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Hosken Consolidated Investments has for more than a year been battling the department of trade, industry & competition over R117m the department is withholding from a subsidiary-owned company amid allegations of misrepresentation of its broad-based black economic empowerment status. ....
iAfrica 6 days ago 4 min read Share with your network! There are still too few Black Executives occupying management positions in South African businesses, thwarting the realisation of impactful economic transformation in the country. This is despite investment in skills development and the growing Black ownership of companies, as highlighted in the findings of the inaugural Sanlam Gauge report on sectoral B-BBEE performance that was launched during the Sanlam Gauge Digital Conference on 6 May 2021. The Sanlam Gauge – presented in partnership with the Sunday Times Business Times – is the first report of its kind to deliver insights on how industries within South Africa are transforming. ....