Tag: EconomicInclusion
Responsible entrepreneurship – is capital only the beginning?
In a tough economic environment where capital is scarce, we continue to back responsible entrepreneurs who build sustainable, high-impact businesses that create opportunity and resilience in South Africa. We have released our 2025 Impact Report. The report outlines the organisation's work in backing responsible entrepreneurs, supporting portfolio resilience and contributing to economic inclusion through a long-term investment model.
B-BBEE reality gap – intent versus lived outcomes
When you stand at the Johannesburg Stock Exchange (JSE) to discuss transformation, something clarifies. Not because the room is clever, although it often is. Instead, the building reflects the behaviour of markets. Capital gets priced there every day. Narratives do not move tickers; performance does. When performance disappoints, the market responds immediately. It marks you down and moves on.
A new chapter for B-BBEE with draft Gazette 54032
On Thursday, 29 January 2026, the Department of Trade, Industry and Competition (DTIC) took a fundamental step in South Africa’s Broad-Based Black Economic Empowerment (B-BBEE) transformation narrative by publishing Government Gazette Number 54032. This development marks a new chapter for B-BBEE and signals a shift in regulatory direction.
