Johannesburg - ANC secretary general Gwede Mantashe has said he has "serious grievances" with BEE focusing on shareholding rather helping beneficiaries gain a deeper understanding of business on Tuesday.
He was addressing analysts as part of the ANC's programme to speak to various sectors in South Africa.
Johannesburg - The Government is planning to amend BEE legislation to clamp down on fronting, which gives companies that misrepresent their empowerment credentials a competitive edge over their rivals when bidding for lucrative state tenders.
Cape Town - Government will reform labour policies and revisit broad-based black economic empowerment as part of its new push for job creation.
Johannesburg - Companies in the Western Cape face fines as high as 10% of turnover should they not comply with proposed labour equity laws drafted under the then labour department director general Jimmy Manyi, the SA Institute of Race Relations (SAIRR) said on Thursday.
Johannesburg - The controversial employment equity amendment bill was meant to fight white male domination in management positions and not to create tensions between black, coloured and Indian South Africans, the ANC said on Tuesday.
