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black empowermentlatest news & developments
Deputy Minister of Planning, Monitoring and Evaluation Joel Mohai. Photo: Government of South Africa

Broad-based BEE is not optional, says deputy minister Joel Mohai

Officials said that while black empowerment faced implementation challenges, it remained central to government’s economic inclusion objectives

With its roots in the country’s post-apartheid era, broad-based BEE has been a flashpoint of debate, hailed by some as a vital tool for economic transformation and denounced by others as a flawed instrument of racial preference.

What various coalition scenarios could mean for broad-based BEE

As the political horse trading begins, the fate of the controversial policy is uncertain

Thebe Tourism Group
 (Photo Archive)

Thebe Tourism Group

Trailblazing in Transformation

Mining charter has not achieved aims, says minister

A review of the mining charter has revealed that targets set down for transformation have not been achieved, Minister Susan Shabangu said on Monday.

Cosatu slams ‘elitist’ BEE deals

Cosatu has condemned what it terms "elitist" black economic empowerment deals in the steel industry.

Microsoft launches R470m empowerment deal

Microsoft is to invest almost half-a-billion rand over the next seven years into the local software industry, the company said on Friday.

Solidarity: Black ownership on JSE rising sharply

BEE has led to a remarkable increase in black ownership on the JSE over the past 13 years, trade union Solidarity said on Wednesday.

Altech announces R1,5bn BEE deal

Technology group Altech on Monday announced a black economic empowerment (BEE) transaction valued at R1,5-billion.

IDC names bidders for Foskor BEE deal

The IDC on Wednesday announced the successful bidders for a 26% broad-based BEE stake in Foskor.

SABMiller announces R6bn BEE deal

SABMiller on Wednesday announced a proposed broad-based black economic empowerment (BEE) transaction worth about R6-billion.