SA mines spat deepens: Charter process flawed, industry concerns dismissed.
The Chamber of Mines says the DMR chose this time to produce its own draft without properly engaging any stakeholder other than their receiving submissions.
Black Economic Empowerment
Is BEE #feesmustfall solution? Riaz Gardee says it can reduce fees by 66%
Riaz Gardee does the math and suggests the private sector should obtain BEE credits in exchange for university funding.
Mailbox: Will the real Cyril Ramaphosa please stand up.
James Ausa wonders why would Cyril Ramaphosa, a man worth over R6 billion, leave the private sector and re-renter the world of politics?
Riaz Gardee: MTN swaps ‘Zakhele’ for ‘Futhi’ – a disappointing BEE deal
Riaz Gardee looks at the proposed MTN Zakhele Futhi deal and says it is disappointing and the discount doesn’t warrant the required holding period.
Open Letter by Sekujalo’s ex-spindoctor tells world Survé simply marvellous
Last night, Independent Newspapers chairman Iqbal Survé sent Alec Hogg a link to something he clearly wanted published on Biznews. Have a read.
Pressly backs Jeffery: NHI follows in BEE’s slipstream – ‘It’s lunacy’
National Health Insurance (NHI) is drawing a raft of criticism and following Anthea Jeffery’s piece which outlined all that’s wrong with the policy white paper, Donwald Pressly joins the chorus.
Barclays Africa returning to nationalistic roots as Black SA control nears
The Public Investment Corporation is considering putting together a consortium of black investors to take a controlling stake in Barclays Africa.
PIC’s R25bn stake in Vodacom up for grabs – for Romeo, “selected” investors
The Public Investment Corporation is in talks with various black investors who are seeking to buy a stake in Vodacom.
Solidarity: Mining Charter ill-timed. Expect ‘devastating consequences’.
Trade union Solidarity believes the proposed new mining charter on BEE could mean devastating consequences for the ailing mining industry.
Anthea Jeffery: BEE doesn’t work, but EED would
Anthea Jeffery argues that after decades of damaging employment equity, BEE, it is time to call a halt and embrace a new system of ‘economic empowerment for the disadvantaged’.