Broad Based BEE News

Posted by Transcend
Monday, 16 July 2012  |  Comments

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Mandela's South Africa, Mugabe's Zimbabwe
NewsDay
But South Africa still remains very rainbow with the economy in the hands of few whites. President Jacob Zuma acknowledged this during last week's ANC policy conference. The Black Economic Empowerment which is an economic lullaby for black South ...

ICT BEE charter: more work for fewer points
ITWeb
The ICT charter is in effect for longer than any other sectorial code, Transcend Corporate Advisors director Trevor Tshabangu points out.

Liquid fuels charter audit findings disappointing – Minister
Creamer Media's Engineering News
The department also aimed to analyse where elements of the current broad-based BEE codes of good practice could be incorporated into the LFC and where elements were lacking in both frameworks. While the frameworks held notable synergies, both had ...

Clarity on 'mature' BEE deals is needed
Moneyweb.co.za
JOHANNESBURG – Several black economic empowerment (BEE) equity focussed deals are nearing maturity, prompting some companies to seek clarity on whether or not they are required to top up current deals or embark on new ones. The major reason for ...

Infrastructure to boost empowerment: Zuma
Independent Online
This included the Broad-Based Black Economic Empowerment Amendment Bill, gazetted last year. “The Bill makes provisions for empowering the Special Investigating Unit to investigate all offences involving fronting or corruption committed by both the ...

State mulls crackdown on service provider payments
Business Day
The president also said the government was proposing stiff sanctions against companies fronting as black economic empowerment businesses. The sanctions are contained in the Broad-Based Black Economic Empowerment Amendment Bill, which makes ...

THE PRESIDENCY - REPUBLIC OF SOUTH AFRICA : Address by President J G ...
4-traders
By 2007, ANC government policies such as black economic empowerment and affirmative action had contributed to the growth of South Africa's black middle class to 2.6 million people. We are happy with this progress, and we are proud to have you in such ...

DA presents alternative economic policy in London
TheSouthAfrican
Proposals aimed at inclusive growth cover the following areas: financial incentives to enhance Broad-Based Black Economic Empowerment, legislative changes to make it easier for poor and low-income households to own their own homes and other assets ...

South Africa: Infrastructure programme to improve economy
7thSpace Interactive (press release)
Government is in the process of improving Black Economic Empowerment legislation. "We are in the process of improving the legislation, thanks to the feedback we get as well from the Presidential Black Economic Empowerment Advisory Council." ...

Politically connected BEE players losing status
BusinessLIVE
Black economic empowerment business leaders who succeeded in the past predominantly through political clout rather than entrepreneurial initiative are no longer regarded as iconic, according to a study of leaders released on Sunday by the Reputation ...

South Africa Amending Legislation On Black Empowerment
Bernama

... big businesses to be involved in the development and training of small businesses. The Broad-Based Black Economic Empowerment (B-BBEE) Amendment Bill aims to align the B-BBEE Act with other legislation impacting on black economic empowerment.

 

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