Black economic empowerment
New law to tackle BEE 'fronting'

New law to tackle BEE 'fronting'

The recently gazetted Broad Based Black Economic Empowerment Amendment Bill will put in place strict measures to tackle "fronting" by companies, says Trade and Industry Minister Rob Davies.

BEE firm secures Transnet audit account

SizweNtsalubaGobodo has been appointed as the first homegrown, black-owned firm to handle one of the biggest audit contracts in South Africa - that of state transport and logistics giant Transnet.

Amended empowerment Bill gazetted

Trade and Industry Minister Rob Davies has gazetted the Broad-Based Black Economic Empowerment Amendment Bill, which aligns the various laws relating to black economic empowerment in South Africa, and makes offences such as "fronting" punishable by fines and prison sentences.

Communities to score from Amplats deal

Anglo American Platinum has announced a R3.5-billion empowerment deal that will see Lefa La Rona - a development trust for both mine host and labour-sending communities - acquiring a 2.3% stake in the company.

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Overview: black economic empowerment

What is BEE?

A moral initiative to redress the wrongs of the past – as well as a pragmatic strategy to realise South Africa's full economic potential.

Schwarze Wirtschaftsförderung Schwarze Wirtschaftsförderung
La promotion économique des noirs La promotion économique des noirs
Capacitação económica da maioria negra Capacitação económica da maioria negra
National Empowerment Fund

Boosting black entrepreneurs

The National Empowerment Fund, set up to provide capital for BEE transactions, has invested almost R700-million in black entrepreneurs.

Economic development in South Africa

Economic development

Jobs, skills, urban and rural regeneration, government-business partnerships.

New business development in South Africa

New business development

New markets, trends in small business - and opportunities in unexpected places.

Alive with Possibility Stories

Community builders,

social innovators, everyday heroes, trailblazers ... Across South Africa, individuals and organisations are building a country that's Alive with Possibility.

South African business update

Business update

South African finance and economy news.

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