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Dr Linda Meyer | 1 September 2024 SOUTH Africa stands at a critical juncture, of grappling with the persistent and deep-rooted challenge of youth unemployment. Outcries from unemployed youth, and numerous opposition parties on the effectiveness of government’s initiatives in addressing this scourge have become a regular feature playing out within the media space. Addressing this challenge, however, needs to move past being a mere numbers game but rather a holistic approach that focuses on education, work experience, and regional disparities, if the country is to have any hopes of gradually turning the tide. The numbers speak volumes. As of the second quarter of 2024, the unemployment rate among young South Africans aged 15 to 34 has soared to an alarming 46.1%, starkly overshadowing the national unemployment rate of 33.5%. Unemployed South Africans increased by 158,00, reaching 8.4 million, marking the highest unemployment figure since 2008. I think this data does not just reflect economic hardship; it highlights a looming social crisis that threatens the fabric of our society. The exclusion of our youth from the labour market is not merely a statistic but a pressing call to action. The approach to resolving youth unemployment must be innovative and grounded in empirical evidence. The Labour Market Dynamics in South Africa (LMDSA) report for 2022 provides a crucial insight that should guide our strategies. It reveals a significant disparity in employment outcomes between youth with work experience and those without. Notably, persons with a higher level of education stand a better chance of being employed. I want to emphasise that education remains a key driver in curbing youth unemployment, as according to the Quarterly Labour Force Survey (QLFS) for the 2nd Quarter of 2024 and StatsSA, most unemployed individuals had an education level below grade 12, while those who had finished their grade 12 year represented around 34%. Graduates had the lowest share of unemployment at 10,7%. The implications of this data are profound. It underscores the critical need for experiential learning, leadership, internships, apprenticeships, and workplace exposure programmes. These interventions are not just beneficial—they are essential. The reality is that youth with experience are much more likely to secure employment than their inexperienced peers, making it evident that such programmes must be at the core of our efforts to combat youth unemployment. Transformative power of education Education is frequently hailed as the great equaliser, yet the current state of youth employment starkly reveals the substantial barriers to accessing higher education. These challenges are exacerbated by the limited availability of first-year spaces at public universities and the government's restrictions on NSFAS grants, which are only available to students who secure admission to a public university or TVET College. This is problematic, students should receive a bursary and be afforded the opportunity to select where and what they want to study. As graduates, no matter where students studied, they contribute knowledge and skills to the South African economy. The data further reveals that individuals with tertiary education are significantly more successful in transitioning from unemployment or inactivity into employment than those without a matric certificate. This highlights the transformative power of education in shaping employment outcomes. However, it is crucial to acknowledge that young women face additional, often insurmountable, barriers. The unemployment rate among young women reached 50.1% in the second quarter of 2024, exacerbating already existing gender disparities within the labour market. These challenges are not isolated; they are systemic. Young women are hindered by lower absorption rates and labour force participation due to additional family responsibilities, which limit their educational attainment and career progression. Addressing these disparities requires policy intervention and a cultural shift that values and supports the role of women in the workforce. A tale of two South Africas South Africa’s provinces present a mosaic of labour market dynamics, each telling its own story. Urban areas, by and large, offer better employment prospects than their rural counterparts. For example, the Western Cape outperforms provinces like KwaZulu-Natal and the Eastern Cape with higher absorption rates and lower unemployment levels. A critical and often overlooked aspect of this issue is the phenomenon of discouraged youth — those who are available for work but are not actively seeking it. The variation across provinces is striking. In 2024, only 2.8% of young people in the Western Cape were categorised as discouraged, compared to 14.5% in Limpopo. This disparity speaks to the uneven distribution of opportunities across our country, a challenge that requires localised, rather than blanket, solutions. Over the past two decades, we have seen a decline in the proportion of discouraged youth in most provinces, with the Northern Cape showing the most significant reduction. However, this progress has not been uniform. Provinces like the Northwest and KwaZulu-Natal have witnessed increased discouraged youth, underscoring the need for tailored, region-specific strategies. A collaborative path forward The youth unemployment crisis in South Africa is not just an economic issue but a moral one. It demands a comprehensive, multi-faceted approach, including education reform, skills development initiatives, and targeted employment programmes. But beyond these strategies, we must foster a collaborative environment where the government, private sector, and civil society work together to create sustainable employment opportunities for our youth. Policies that promote entrepreneurship and small business