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financial sector charterlatest news & developments
The ANC, heads to this weekend’s policy conference more concerned with pushing back on attempts to improve governance than finding solutions to the many structural fault lines that have been so crudely exposed by our economic deterioration. (Waldo Swiegers/Bloomberg via Getty Images)

ANC lacks the political will to push economic transformation

Ramaphosa’s long delays in appointing the new BEE Advisory Council shows he has little interest in allowing others to cash in on the BEE deals that earned him his fortune

What empowerment? Minister of Mineral Resources Gwede Mantashe argues transformation of the mining sector has been ineffective. Although the majority of mineworkers (above) are black people, this is not reflected in mine ownership. (Madelene Cronjé)

Once empowered, always empowered: Does the mining charter judgment rule out transformation?

Given the slow pace of change in mining and other sectors, some analysts have raised concerns that the ruling will cause empowerment efforts to unravel

A ‘patchy’ report card

Lynley Donnelly assesses the financial sector’s delivery in relation to the charter.

The great ownership debate

The financial sector faces a legal quandary, writes Maya Fisher-French.

‘There is a need to raise financial awareness’

Lerato Mametse, deputy chief executive of the Life Offices’ Association, talks about the progress of the LOA in terms of the financial sector charter.

‘Rural banks needed’

Jan Mahlangu, retirement funds coordinator for Cosatu, speaks to us about the Financial Sector Charter.

Simpler, better, plaster

The Financial Sector Charter is turning banks into developers, writes Maya Fisher-French.

Bringing about innovation

The Financial Sector Charter, like the Competition Commissions bank charges enquiry, has pushed a reluctant industry into thinking out of the box.

Will Nedbank go back to market?

Nedbank is one of the few financial institutions that meets the ownership targets of the Department of Trade and Industry’s BEE codes.

Banks ‘sabotaging’ Financial Sector Charter

Banks are sabotaging the over broad-based black economic empowerment standards, the charter council says.

Cosatu condemns bank ‘boycott’

Cosatu has condemned what it termed ”the walkout” by financial institutions from a meeting to gazette the Financial Sector Charter.