Airports Company minorities sue to be bought out at fair value

Posted 05 January 2017

The Airports Company of SA (ACSA) went out of its way to attract private investors 20 years ago, promising privatisation and an Initial Public Offering for those who took the bait. Twenty years later, it's an entirely different story. Minorities say they are economic hostages to a company and its major shareholder (the government) that refuses to buy them out for what their shares are worth.

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How SA slept through the BEE revolution

Posted 07 December 2015

Black Economic Empowerment (BEE) has morphed into something more oppressive than even the original architects of affirmative action could have imagined. In this book, BEE: Helping or Hurting, author Anthea Jeffery dissects some of the crazy laws being shaped under the umbrella of BEE.

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Delays loom for implementation of BEE codes

Posted 22 January 2015

The Department of Trade and Industry is likely to miss the target for the implementation of new BEE Codes scheduled for May 2015. This could result in those companies with a turnover of more than R10 million becoming non-compliant when evaluated.

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Maximising your B-BEEE scorecard at the lowest possible cost - Part 1

Posted 06 May 2014

The revised Broad-Based Black Economic Empowerment (B-BEEE) codes represent both a threat and an opportunity for companies. In this article, the first in a series, Jako Liebenberg and Arnold Cornelissen show how it is possible to improve your B-BEEE rating at minimal cost.

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The A-Z of putting a BEE deal together

Posted 05 February 2014

Jako Liebenberg walks us through the steps of putting together a Black Economic Empowerment deal. Requirements in terms of BEE legislation have changed, and anyone planning a business deal going forward had better know the ABCs of BEE.

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New black empowerment requirements sow confusion in mining sector

Posted 27 November 2013

New black economic empowerment requirements are sowing confusion in the mining industry, with some companies being threatened with cancelled contracts due to non-compliance, says Jako Liebenberg.

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DA's endorsement of ANC racial policies is a betrayal of its heritage

Posted 11 November 2013

John Kane-Berman of the Institute of Race Relations says the Democratic Alliance has betrayed its heritage by signing on to the ANC's racial programme, which is both morally and economically indefensible. 

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New black empowerment codes could leave you trailing in the dust

Posted 05 November 2013

Recent changes to the Broad-Based Black Economic Empowerment Codes of Good Practice pose a major challenge to the way South African companies must conduct business. Jako Liebenberg explains how.

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Abandon black empowerment, says Ramphele

Posted 15 October 2013

Black economic empowerment has failed and should be abolished, says Agang leader Dr Mamphela Ramphele. It should be replaced by a vastly improved education system that prepares South Africa's young for entry to the economy.  

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The new black empowerment Codes explained

Posted 14 October 2013

Jako Liebenberg explains what the new black empowerment Codes mean for business. The recently held black empowerment summit highlighted a shift in emphasis from entrepreneurship to Broad-Based Black Economic Empowerment development in the industrial sector.

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We need to redesign BEE from top to bottom

Posted 08 October 2013

As Trade and Industry minister Rob Davies unveils the new-look Codes of Good Practice aimed at accelerting black economic empowerment (BEE), Mark Barnes argues that a complete overhaul of the system is required.  

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Black middle class has more than doubled in eight years - Zuma

Posted 06 October 2013

South Africa's black middle class has more than doubled over the last eight years, growing from 1.7 million South Africans in 2004 to an estimated 4.2 million in 2012, due in large measure to tranaformation measures introduced by the government, said President Jacob Zuma at the recent B-BBEE Summit in Midrand.

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Stop patronising black people

Posted 01 October 2013

Walter Williams says white progressives' attempts to help black people by way of quotas and special favours is only creating dependency on handouts, and we all know how that ends. 

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ANC has led business and Democratic Alliance up the garden path on racial preferencing

Posted 02 September 2013

John Kane-Berman of the Institute of Race Relations says the reiteration of failed race policies in the National Development Plan and the amended Broad Based Black Economic Empowerment (BBBEE) is nothing short of madness.

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Guilty of discrimination and proud of it

Posted 27 August 2013

When asked to attend diversity and sexual harassment training at the university where he has taught for more than 30 years, Walter Williams kindly disobliged. He has happily practised discrimination throughout his working life, commencing with the selection of a woman to marry.

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All you need to know about black economic empowerment

Posted 22 August 2013

Just when you thought you were getting on top of the ever-changing rules for black economic empowerment, the deck has been shuffled once again and new Codes of Good Practice have been published for comment. Jako Liebenberg explains what all this means. 

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Black empowerment bill fails Constitutional muster, says FW De Klerk Foundation

Posted 23 July 2013

The Broad-Based Black Economic Empowerment Act and the Amendment Bill fail Constitutional muster and should be scrapped in their entirety, according to a report by the FW De Klerk Foundation for Constitutional Rights.

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