One of the policies that aim to target inequality and stimulate economic growth is Broad-Based Black Economic Empowerment (B-BBEE) whose key objective is to promote economic participation and equitable wealth distribution. The main objective of B-BBEE is the inclusion of Read the full story
Promoting gender equality and strengthening women’s rights is essential for sustainable development. Recent studies conducted by the B-BBEE Commission for 2017 and 2018 show that black women still occupy less positions compared to males and white people on the boards Read the full story
As the year is winding down to an end, the reality of a wide range of issues is still facing us. Come 2020 no one will be safe from the pervasive grip of crime and South Africa will still have Read the full story
High-performing and secure ICT giant, Datacentrix, has maintained its level one broad-based black economic empowerment (B-BBEE) rating for three consecutive years. Datacentrix Chief Financial Officer, Elizabeth Naidoo, says the rating is a team effort across the business. “Datacentrix has held Read the full story
Dear Fellow South African, Last week, I met with the leadership of the Black Business Council where, among other things, we discussed issues of transformation. I took the opportunity to inform them about government’s commitment to transformation and non-racialism. Of Read the full story
President Cyril Ramaphosa has told the Black Business Council that transformation in the workplace must also be seen in the private sector. Speaking at a meeting with black business leaders at the Union Buildings in Pretoria, Ramaphosa said the private Read the full story
Early this year, former Minister of Trade and Industry, Dr Rob Davies said the more black people are able to exercise true business ownership powers, the more economic transformation will take hold in South Africa. IOL quoted the Minister as Read the full story
According to an Inequality Trends Report released by Stats SA, whites in South Africa still earn three times more than blacks on average. Blacks who account for 80-percent of the population – earn an average of R6,899 per month, while Read the full story
The Public Service Commission (PSC) has announced that it will continue to monitor departments closely on their compliance with the 30-day payment period with any “non-compliance viewed as financial misconduct”. This is in support of the President Ramaphosa’s call to Read the full story
Amazon Web Services (AWS) and South Africa’s Department of Trade and Industry (DTI) have signed an agreement that will see 100% black-owned small businesses in the IT sector getting support. The agreement signed on the sidelines of the SA Investment Read the full story