Sandile Zungu is the new Black Business Council President

Pic-Zico The Black Business Council (BBC) held its elections late on Tuesday evening at PwC offices in Waterfall outside Johannesburg.  This followed a long closed-door discussion which delayed the process.  Zungu won the elections as the new President defeating his Read the full story

Black Business Council calls for support for middle class and SMMEs

On 01 June 2017, Fitch Ratings (Fitch) downgraded South Africa’s long-term foreign and local currency debt to ‘BB+’ from ‘BBB-‘ with a stable outlook, a non-investment grade rating. Sello Rasethaba, Chairman of the Black Business Council (BBC) notes that the Read the full story

BBC partners with DTI to promote black industrialist programme

The Black Business Council (BBC) is excited to have partnered with the Department of Trade and Industry (the dti) to advance Broad-based Black Economic Empowerment and to promote the Black Industrialists programme. These programmes are geared towards black business owners Read the full story

Preferential Procurement Regulations revised by Treasury

National Treasury has revised the Preferential Procurement Regulations, 2017, which were gazetted on 20 January 2017. According to the National Treasury, the regulations were initially promulgated in 2001 and revised in 2011, making this the second revision since the initial Read the full story

Transformation is the Casualty of Labour Broking in the Mining Sector

While the Congress of South African Trade Unions’ (Cosatu) has been campaigning for their outright ban; Cabinet has recommended that the Basic Conditions of Employment Amendment Bill and the Labour Relations Amendment Bill be amended repudiating the unions’ position. This Read the full story