A paucity of funding, cumbersome debt burdens and an overall fretting about dealmaking in a fragile economic cycle are contributing to sluggish empowerment investing.
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.
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 »
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 »
10 BEE contenders to watchTwo of them are unlisted, but Thebe almost certainly soon will be and investors can buy Sabvest shares for an indirect stake in Masimong.
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 »
Nolwandle Mthombeni | To BEE or not to BEE: That shouldn't be the question | Fin24The ugly truth is that there are no real consequences for those lagging behind in transformation. Companies can have a poor B-BBEE rating and still thrive, writes Nolwandle Mthombeni.
Read more »