BEE News.co.za http://www.beenews.co.za/ The latest developments in Black Economic Empowerment in South Africa Copyright 2010 Wed, 01 Sep 2010 10:15:56 +0100 http://www.movabletype.org/?v=4.21-en http://blogs.law.harvard.edu/tech/rss B-BBEE imperatives at Switch The Switch Group, a multi-disciplinary brand consultancy, has been awarded a Level Two Broad-Based Black Economic Empowerment (B-BBEE) rating for the second consecutive year.

]]> http://www.beenews.co.za/archives/b-bbee_imperatives_at_switch_.php http://www.beenews.co.za/archives/b-bbee_imperatives_at_switch_.php Broad Based BEE Wed, 01 Sep 2010 10:15:56 +0100 Khula drums up support for SME development drive In a "well-represented" stakeholder meeting with business organisations on Wednesday, development finance institution (DFI) Khula Enterprise Finance managed to drum up further support for its plans to better serve small and microenterprises (SMEs) in South Africa.

]]> http://www.beenews.co.za/archives/khula_drums_up_support_for_sme_development_drive.php http://www.beenews.co.za/archives/khula_drums_up_support_for_sme_development_drive.php Financial Services Wed, 01 Sep 2010 10:03:37 +0100 BBBEE needs revision: Manuel PARLIAMENT - National Planning Commission Minister in the Presidency Trevor Manuel conceded on Tuesday that the broad-based black economic empowerment (BBBEE) policy needed to be revised.

]]> http://www.beenews.co.za/archives/bbbee_needs_revision_manuel.php http://www.beenews.co.za/archives/bbbee_needs_revision_manuel.php Broad Based BEE Tue, 31 Aug 2010 10:13:03 +0100 Transforming by numbers Professor Wiseman Nkuhlu, co-founder and chairman of investment company Pan-African Capital Holdings, became the first black South African to qualify as a chartered accountant (CA) in 1976. ]]> http://www.beenews.co.za/archives/transforming_by_numbers.php http://www.beenews.co.za/archives/transforming_by_numbers.php Charters Fri, 27 Aug 2010 10:08:27 +0100 Imperial's Outstanding Results And Strongest Balance Sheet In Recent Years Position The Group For Growth -          HEPS from continuing operations up 40% to 976 cps
-          Operating profit up 34% to R 3 288 million
-          Revenue 2% up to R 53 438 million
-          Cash Conversion Ratio 119%
-          Debt down from R10,2 bn to R8,3 bn; net debt:equity (excl. prefs) 39%
-          Final dividend 200 cents

]]> http://www.beenews.co.za/archives/imperials_outstanding_results_and_strongest_balance_sheet_in_recent_years_position_the_group_for_growth.php http://www.beenews.co.za/archives/imperials_outstanding_results_and_strongest_balance_sheet_in_recent_years_position_the_group_for_growth.php Broad Based BEE Wed, 25 Aug 2010 07:55:19 +0100 ADSL prices in South Africa: Why so high? South Africa's ADSL prices remain very high compared to global trends. What sits behind these high prices?

]]> http://www.beenews.co.za/archives/adsl_prices_in_south_africa_why_so_high.php http://www.beenews.co.za/archives/adsl_prices_in_south_africa_why_so_high.php ICT Sun, 22 Aug 2010 10:28:19 +0100 LaserCom boosts BBBEE scores Direct marketing, variable print and mail processing specialist LaserCom, a division of Bytes Technology Group, has been rated as a Level 2 (AAA) Contributor and Value-Adding Supplier according to the BB-BEE Codes of Good Practice by accredited verification agency Empowerdex. This is the second year running that the company has achieved the rating. ]]> http://www.beenews.co.za/archives/lasercom_boosts_bbbee_scores.php http://www.beenews.co.za/archives/lasercom_boosts_bbbee_scores.php Broad Based BEE Mon, 16 Aug 2010 11:53:09 +0100 Meet BBBEE targets or else: MEC Businesses that do not comply with Broad-Based Black Economic Empowerment (BBBEE) targets could soon find themselves falling foul of the law.

