50 JSE Securities companies not compliant with EE Act

A total of 50 JSE Securities-listed companies, including the JSE itself, have been found to be non-compliant with the Employment Equity (EE) Act. The Department of Labour Inspection and Enforcement Services (IES) branch is conducting Director-General Reviews to designated employers, Read the full story

Companies to appear in court over employment equity

The Department of Labour’s Inspection and Enforcement Services (IES) branch will be taking six companies to court for prosecution for failure to prepare employment equity plans. The companies failed, as per the provisions of s20 (1) of the Employment Equity Read the full story

KZN’s Operation Vula to boost small business, transform economy

The KwaZulu-Natal Provincial Government has launched a ground-breaking policy programme geared towards improving the participation of small businesses and small-scale farmers in the economy. “Operation Vula” and its subsidiary, known as the Radical Agrarian Socio-Economic Transformation (RASET), were launched by Read the full story

ABSIP concerned by Hadebe’s departure from ABSA

The Association of Black Securities and Investment Professionals (ABSIP) have noted with great concern the resignation of former Head of Client at ABSA’s Corporate and Investment Banking division, Mr Phakamani Hadebe. Following his resignation, ABSA announced changes in the leadership Read the full story

Employment Equity report rejected by the BMF

The Black Management Forum (the BMF) has voiced its disappointed at Corporate South Africa’s continued disregard for transformation. This stems from the Commission of Employment Equity report launch where the its Commissioner confirmed that the reason why transformation continues to Read the full story

Banks and government behind South Africa’s failure to transform its economy

South Africa suffers from high levels of poverty, racism and inequality. This can be entirely attributed to centuries of conflict between white settlers and indigenous Africans. This is according to Senior Lecturer at the Wits University’s Graduate School of Business Read the full story