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THE
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DAILY NEWS


COMPLIANCE CHALLENGES HINDER AFRICAN SMMES FROM ACCESSING GREEN CAPITAL
Ashley Lechman | 20 November 2025 As the global community intensifies its focus on sustainable finance and inclusive growth, small and medium enterprises (SMMEs) in South Africa find themselves struggling to emerge from the shadows of inadequate compliance structures. With the G20 Summit on the horizon, the spotlight is on the need for effective governance that can facilitate access to green and impact investment capital, a crucial lifeline for SMMEs aiming to thrive in an in
BEE NEWS
Nov 21, 20253 min read


SOUTH AFRICA’S ECONOMY COULD BE R4.5 TRILLION LARGER
Staff Writer | 18 November 2025 Investec chief executive Fani Titi says it is time for South Africa to prioritise contribution over compliance and productivity over patronage. He added that the country’s moral and social commitment to empowerment must remain as steadfast as ever. However, the mechanism should change to reward those who build, teach, employ and create, and to measure what matters. Titi argued that if empowerment focuses on pragmatism instead of ideology, it wo
BEE NEWS
Nov 19, 20253 min read


ABSA, HEINEKEN LAUNCH MAJOR R1.2BN FUND FOR BLACK-OWNED SMES
Bizcommunity | 18 November 2025 Absa and Heineken Beverages have announced a joint R1.2bn funding initiative aimed at transforming the landscape for Black-owned small and medium-sized enterprises (SMEs) in South Africa. The programme seeks to strengthen access to capital, governance support, and scalable business growth, addressing the challenges facing SMEs in a difficult economic climate. The SME sector contributes approximately 34% to South Africa’s GDP and provides 60% of
BEE NEWS
Nov 19, 20252 min read


WINDS OF CHANGE SURROUNDING BEE IN SOUTH AFRICA
Staff Writer | 19 November 2025 Political and economic expert Dr Frans Cronje says the black economic empowerment experiment has failed and that it is time for South Africa to move on. Cronje shared his views about South Africa’s economic policies during a discussion with Mike Sham on the State of the Nation podcast . He said that, although South Africa is on a good economic trajectory, there are a handful of policies that are hampering growth. “South Africa’s economy is grow
BEE NEWS
Nov 19, 20253 min read


ESKOM RESPONDS TO QUESTIONS ABOUT EXCLUDING WHITE MALES FROM SENIOR MANAGEMENT SHORTLIST
Jan Vermeulen | 13 November 2025 Eskom has denied that it excludes any race or gender in its recruitment process, despite fighting in the Labour Appeal Court to be allowed to reject white male applicants from being shortlisted for an appointment. The state-owned power utility recently won its appeal against a Labour Court decision, which found that Eskom’s practice of not shortlisting white males for an advertised post was unlawful. The matter dates back to 2017, when Eskom a
BEE NEWS
Nov 13, 20255 min read


ANC SLAMS DA’S PLAN TO SCRAP BEE AS ‘ROLLBACK OF 300 YEARS OF STRUGGLE’
Seth Thorne | 12 November 2025 The African National Congress (ANC) has hit back at co-governing partner the Democratic Alliance’s (DA’s) proposal to replace Broad-Based Black Economic Empowerment (BB-BEE). In a statement on 11 November, the ANC called it an attempt by the second largest party “to undermine the gains of our struggle, an attempt aimed at rolling back over 300 years of subjugation of our people.” Yet, the Deputy President said that they are open to a review, wit
BEE NEWS
Nov 13, 20253 min read


DRIVING INCLUSION AND CHANGING PERCEPTIONS IN THE TYRE SECTOR
Vishal Premlall | 10 November 2025 Driving inclusion and changing perceptions in the tyre sector. As South Africa marks Disability Awareness Month the Tyre, Equipment, Parts Association (TEPA), is proud to highlight how one of its members is putting inclusion into practice - not just through words, but through action. At Super Tyres, inclusion is more than a policy - it’s a purpose. The company currently employs two people living with disabilities and hosts five learners wi
BEE NEWS
Nov 11, 20253 min read


