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SA's bank guarantee scheme is missing the opportunity to develop nascent entrepreneurs and industrialists

The recent uprising due to inequalities requires the dual logic economy where big businesses and SMEs cooperate. ....

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BBC call on BEE Commission to probe BT's conduct


BBC call on BEE Commission to probe BT’s conduct
By Philippa Larkin
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THE Black Business Chamber (BBC) said yesterday that it was dismayed by how British telecoms firm BT had treated its long-standing black economic empowerment partner (BEE), African Equity Empowerment Investments (AEEI) on unfounded media reports and called on the Black Economic Empowerment Commission to investigate the UK firm’s conduct.
“This decision goes against the spirit of BEE, especially considering that, according to media reports, AEEI has been a shareholder in BT since 2008, with a 30 percent shareholding in the multinational group.
“While the BBC acknowledges BT’s commitment to BEE, we are extremely disappointed that they have terminated their relationship with AEEI, which has an excellent track record of both business and empowerment success,” the organisation said. ....

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