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Broad-Based Black Economic Empowerment [B42–2012] » Printer-friendly version Bill 42 – Broad-Based Black Economic Empowerment Bill Version:  B42-2012 Effective Date:  27 Nov 2012 Document Attachment:  Broad-Based Black Economic Empowerment [B42–2012] via www.pmg.org.za It looks a little different to the draft we saw last year

South Africa has one of the worst unemployment and youth unemployment rates in the world, but it is the poor education of those between the ages of 18 and 24 that is most troubling. More than 70% of the about 3-million people in this group do not even have a Grade 12. Is it any

The consequence for multinationals is that they are unable to maintain a competitive BEE score. Multinational companies that generally import their products and services contribute a lot more to South Africa than just their products and services. Multinationals employ more than 200 000 South Africans. Disincentivising multinationals to continue to do business in South Africa

If the President is good at his job and ensures that textbooks are delivered on time and that houses are built and services delivered; if he does not enrich himself or turn a blind eye when his family members and cronies become corrupt; if he demonstrates respect for himself and for the people of South

BEE SED was never intended to displace corporate social responsibility/investment of companies, but its intention is to alleviate inherent social challenges confronted by a specific group of the society through no design of theirs as an add on to corporate social responsibility. Thus companies must continue to do their CSI in spite of the BEE

We call for change at the 53rd national conference of the ANC.  We need change because: South Africans do not have confidence in the leadership of President Zuma. We need a leadership that will lead the ANC towards quality and durable change, towards an ideal as set out in the Freedom Charter, which remains its

"I believe we can keep the promise of our founders, the idea that if you’re willing to work hard, it doesn’t matter who you are or where you come from or what you look like or where you love. It doesn’t matter whether you’re black or white or Hispanic or Asian or native American or

Addressing the New Age Business Briefing organized by the New Age newspaper group in Sandton, Johannesburg, on Monday, Davies said B-BBEE was an imperative from the point of view of equity and had a political dimension. "We cannot have an economy in which the people are allowed to vote in the political level but are

Davies was briefing the audience on changes to the codes of good practice for broad-based black economic empowerment (BBBEE). The first person wanted to know why there were no tax incentives for business to implement the policy. The second warned that BEE would discourage investment in South Africa. Thankfully, the rest of the questions were

Zuma’s first term as president has been a disaster. Watching the decline of our brave new SA during his three-and-a-half years at the helm has been heartbreaking. He has shown himself to be a flawed personality and an inept leader. On his watch, the ANC has sunk from being an iconic liberation movement admired the