Archive | B-BBEE

Ethekwini proposes car repair incubation programme

Ethekwini Municipality is investigating the feasibility of establishing an Automotive Body Repair Incubation Programme which will assist previously disadvantaged auto repair shops with the necessary skills and equipment to become sustainable and competitive in the industry. The municipality says the purpose of this project will be to assist black body vehicle repairers by creating a […]

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Companies to appear in court over employment equity

The Department of Labour’s Inspection and Enforcement Services (IES) branch will be taking six companies to court for prosecution for failure to prepare employment equity plans. The companies failed, as per the provisions of s20 (1) of the Employment Equity Act (EEA), to prepare plans and reporting to the Director General on plans that do […]

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Limpopo businesses off to Mozambique to search for market

Two Limpopo companies will get an opportunity to showcase their products and services in Mozambique when they participate in the Maputo International Trade Fair, commonly known as FACIM which is taking place from 27 August-3 September 2017. The participation of Tawanda Water Initiative and Tlanggape Upholstery in FACIM has been made possible by the Department […]

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City does R13,6 billion worth of business with BBBEE compliant vendors

For the year ending June 2017, the City of Cape Town reported that more than 92,7% of its purchase orders were placed with BBBEE-compliant vendors. This is part of our commitment to redress through empowerment and economic inclusion. As part of our drive to create a city in which previously disadvantaged residents are afforded economic […]

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Toyota announces the creation of the Toyota Empowerment Trust

Toyota South Africa Motors (TSAM) on Tuesday announced the creation of the Toyota Empowerment Trust (TET) at its Toyota State of the Motor Industry event in Sandton, Johannesburg. The TET has been seeded with R42 million in start-up funding and will focus on supplier and enterprise development initiatives in the automotive industry. Initially, it will […]

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B-BBEE Commission initiates fronting and non-compliance investigations

The Broad-Based Black Economic Empowerment (B-BBEE) Commission has initiated investigations against specific entities for possible violation of the B-BBEE Act relating to the B-BBEE ownership structures and non-compliance with the Codes of Good Practice in respect of the verification process. All entities were notified, and if there are adverse findings against them, they will be […]

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Government to transform agricultural sector

Government is looking into transforming the agricultural sector so that it allows the entry of black people to participate meaningfully in the economy and the food production value chain. The agriculture sector has been identified as a key platform for both transformation and growth and job creation which could create one million jobs by 2030. […]

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Transformation can work for you

By Roxanne Da Mata Gonçalves, Director of Strata-G Labour Solutions, which partners with its clients to take care of every labour related facet of their businesses, from industrial relations and recruitment, to human resources, empowerment equity and payroll.   Many organisations are struggling to come to terms with transformation under the new Broad Based Black […]

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Land Bank and Pick n Pay partner to support emerging black agri-businesses

Land Bank and South African retail giant Pick n Pay today announced the signing of a memorandum of understanding (MoU) which will see both parties collaborate to support emerging black agri-businesses. In a first for Land Bank, the partnership represents a significant step toward fulfilling its mandate of growing the agricultural sector in an equitable […]

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Report reveals black people still largely excluded from property sector value chain

The latest Property Sector Market Size report by the Property Sector Charter Council research report shows that the sector in South Africa is estimated to be valued at R5.8-trillion. Within- the sector, fewer than 10% of Real Estate Investment Trusts (REITs) are black originated funds. According to the South African Institute for Black Property Owners […]

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