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June 18, 2010
Statement: Deputy President Kgalema Motlanthe on BEE
DEPUTY PRESIDENT REAFFIRMS GOVERNMENTS' COMMITMENT TO FACILITATING ECONOMIC GROWTH
At least 1% of business in the metals and engineering industry is black owned and there is a disturbing trend in terms of demographics in both board memberships responsible for critical decision making and the management levels. This paints a less than rosy picture of Broad Based Black Economic Empowerment (BBBEE) in this industry.
Posted by StaffWriter at June 18, 2010 7:39 AM