broad-based black economic empowerment

With its R700-million, 10-year equity equivalent investment programme, IMB South Africa will work with the Department of Trade and Industry to build a research hub at Wits University, as well as foster enterprise development and grow deep skills in the country.

The Coega Development Corporation, which runs the industrial development zone in Nelson Mandela Bay, has met all its requirements and has a Level 1 broad-based black economic empowerment status. It is also a value adding supplier, which boosts its clients' scorecard.

The Coega Development Corporation, which runs the industrial development zone in Nelson Mandela Bay, has met all its requirements and has a Level 1 broad-based black economic empowerment status. It is also a value adding supplier, which boosts its clients' scorecard.

Policies that help create black industrialists in townships and rural areas need to be the focus of the newly appointed Black Economic Empowerment Council, President Jacob Zuma said at the council's inaugural session held at Tuynhuys in Cape Town on Tuesday.

The 13th annual Oliver Empowerment Awards recognises South African companies and business leaders making affirmative action policies work to create jobs, build the economy, and encourage a culture of entrepreneurship.

The transformation of South Africa's economy over the past two decades, from apartheid-era isolation to openness and growth, was the subject of a Twenty Year Review discussion hosted by Brand South Africa and the Department of Trade and Industry at Constitution Hill on Wednesday 23 April.

South Africa's policy of black economic empowerment is not simply a moral initiative to redress the wrongs of the past. It is a pragmatic growth strategy that aims to realise the country's full economic potential while helping to bring the black majority into the economic mainstream.

Government has approved a plan to recycle waste tyres and a company to handle the task.
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South African chemicals, explosives and property group AECI has unveiled a R1.2-billion black economic empowerment deal that will see a 11.5% stake in the company being held by an employee share trust and a community share trust.

An over-emphasis on diversity of ownership and senior management in the implementation of black economic empowerment was one of the key issues raised at a Black Economic Empowerment Advisory Council meeting chaired by President Jacob Zuma on Friday.