bank partners with KfW Development Bank to grow local agricultural sector

The Land and Agricultural Development Bank (“Land Bank”) today announced the signing of a R900-million term loan facility secured through the German Development Bank, KfW. The facility is set to provide a much-needed boost to agricultural development in South Africa. In a first for KfW, the loan has been priced in local currency with favourable […]

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Posted in B-BBEE, Enterprise Development0 Comments

A South African place in the world, Cyril Ramaphosa in Davos

By Tshetlhe Litheko. The World Economic Forum in Davos each year is a meeting of global policy makers with business leaders, and with each conference I seek to understand South Africa’s place in the world. Since the Radical Economic Transformation (RET) has undertones of nationalism and the conference is more designed to check the pulse […]

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Posted in B-BBEE, Government0 Comments

Boksburg company scores a double at National Premier Business Awards

A Boksburg-based Gauteng company scored a double when it scooped two awards at the fifth edition of the South African Premier Business Awards. Winners were announced at the awards ceremony that was hosted by the Department of Trade and Industry (the dti) in partnership with Brand South Africa and Proudly South African at the Sandton […]

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Posted in Enterprise Development0 Comments

CESA focuses on effective ethical leadership – ‘Our FUTURE is NOW!’

Consulting Engineers South Africa’s (CESA) newly appointed President, Neresh Pather, presented his presidential message and theme for the year at a function held in Johannesburg this morning.   Pather’s focus for the year will be on Effective Ethical Leadership with the theme of ‘Our Future is Now!’  He stated that change can be effected if we […]

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Posted in B-BBEE, Government, Prefferential Procurement0 Comments

Sanral committed to transformation

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

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

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

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

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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