BEE News.co.za

R6bn injection for SA's sick manufacturing sector

Who it applies to and how to get the grant.

CAPE TOWN - On Tuesday, the Department of Trade and Industry (dti) launched its 13th incentive programme for business, this one aimed specifically at manufacturers.

]]> The sector is to get a R5.75bn injection over six years from the dti to help factories become more competitive in an increasingly difficult global economic environment.

Economic emancipation needed in second transition - Jacob Zuma

President says black population still lags behind in terms of ownership of productive assets

Address by His Excellency President Jacob Zuma, at the Soweto International Conference on Entrepreneurship and Small Business Development Conference, University of Johannesburg, Soweto Campus, May 15 2012

]]> The Vice-Chancellor and Principal of the University of Johannesburg,
Professor Ihron Rensburg;
The Executive Dean of the Faculty of Management,
Professor Daneel van Lill;
The Director of the Centre for Small Business Development, Dr. Thami Mazwai;
Esteemed guests and delegates;
Ladies and gentlemen;
Good morning to you all.

Volkswagen South Africa rewards its best suppliers

The best performing commodity suppliers to Volkswagen Group South Africa for 2011 were recently recognised at a Gala Banquet hosted by David Powels, Volkswagen Group South Africa Managing Director.

]]> The new Purchasing Head for Volkswagen Group South Africa, Herwin Baumgartner was also introduced to the suppliers during the event. In addition, the best Parts & Accessories and BBBEE suppliers for 2011 also received awards.

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Sentula BBBEE transaction to become effective

JOHANNESBURG (miningweekly.com) - JSE-listed Sentula Mining on Tuesday said that the conditions precedent to its broad based black economic empowerment (BBBEE) transaction had been fulfilled and that it would become effective on May 9.

]]> In March, the company concluded agreements with the Anglo American Khula Mining Fund Proprietary (AAKMF) in relation to the proposed transaction.

Morvest most empowered company in services sector

JSE-listed provider of business support services and ICT solutions, Morvest Business Group ("Morvest"), has been rated number five overall in this year's Financial Mail Top 100 most empowered listed companies survey, and number one in the services sector.

]]> The group scored well across the board, ranking at number six in the management pillar and number 14 on the empowerment equity pillar.

EOH announced as Microsoft Large Account Reseller

EOH joins the upper echelon of Microsoft partnerships by becoming an Enterprise Software Advisor, also known as a Large Account Reseller (LAR), one of only six companies in South Africa.

]]> "It is an incredible privilege for EOH and will act as an enabler to do more business as an end-to-end systems integrator in the Microsoft space," says Simon Peter, the Director of EOH Microsoft Licensing.

TUB/Jema deal brings new power solutions to Africa

South African electronic and electrical system manufacturer Thata uBeke Manufacturing (TUB) has entered into a technology, marketing, agency and after-sales agreement with leading Spanish power solutions company, Jema Energy, for the Africa region, Dataweek portal reports.

]]> TUB is ISO9001:2008 accredited and carries a Generic Broad Based Black Economic Empowerment (BBBEE) Level 6 Certificate with value added supplier status. TUB has traditionally focused its attention in the military, automotive, industrial and mining sectors.

SA's collapsing municipalities - TAU SA

Farmer's union says race is still being prioritised over expertise in key appointments

THE ELEPHANT IN THE ROOM - SOUTH AFRICA 'S MUNICIPAL COLLAPSE

]]> Since 1994, the South African public has experienced changing emotions over the performance of the ANC , particularly in the municipal sector. After the initial euphoria - or the perceived euphoria because many knew what was to come - came the acceptance that, well, maybe they needed some experience in running a local council.

BBBEE verification services offering launched

Audit and business advisory firm Grant Thornton has launched a nationwide broad-based black economic-empowerment (BBBEE) verification services offering division.

]]> The new business offering will assist businesses in navigating current and future BBBEE legislation, including the proposed changes to the codes of good practice, which are becoming increasingly complex for businesses.

BBBEE must be made to work - Lindiwe Mazibuko

DA PL says countering effects of apartheid is a daunting challenge

Building a new generation of young entrepreneurs

]]> Note : This is an extract of the speech that will be delivered by DA Parliamentary Leader, Lindiwe Mazibuko MP at the University of Cape Town Graduate School of Business as part of their Distinguished Speaker's Programme, April 25 2012

Kgalema Motlanthe on the history of mining in SA

DP says more state involvement in industry warranted (Apr 17)

]]> Address by Deputy President Kgalema Motlanthe at the opening of the Ninth International Mining History Congress, Gold Reef City, Johannesburg, April 17 2012

Mining industry can do more for the people

Compiled by the Government Communication and Information System
Date: 18 Apr 2012
Title: Mining industry can do more for the people

]]> Pretoria - While South Africa's mining industry is one of the biggest contributors by value to Broad Based Black Economic Empowerment (BBBEE), more still needs to be done in other areas such as skills development, community upliftment, improving housing and living conditions, beneficiation and ownership.

BBBEE commissioner to clamp down on fronting

The gazetted Broad-Based Black Economic Empowerment Amendment Bill would put in place strict measures to tackle fronting, Trade and Industry Minister Rob Davies said.

]]> "What we are doing is defining it much more closely in the bill so that there is a specific statutory offence of fronting," Davies said after a presidential BBBEE advisory meeting that reviewed the progress of the bill and the codes of good practice.

SACP supports action against fronting

The SACP has welcomed the Broad Based Black Economic Empowerment (BBBEE) Amendment Bill which would see the assigning of a commissioner to solely investigate incidents of fronting.

]]> "The SACP urges government to move with the necessary speed to finalise provisions in law that allows for fronting to be criminalised," said spokesman Malesela Maleka on Wednesday.

BBBEE Amendment Bill to be tabled in Parliament next month

The Broad-Based Black Economic Empowerment (BBBEE) Amendment Bill was expected to be tabled in Parliament in May, said Trade and Industry Minister Dr Rob Davies on Tuesday.

]]> However, a number of tweaks were still required to ensure that BEE would be implemented the way in which it was intended.