More than 25 years after the first big empowerment deals were done in SA, the collective value of black-controlled entities on the JSE is an underwhelming 3% of the bourse’s R17-trillion market cap. Unlisted BEE investment outfits seem less than enthused.
Is a fixation with maintaining black ownership inadvertently stifling efforts to broaden — and grow — empowerment participation on the JSE?
Sizwe Mncwango, for one, believes “true empowerment” on the bourse has either stalled or gone backwards in recent years — “with one of the main causes being a boom in the “tenderpreneurship quick-fix”...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the big BEE squeezeMore than 25 years after the first big empowerment deals were done in SA, the collective value of black-controlled entities on the JSE is an underwhelming 3% of the bourse’s R17-trillion market cap. While plans are afoot to turn things around, unlisted BEE investment outfits seem less than enthused
Read more »
Broad-based BEE requirements for legal sector tightened in draft codeAttorneys and firms stand to lose out on state contracts if they fail to adhere to code
Read more »
Inside the big BEE squeezeMore than 25 years after the first big empowerment deals were done in SA, the collective value of black-controlled entities on the JSE is an underwhelming 3% of the bourse’s R17-trillion market cap. While plans are afoot to turn things around, unlisted BEE investment outfits seem less than enthused
Read more »
Broad-based BEE requirements for legal sector tightened in draft codeAttorneys and firms stand to lose out on state contracts if they fail to adhere to code
Read more »
Russia's Gazprom slashes gas to EuropeRussia's Gazprom slashes gas to Europe Russia's major state-owned energy company Gazprom, tightened its gas squeeze on Europe via the Nord Stream pipeline to 33 cubic meters a day
Read more »
A 3-month Game ‘price lock’ ends soon. That means cheap cereal and tuna – if you are quick. | BusinessinsiderIn May – before food and general consumer inflation got steeper than anything South Africa has seen in well over a decade – retailer Game selected a basket of goods and promised to keep their prices stable for three months, no matter what.
Read more »