CANAL WALK PARTNERS WITH U-TURN TO COMBAT HOMELESSNESS AT NEW THRIFT SHOP
LnT Desk | 10 November 2025 Canal Walk has opened its doors to U-turn Homeless Ministries, providing a permanent retail space at Shop 177 on the Lower Level to house the charity’s new thrift shop. This partnership marks a significant expansion of the shopping centre’s social responsibility programme and represents a tangible commitment to addressing homelessness in the Western Cape. A partnership with purpose The collaboration builds on an existing relationship where U-turn’
BEE NEWS
Nov 11, 20253 min read


NEW KING V CODE TAKES THE THRONE: WHAT TO EXPECT
Bizcommunity | 3 November 2025 King V, the latest version of the King Codes on Corporate Governance, was released on 31 October 2025. Replacing the King IV in its entirety, the King V will take effect for financial years starting on or after 1 January 2026, although earlier adoption is recommended. The review comes three decades after the first King Report was introduced (in 1994) to promote corporate accountability and ethical leadership in the new democratic South Africa. N
BEE NEWS
Nov 4, 20253 min read


EXXARO COMPLETES SALE OF ITS FERROALLOYS BUSINESS TO BBBEE CONSORTIUM
Darren Parker | 3 November 2025 Coal miner Exxaro Resources has announced the successful completion of the sale of its entire shareholding in Exxaro FerroAlloys to a consortium made up of FerroAlloys employees, FerroAlloys management and EverSeed Energy – through its wholly owned subsidiary EverSeed Metal Powders – for R250-million. “This divestiture marks another strategic milestone in Exxaro’s journey as we accelerate the delivery of our strategy, focusing on our strong coa
BEE NEWS
Nov 4, 20252 min read


SKILLS DEVELOPMENT, ANTI-FRAGILITY KEY TO THRIVING AMID DISRUPTION
Nicola Mawson | 31 October 2025 With youth unemployment above 60 percent, IT leaders stress the urgent need for strategic skills development, mentorship programmes and anti-fragile organisational thinking. South African organisations must adopt more strategic approaches to skills development and embrace anti-fragility to navigate an era of rapid technological change and economic uncertainty, industry leaders said during a session at the recent IT Indaba. With youth unemployme
BEE NEWS
Nov 4, 20253 min read


NEF COMMITS R51M TO DRIVE TRANSFORMATION IN THE LEGAL SECTOR
Darren Parker | 29 October 2025 The National Empowerment Fund (NEF), an agency of the Department of Trade, Industry and Competition (dtic), has announced a combined funding commitment of R51-million to advance transformation in South Africa’s legal and professional services sectors. The announcement was made by NEF CEO Mziwabantu Dayimani at the Legal Sector Codes Summit, in Sandton, on October 23. The summit was conceptualised by the NEF and convened in partnership with the
BEE NEWS
Oct 30, 20253 min read


COMMUNICATIONS COMMITTEE SLAMS SLOW PACE OF TRANSFORMATION AND POOR B-BBEE COMPLIANCE IN ICT SECTOR
Justice Molafo | 29 October 2025 The Portfolio Committee on Communications and Digital Technologies has raised serious concerns about the slow pace of transformation and weak progress in broad-based black economic empowerment (B-BBEE) across the information and communications technology (ICT) sector. This follows a briefing the committee received on Tuesday from the B-BBEE ICT Sector Council, which painted a troubling picture of discretionary compliance and limited enforcemen
BEE NEWS
Oct 29, 20252 min read


