Broad Based Black Economic Empowerment

Fortunately for me I came across the Star today and was greeted by a startling headline on the front page of the Business Report.  "BEE needs teeth if it is going to bite, state warned".  And I quote: The government must go back to the drawing board and find ways of giving BEE significant teeth, […]

Kim told me that the dti has published their explanation to the codes on their web site.  I have glanced through it and it seems as though they’ve explained a lot of the stuff that wasn’t clear in the published codes.  I surmise that EmpowerDex were asked to write this – amazing how they get

The word racism is cropping up everywhere.  Jimmy Manyi maintains that racism is behind the poor employment equity results.  And now Brian Molefe brings up the word again.  The story was reported in this morning’s Business Day and it goes like this.  Barloworld have appointed Dumisa Ntsebeza as their executive chairman.  This comes after Molefe

Trevor Manuel has made the press recently, I must be the last person to talk about it.  The original transcript is here.  He was interviewed by the Financial Times (of the FTSE fame).  The interview deals mostly with SA’s current economic climate and is geared toward a potential international investor. The press and other commentators

I can’t say that I am vaguely surprised that we are receiving notices about upcoming BEE conferences and seminars.  I love reading them, some of the conferences are hosted by people who helped in the drafting of the (still unpublished) 2006 codes of good practice.  Others fail to mention that the exempt micro enterprise threshold

Caird was invited to the Fidentia Top Empowerment Awards at the Xtreme Lifestyle Centre in Fourways (JHB).  It was a lavish affair – big sponsors, no expense spared.   There is a deep cynic in me when it comes to these events – my natural instinct is to ask what the level of empowerment in fact

It comes up time and time again.  I have seen certain corporates rate their suppliers in terms of BEE and non-BEE.  It must be sending out a really twisted message.  The press (even the financial press) is no better.  Business Day carried a special feature on energy and mining yesterday (8 Sept, 06).  An article

There have been a few articles in the business and other press suggesting that BEE is going to be put on hold or perhaps its lifespan will be shortened.  Typical headlines  – "BEE may lose out on 2010 contracts." (Sunday Times, Business Times 30 July, 2006); "No more special treatment for local companies tendering for