With over 13 years of working in the Broad-Based Black Economic Empowerment (B-BBEE) space, Yuneal Padayachy, Chief Support Officer at The BEE Chamber, has witnessed an evolving landscape of transformation. From verifying compliance to fostering inclusivity, his path has taken Read the full story
Owning a fleet of taxis was the epitome of success for aspiring black entrepreneurs in the 80s and pre-94. The taxis industry grew at an alarming rate, much to the chagrin of white-controlled public transport. Invariably, we could see that Read the full story
While Jabu Mabuza’s untimely and profound loss leaves our hearts sore and heavy, infinitely seeking answers, there is no question that his was a life so beautifully lived. With a trademark fedora hat glued to his head, immaculately trimmed grey Read the full story
While the corporate world is eager to flaunt its BEE compliance credentials through excellent scorecards, it seems that does not reflect a true picture of progress made on the ground in the economic transformation of the country. This is highlighted Read the full story
The record increase in business closures negates the gains that have been made in the transformation of the country’s economy. This is based on recent data from StatsSA which indicates that 49% more businesses have been liquidated from March 2020 Read the full story
By Dumisani Mpafa “A businessman, who earned a few hundred Rands a week, was a millionaire without knowing it as his employers allegedly used him as a “front” to win multi-million-rand government contracts”, screamed a headline in the Daily Dispatch Read the full story
Many of South Africa’s first generation of black economic empowerment (BEE) transactions have matured, producing a second wave of black-owned and operated businesses. A significant number of these companies have the capital, management expertise, insight and ability to transform the Read the full story
Bushveld Minerals Limited, the diversified mineral development company with a portfolio of vanadium, titanium, iron ore, tin and coal assets in Southern Africa, has completed the change in ownership of Vametco Holdings Black Economic Empowerment (BEE) partners. Further to the Read the full story
Whether President Jacob Zuma stays or goes in response to the public outcry over his firing of finance minister Pravin Gordhan is important for many issues, including the terms of any nuclear deal with Russia. However, it will have no Read the full story
Worx Group has concluded a corporate restructure that sees its empowerment rating improve to Level 2 while significantly enhancing its transformational plans, and is expected to have a profoundly positive influence on the company’s community in the years ahead. The Read the full story