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Mass employment plan and down with crime & corruption: goals for tourism minister


02 June 2021 - 14:31
Our economy will only experience sustainable and inclusive growth if, in its quest to grow the economy and pursue more profit, it draws on the entrepreneurial spirit that exists in South Africans of all races, says tourism minister Mmamoloko Kubayi-Ngubane. File photo.
Image: GCIS/JAIRUS MMUTLE
Tourism minister Mmamoloko Kubayi-Ngubane has reiterated her department’s stance to defend the Tourism Equity Fund (TEF), which is at the centre of a court challenge brought by lobby groups Solidarity and AfriForum.
“For our part as the department of tourism, we have announced our intention to defend the Tourism Equity Fund against AfriForum and Solidarity, who have brought a court application challenging the legality and rationality of using 51% black ownership/managed qualification criteria for the fund and saying it’s unconstitutional,” said Kubayi-Ngubane at the Black Business Summit held in Johannesburg on Wednesday. ....

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Outdoor Network: Driving a Proudly South African agenda in an untransformed billboard industry


L-R: Shamy Naidu, executive director; Thulani Dumakude, group head rights and development and Mzi Deliwe, deputy CEO]
In September it will be five years since Provantage Media Group and Outdoor Network announced the merger of their respective out of home media operations, making the coming months a good time to reflect on the journey that ON has taken with PMG and how it has impacted transformation within the South African OOH sector.
At the time of that significant transaction in 2016, the balance of the shares in Outdoor Network were held by Sanlam Private Equity, but the final piece in the jigsaw fell into place in February 2020 when Provantage Media Group concluded a buy-out of Sanlam Private Equity’s minority shareholding. ....

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Still Too Few Black Executives In SA, Sectors Not Doing Enough – 2021 Sanlam Gauge Report


iAfrica
6 days ago
4 min read
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There are still too few Black Executives occupying management positions in South African businesses, thwarting the realisation of impactful economic transformation in the country. This is despite investment in skills development and the growing Black ownership of companies, as highlighted in the findings of the inaugural 
Sanlam Gauge report on sectoral B-BBEE performance that was launched during the 
Sanlam Gauge Digital Conference on 6 May 2021.
The 
Sanlam Gauge – presented in partnership with the 
Sunday Times Business Times – is the first report of its kind to deliver insights on how industries within South Africa are transforming. ....

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Green Enterprise and Weedmaps Announce Information, Education & Empowerment Summit


Press release content from Business Wire. The AP news staff was not involved in its creation.
Green Enterprise and Weedmaps Announce Information, Education & Empowerment Summit
February 18, 2021 GMT
IRVINE, Calif. (BUSINESS WIRE) Feb 18, 2021
Green Enterprise, produced and operated by Digital Venture Partners and Black Enterprise, along with Weedmaps, the leading online tech platform for cannabis businesses and consumers, announced today its first
Information, Education & Empowerment Summit. The two-day virtual event will bring together entrepreneurs, politicians and thought leaders to discuss the challenges facing BIPOC in the emerging cannabis industry and pathways to success.
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The event will take place February 22-23 and feature a combination of panel discussions covering a wide range of topics, from entrepreneurship to cannabis marketing to building an inclusive industry. ....

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