The Black Management Forum (BMF) has released a statement congratulating the Competition Commission(CC) following the publication of guidelines for the automotive aftermarkets. New vehicle owners are currently compelled to have in-warranty service, maintenance or repair work conducted only at approved Read the full story
The Broad-Based Black Economic Empowerment (B-BBEE) strategy was published in 2003 as a precursor to the B-BBEE Act 53 of 2003 with the aim of advancing economic transformation in South Africa. B-BBEE aims to ensure that South African citizens who Read the full story
One of South Africa’s largest black-empowered mining companies, Exxaro, will today finalise its transfer of the Arnot Mine to Arnot Opco, a company, that is owned by former employees, communities and Wescoal. This is a ground-breaking and first of its Read the full story
Companies in South Africa should prepare for the planned amendments to the Employment Equity Act (EEA) which promise a number of significant changes to the country’s employment equity laws. In July 2019, Labour minister Thulas Nxesi announced that, the amendment Read the full story
Surface mining industry body Aggregate and Sand Producers Association of South Africa (Aspasa) has called for further engagement with the Department of Mineral Resources and Energy (DMRE) following last year’s release of the Draft Review of Housing and Living Conditions Read the full story
Tshwane – In recognition of the need for partnership in addressing South Africa’s challenges regarding economic development, job creation and innovation, The Innovation Hub recently had the honour of hosting the Minister of Communications and Digital Technologies, Ms Stella Ndabeni-Abrahams. Read the full story
The Department of Trade and Industry (the dti) will be seeking to solidify South Africa’s status as prime exporter of fruit and vegetables as it showcases local products and services at the 28th Fruit Logistica trade show that will take Read the full story
Parliament – The Ad Hoc Committee to Initiate and Introduce Legislation Amending Section 25 of the Constitution today resolved to extend the deadline for written submission on the Draft Constitution Eighteenth Amendment Bill. Committee Chairperson, Dr Mathole Motshekga, said the committee Read the full story
In 2019, Deputy President David Mabuza announced that government was implementing several interventions to ensure that there was investment in the township economy. To date, the government has already revitalised 10 industrial parks in its first programme, with the next Read the full story
According to an article published by Bloomberg, Old Mutual’s Futuregrowth will increase black shareholding from the current 28%. Ultimately, this will boost the proportion of the R185bn fund manager owned by black South Africans. “We will also be taking pro-active Read the full story
