Forcing ISPs to have black owners is "legalised corruption"
New regulations in South Africa’s telecoms industry that force Internet Service Providers (ISPs) to have at least 30% black ownership will not work and are effectively a form of legalised corruption.
This is the view of one owner of a...
Kunene and McKenzie in R5-billion BEE deal – Report
The Sunday Times has reported that former convicts Kenny Kunene and Gayton McKenzie are linked to a R5-billion BEE deal involving Russian company Rosgeo.
New BEE regulations in South Africa “unworkable”
The Economist’s 2017 African business outlook survey states that South Africa’s latest set of broad-based black economic empowerment (B-BBEE) regulations are unworkable.
It is not BEE, it is a feeding scheme for the ANC
Finance minister Pravin Gordhan recently slammed claims by the Gupta family that he was masterminding a conspiracy to shut down its businesses in South Africa.
New BEE code for South Africa’s ICT industry launched – the details
Minister of Telecommunications and Postal Services Siyabonga Cwele has launched the Amended B-BBEE ICT Sector Code.
The BEE and speed requirements of South Africa’s R12-billion spectrum auction
ICASA has set numerous requirements and limitations on networks which want sought-after LTE spectrum.
Poor BEE partners suckered into investing in MTN: analyst
David Shapiro said he feels sorry for MTN’s BEE investors, who he said were “suckered” into investing in the company.
Hi
I need to get a bee affidavit for my company and i have got mixed opinions on how to get this
the new bee codes say that an EME needs only an affidavit signed by a commission of oaths.
Many websites say that an accountant or auditor can act as commission of oaths for bee affidavits, my...
Coloured people in the Western Cape are finding it difficult to be promoted within the correctional services department, it was reported on Thursday.
This was one of the issues which emerged in a Labour Court case on Wednesday, The Star reported
According to the newspaper, several...
My domestic worker bought a bunch of these a while back, from the post office. She got a receipt. I faxed this to somebody at MTN. I asked her the other day whether she had gotten a certificate or was getting statements or anything. She said she still had the receipt, but that she had had not...
Black Economic Empowerment (BEE) is the process by which previously disadvantaged South Africans are being empowered through the transfer of ownership, management and financial control of companies; the multi-level transference of skills and the widespread creation of jobs. Its purpose is to...