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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. ....

United Kingdom , Business Chamber , Bt Communications Services South Africa , Economic Empowerment Commission , Sekunjalo Group , African Equity Empowerment Investments , Black Economic Empowerment Commission , Services South Africa , Economic Sanction , ஒன்றுபட்டது கிஂக்டம் , வணிக அறை , பொருளாதார அதிகாரம் தரகு , கருப்பு பொருளாதார அதிகாரம் தரகு , பொருளாதார அனுமதி ,

Rio Tinto faces loss of key bloc of black investors


Loni Prinsloo
The mining company Rio Tinto may lose a large bloc of black investors. 
The main investors in Blue Horison Investments, which holds 24% of Richards Bay Minerals, have told Rio they want to be permitted to sell a stake they value at R5.5 billion.
The black investors are frustrated by the suspension of dividends.
Rio Tinto s South African operation is facing the loss of a large bloc of black investors, a move that would leave it below the legal minimum for black ownership, two people familiar with the situation have said.
The main investors in Blue Horison Investments, which holds 24% of Rio-controlled titanium producer, Richards Bay Minerals, have told Rio they want to be permitted to sell a stake they value at R5.5 billion or have it bought out by RBM, the people said. ....

South Africa , Richards Bay , Kwazulu Natal , Bradley Reddy , Rio Tinto , Economic Empowerment Commission , Richards Bay Minerals , Blue Horison Investments , South African , Broad Based Black Economic Empowerment Commission , Zulti South , ரிச்சர்ட்ஸ் வளைகுடா , க்வஸூல்யூ நேட்டல் , ரியோ டின்டோ , பொருளாதார அதிகாரம் தரகு , ரிச்சர்ட்ஸ் வளைகுடா தாதுக்கள் , நீலம் ஹாரிசன் முதலீடுகள் , பரந்த அடிப்படையிலானது கருப்பு பொருளாதார அதிகாரம் தரகு ,

B-BBEE event focuses on skills development to bring more people into the economy


B-BBEE event focuses on skills development to bring more people into the economy
17 March 2021 6:26 PM
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The Broad-Based Black Economic Empowerment Commission (B-BBEE) hosted its annual conference.
This year s theme is Skills Development: What is at stake? . One of the focus areas of the conference was skills development.
B-BBEE Commissioner Zodwa Ntuli explains more.
We saw that it is an opportunity for us this year to focus on skills development particularly because it is a priority element of B-BBEE.
Zodwa Ntuli, B-BBEE Commissioner 
It measures the extent to which companies both in the private and public sector are developing their own employees and also individuals that are outside of their employment to give them skills that will enable them to participate in the economy. ....

Zodwa Ntuli , Skills Development , Economic Empowerment Commission , Broad Based Black Economic Empowerment Commission , திறன்கள் வளர்ச்சி , பொருளாதார அதிகாரம் தரகு , பரந்த அடிப்படையிலானது கருப்பு பொருளாதார அதிகாரம் தரகு ,