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  • 2019
  • November

Month: November 2019

(Image: Supplied)

DATACENTRIX MAINTAINS LEVEL 1 BBB-EE RATING

28 November 201928 November 2019 Dumisani Hlatswayo

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

B-BBEELeave a comment

FROM THE DESK OF THE PRESIDENT

25 November 201925 November 2019 Dumisani Hlatswayo

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

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RAMAPHOSA BEMOANS LACK OF TRANSFORMATION IN THE PRIVATE SECTOR

24 November 201924 November 2019 Dumisani Hlatswayo

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

B-BBEE, B-BBEE Act, FeaturedLeave a comment
(Image: Supplied)

WILL ECONOMIC TRANSFORMATION STILL BE HAMPERED BY FRONTING?

20 November 201920 November 2019 Dumisani Hlatswayo

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

B-BBEE, B-BBEE ActLeave a comment
(Image: Supplied)

INCOME EARNINGS IN SOUTH AFRICA REMAIN HEAVILY RACIALISED – STATS SA REPORT

18 November 2019 Dumisani Hlatswayo

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

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FAILURE TO PAY SUPPLIERS WITHIN 30 DAYS TO BE REGARDED FINANCIAL MISCONDUCT

15 November 201915 November 2019 Dumisani Hlatswayo

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

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(Image: Supplied)

AMAZON WEB SERVICES TO INJECT R365-MILLION TO SUPPORT BLACK-OWNED STARTUPS

12 November 201912 November 2019 Dumisani Hlatswayo

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

B-BBEE, Enterprise DevelopmentLeave a comment

YES AND DBSA TO PARTNER IN COMMUNITY HUB TO COMBAT UNEMPLOYMENT

10 November 201910 November 2019 Dumisani Hlatswayo

A partnership to further youth employment by bringing together innovation, infrastructure, 4IR thinking and a commitment to jobs for youth in township and peri-urban communities has just been announced between the Development Bank of Southern Africa (DBSA) and YES (the Read the full story

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5 TRANSFORMATIONAL LESSONS EVERY ORGANISATION CAN LEARN FROM THE SPRINGBOKS VICTORY

8 November 20198 November 2019 Dumisani Hlatswayo

By Bob Dilrajh (Accountability and Performance Mgmt Specialist) 70 000 people in the Yokohama Stadium, Japan, rose to their feet in rapturous applause as Siya Kolisi lifted the Webb Ellis trophy of the Rugby World Cup 2019 on Saturday, November Read the full story

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PRESIDENT CYRIL RAMAPHOSA LAUNCHES TSHWANE AUTOMOTIVE HUB IN PRETORIA

7 November 2019 Dumisani Hlatswayo

President Ramaphosa has launched Tshwane Automotive Hub on Tuesday, 05 November 2019. The Automotive Hub is an outcome of the SA investment conference held in October 2018 where the Automotive Industry pledged investment, transformation and localisation in fulfillment of commitments Read the full story

Enterprise Development, GovernmentLeave a comment

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