Tag: Broad-Based Black Economic Empowerment (B-BBEE)

The Independent Communications Authority of South Africa (ICASA) released the long-awaited Invitation-to-Apply (ITA) for both the international mobile telecommunications (IMT) spectrum, also known as high-demand spectrum, and the wireless open-access network (WOAN) on 2 October 2020.

Learnerships are the key to optimising employability. Unemployment is a massive challenge that has been exacerbated by the COVID-19 crisis. Predictions are that 35% of South Africans won’t have jobs by December. This only accounts for people who are actively looking for jobs. The number of unemployed who’ve given up looking for work is much higher.

An interview with Safiyya Patel, Partner, Webber Wentzel, and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing the Broad-Based Black Economic Empowerment (B-BBEE) Commission’s latest report on empowerment trends in 2019.

The Broad-Based Black Economic Empowerment (B-BBEE) Commission’s latest report on empowerment trends in 2019 shows an increase in black ownership, but this is not necessarily reflected in management control scores. The B-BBEE Commission has released the annual B-BBEE trends report for the 2019 calendar year.

In the run-up to International Women’s Day (8 March) it’s important to note that while half of the South African population and 45% of the employed workforce are female, only 20% of directors of JSE-listed companies are women. New report recommends voluntary target of 30% female board members.