Tag: BEE

President Zuma to host the Presidential BEE workshop
Breaking News Jacob Zuma News Headlines South Africa

President Zuma to host the Presidential BEE workshop

President Jacob Zuma is set to convene the Presidential Black Economic Empowerment Advisory Council (BEEAC) workshop which will focus on radical socio-economic transformation in Pretoria on Tuesday. “The workshop will, amongst others, address the systematic and structural implementation challenges of the Broad-Based Black Economic Empowerment Act and the proposed recommendations to realise government’s objectives on […]

The 2017 Mining Charter  “requires” 30% Black ownership
Breaking News Business Mining South Africa

The 2017 Mining Charter “requires” 30% Black ownership

The 2017 Mining Charter has increased the level of black ownership in mining companies from 26% to 30%. “Holders who have maintained a 30% black shareholding will not be required to restructure their shareholding,” Mineral Resources Minister Mosebenzi Zwane said. Addressing a media briefing in Pretoria on Thursday, Minister Zwane said the 30% ownership requirement […]