]]> http://www.beenews.co.za/archives/meet_bbbee_targets_or_else_mec.php http://www.beenews.co.za/archives/meet_bbbee_targets_or_else_mec.php Broad Based BEE Thu, 12 Aug 2010 09:06:20 +0100 AAD certified as BBBEE Level 5 contributor Arrow Altech Distribution (AAD), a member of the JSE listed Altech group of companies and NYSE listed electronics distribution giant, Arrow Electronics, was recently rated as a Broad-based Black Economic Empowerment (BBBEE) Level 5 contributor by the National Empowerment Rating Agency (NERA) under the Department of Trade and Industry's (DTI) BBBEE Code of Good Practice generic scorecard.

]]> http://www.beenews.co.za/archives/aad_certified_as_bbbee_level_5_contributor.php http://www.beenews.co.za/archives/aad_certified_as_bbbee_level_5_contributor.php Broad Based BEE Wed, 04 Aug 2010 13:22:07 +0100 ABVA ELECTS NEW BOARD

ABVA (the Association of BEE Verification Agencies) is pleased to announce the election of the new Board of Directors for the 2010-2011 period.  At the latest Annual General Meeting attended by the ABVA membership, three new members were elected and four members were re-elected to posts on the Board. The new ABVA board reflects the diversity of the organisation as well as the immense expertise in BEE and BEE verification found amongst the membership.

]]> http://www.beenews.co.za/archives/abva_elects_new_board.php http://www.beenews.co.za/archives/abva_elects_new_board.php Professional Services Tue, 03 Aug 2010 08:36:37 +0100 Groundbreaking BBBEE agreement puts ad agency behind township entrepreneurs Brand design agency The Red Quarter (TRQ) has entered into a pioneering shareholding agreement that sees a Section 21 company, The Mkhwanazi Academy for Christian Entrepreneurship (MACE), taking up a 20% stake in the agency.

]]> http://www.beenews.co.za/archives/groundbreaking_bbbee_agreement_puts_ad_agency_behind_township_entrepreneurs.php http://www.beenews.co.za/archives/groundbreaking_bbbee_agreement_puts_ad_agency_behind_township_entrepreneurs.php Marketing Mon, 02 Aug 2010 11:31:59 +0100 Santosh Kumar & Ishaan Saxena: Key take-aways from Fifa World Cup 2010 Although South Africa lost early in the World Cup it ultimately emerged a winner. Successfully hosting the event has boosted its international image and its credibility in bidding for the 2020 Olympics. The country that was once infamous for its racist regime and brutality, stands out today as a model for policies in the pursuit of social harmony, inclusive economic growth and efficient democratic governance.

]]> http://www.beenews.co.za/archives/santosh_kumar_ishaan_saxena_key_take-aways_from_fifa_world_cup_2010.php http://www.beenews.co.za/archives/santosh_kumar_ishaan_saxena_key_take-aways_from_fifa_world_cup_2010.php Sport Sun, 01 Aug 2010 07:32:05 +0100 More women in business makes good sense Women are still lagging behind their male counterparts in black economic empowerment (BEE) benefits, despite the advantages companies gain by having a woman in top management or as a shareholder.

]]> http://www.beenews.co.za/archives/more_women_in_business_makes_good_sense.php http://www.beenews.co.za/archives/more_women_in_business_makes_good_sense.php Broad Based BEE Fri, 30 Jul 2010 07:29:20 +0100 Empowerment Wins Business: Aligning B-BBEE and Bid Best Practice "Understanding B-BBEE regulations helps companies to win both government and corporate tenders," says Sandy Pullinger, chairperson of the Association of Proposal Management Professionals (APMP) South Africa. ]]> http://www.beenews.co.za/archives/empowerment_wins_business_aligning_b-bbee_and_bid_best_practice.php http://www.beenews.co.za/archives/empowerment_wins_business_aligning_b-bbee_and_bid_best_practice.php Conferences Thu, 29 Jul 2010 13:59:09 +0100 White males still dominate - Mpho Nkeli CEE acting chairperson calls for clampdown on minority overrepresentation in workplace

]]> http://www.beenews.co.za/archives/white_males_still_dominate_-_mpho_nkeli.php http://www.beenews.co.za/archives/white_males_still_dominate_-_mpho_nkeli.php Broad Based BEE Thu, 29 Jul 2010 10:02:03 +0100