Page 2 - B Bbee News Today

The appointment of First RandCEO, Mary Vilakazi, has been widely welcomed as the first black woman to run the banking group. Significantly, it shows a carefully planned succession plan after joining the group in 2018 as COO to finally assume the CEO role six years later.

SPONSORED | Businesses that have invested in rural projects have reaped the rewards — it's time the rest of SA follows suit, says the winner of the 2022 Sunday Times Top 100 Companies' Lifetime Achiever Award

ActionSA will use its upcoming policy conference to draft an alternative to the government’s Broad-Based Black Economic Empowerment (B-BBEE) policies, which the party claims have failed to curb inequality, poverty, and unemployment.

This month we cast the spotlight on remarkable women in the automotive industry. In our third instalment, we feature trailblazers from Goodyear, BAIC, Honda and Jaguar Land Rover.

SA has one of the highest youth unemployment rates in the world. In the first quarter of 2023, the unemployment rate for people aged 25-34 was 39.1%, which means that for every 100 young people in this age group, only 61 are employed.

For its corporate social investment programmes that have uplifted and changed the lives of many in the Eastern Cape and SA, ISUZU Motors SA is this year’s Herald Nelson Mandela University Citizen of the Year in the business category.

Both upped ownership, according to the Sanlam Transformation Gauge report, but the absence of strategy in the former and skills retention in the latter pose problems

Tourism, one of the sectors crippled by the pandemic, has recorded an improvement in BEE, according to the Sanlam Transformation Gauge report.

Structural reforms are being frustrated by vested interests between politicians and 'street networks', writes Colin Coleman

“The transformation agenda has played midwife to the black middle class and employees who are receiving dividends from employee share schemes."