The 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.
The 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, writesGet 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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.
Ramaphosa’s power plan is doomed to fail if BEE procurement requirements are not scrapped - South Africa TodayThe FF Plus requests President Cyril Ramaphosa and the Minister of Trade, Industry and Competition, Mr Ebrahim Patel, to abandon the specific regulations driving Black Economic Empowerment (BEE) to ensure that the most effective procurement policies and expertise are made available on merit to sustainably address the country’s power crisis. A lack of expert officials […]
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 »
Is SA moving towards real empowerment?No longer aimed at the huge enrichment of the connected few, BEE is on track for a much broader spread of wealth, with employee share schemes gaining increasing traction
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 »