ZILLE: POOR BLACK PEOPLE ARE BETTER OFF IN DA-GOVERNED AREA
Lunga Mzangwe | 28 October 2025 The Democratic Alliance (DA) federal chair, Helen Zille, on Tuesday, argued that black people receive the best service delivery where the DA governs. “They get the best opportunities, best public access through transport and various other things. It is far better for a poor person to end up in DA administration because they can get on the ladder of getting out of poverty,” Zille said. “That is why the DA policies benefit the vast majority of p
BEE NEWS
Oct 29, 20252 min read


ANC'S MBALULA LIKENS US CALLS FOR SA TO ABANDON TRANSFORMATION POLICIES TO 'ASKING US TO CLOSE SHOP'
Nokukhanya Mntambo | 27 October 2025 Fikile Mbalula said it would not sell out on its longstanding transformation agenda to appease US President Donald Trump’s administration. African National Congress (ANC) Secretary-General Fikile Mbalula has likened calls by the US for South Africa to abandon its transformation policies as closing shop. Mbalula made wide-reaching comments on geopolitical tensions, diplomatic ties and domestic politics at a party branch general meeting in L
BEE NEWS
Oct 29, 20252 min read


B-BBEE POLICY IS A CRITICAL POLICY OF GOVERNMENT
Government Communications | 21 October Government reaffirms that Broad-Based Black Economic Empowerment (B-BBEE) remains a key policy instrument of the State. The policy remains central to South Africa’s economic transformation and forms part of South Africa’s long-term strategy to redress historic injustices, broaden economic participation, and build a truly inclusive economy. The B-BBEE Act followed all the prescribed requirements from the drafting by the Department of Trad
BEE NEWS
Oct 23, 20252 min read


MERSETA CEO FOUND GUILTY OF CAUSING ENTITY TO INCUR OVER R1.2BN IN IRREGULAR EXPENDITURE
Mpho Sibanyoni | 20th October 2025 An internal disciplinary hearing has found Gregory Wayne Adams, the chief executive of a government-owned sector education and training authority (Seta), guilty in relation to more than R1.2-billion in irregular expenditure. The verdict, delivered on Tuesday, comes after a marathon disciplinary process, which started when the Manufacturing, Engineering and Related Services Sector Education and Training Authority (merSeta) suspended Adams in
BEE NEWS
Oct 23, 20252 min read


DA PROPOSES ECONOMIC EMPOWERMENT BILL THAT REMOVES RACE AS DETERMINING FACTOR
Thabiso Goba | 20 October 2025 The bill is the party’s proposed policy to replace Broad-Based Black Economic Empowerment. The Democratic Alliance (DA) has proposed an economic empowerment bill that removes race as a determining factor, replacing it with a needs-based approach. The bill is the party’s proposed policy to replace Broad-Based Black Economic Empowerment (BBBEE). At a media briefing in Johannesburg on Monday, the party said BBBEE has only benefited a few politicall
BEE NEWS
Oct 23, 20252 min read


YOUNG PROFESSIONALS ARE REWRITING CAREER PATHS
IT-Online | 20 October 2025 The once coveted corner office is losing its shine for many young South African professionals. A growing number of professionals under 35 are choosing flexible contracts and freelance opportunities over traditional corporate careers. Jessica Tandy, Bizmod cofounder and director, says that this is a shift rooted not in rebellion, but a new kind of realism. “The current socio-economic landscape is driving this transformation. With youth unemployment
BEE NEWS
Oct 21, 20252 min read


ENGINEERING JOINT VENTURE BRINGS NATIONAL SKILLS DEVELOPMENT STRATEGY TO LIFE
CBN | 20 October 2025 Engineering joint venture brings national skills development strategy to life. THROUGH the GIBB and Knight Piésold Joint Venture (GKP JV), appointed for the water conveyance infrastructure component of Phase 1 of the uMkhomazi Water Project (uMWP-1), the two firms have joined forces to ensure young candidate engineers, geologists, and environmental scientists gain the mentorship and experience required for professional registration in their fields. The i
BEE NEWS
Oct 21, 20252 min read
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