development are vital. They empower young people to take control of their destinies, reducing their reliance on traditional employment avenues. Moreover, these policies can drive innovation and economic growth, contributing to a more resilient economy. Addressing youth unemployment is about more than just numbers as we move forward. It is about building a society that values and invests in its future — its youth. By focusing on education, work experience, and regional disparities, we can unlock the potential of South Africa's next generation, ensuring a more inclusive and prosperous future for all. * Dr Linda Meyer is the managing director of the Independent Institute of Education’s Rosebank College. The views expressed here are her own. ‘Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER’. https://www.iol.co.za/sundayindependent/analysis/youth-unemployment-sas-ongoing-crisis-and-the-path-forward-bb5001a7-8c88-411f-b94e-0e6aade10d22

Parliament | 29 August 2025 The Portfolio Committee on Women Youth and Persons With Disabilities received a briefing today from the National Youth Development Agency (NYDA) on its annual performance plan (APP) and budget for the 2024/25 financial year. The committee heard that for the 2024/25 financial year, the budget allocation for the Department for Women, Youth and Persons with Disabilities is R791.3 million. The budget includes a significant portion earmarked for youth development programmes, although it reflects a decrease from the previous year’s budget. The APP outlines specific targets, including support of youth-owned enterprises, job creation and the facilitation of skills development programmes. The committee praised the comprehensive presentation provided by the NYDA and commended their ongoing efforts to address the challenges facing South Africa’s young people. Throughout the discussions during the meeting, several important themes emerged. Firstly, there was consensus among committee members about the urgent need to address the high levels of youth unemployment. Many members highlighted the importance of aligning education systems with the demands of the job market. The committee believes entrepreneurial skills should be integrated into the school curriculum to better prepare young people for future employment opportunities. The committee had concerns about the accessibility of NYDA services, particularly in rural areas. Committee members said it is crucial for the agency to enhance outreach efforts to ensure that young people, especially those from marginalised communities, have access to vital information and resources that the NYDA has to offer. Members suggested exploring partnerships with local organisations and using mobile units to reach young people who may face transportation barriers. Regarding the NYDA’s budget, members of the committee noted discrepancies between the agency’s reported allocations and the figures obtained from the National Treasury. This discrepancy warrants closer scrutiny to ensure transparency and accountability in the use of resources. Furthermore, the committee recognised the significant reduction in funding for various programmes and indicated that it is eager to understand how the NYDA plans to sustain its initiatives under these financial constraints. The committee noted in the presentation that the upcoming financial year marks the last for additional funding of R250 million for the National Youth Service programme, which raises questions about the long-term sustainability of such initiatives. The committee also inquired about the effectiveness of the NYDA’s programmes, specifically regarding the distinction between job opportunities created and actual long-term employment. The committee indicated that it is keen to understand the sectors that have benefited most from these opportunities and the sustainability of the jobs created. Additionally, the issue of inclusivity for persons with disabilities within the NYDA’s programmes was highlighted. While the NYDA has made strides in developing a disability strategy, the committee encourages further efforts to ensure that programmes cater to the diverse needs of all young people, including those with disabilities. Finally, the committee expressed a desire for more detailed reporting on the performance of board members and the mechanisms in place for evaluating their contributions. It is essential that we hold ourselves accountable and ensure that our leadership remains effective in driving the NYDA’s mission forward. The committee’s Chairperson, Ms Lindelwa Dunjwa, said: “The committee is committed to supporting the NYDA in its mandate to empower young people across South Africa. We look forward to continued engagements that will enhance our collective efforts to address youth unemployment and promote socio-economic development,” she said. ISSUED BY THE PARLIAMENTARY COMMUNICATION SERVICES ON BEHALF OF THE CHAIRPERSON OF THE PORTFOLIO COMMITTEE ON WOMEN YOUTH AND PERSONS WITH DISABILITIES, MS LINDELWA DUNJWA.  For media inquiries or interviews with the Chairperson, please contact the committee’s Media Officer: Name: Yoliswa Landu (Ms) Cell: 081 4974694 E-mail: ylandu@parliament.gov.za ‘Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER’. https://www.parliament.gov.za/press-releases/media-statement-committee-youth-and-persons-disabilities-engages-nyda-its-annual-perfomance-plan

Eustace Mashimbye | 28 August 2024 As South Africans, we stand on the brink of significant economic change. The recent signing of the Public Procurement Act, 2024 (Act. No.24 of 2024) into law by President Cyril Ramaphosa is not just a legal milestone; it is a beacon of hope for our economy. The legislation, which reinstates crucial localisation efforts through mandatory local content requirements, comes at a time when South Africa desperately needs to boost job creation and sustain the livelihoods of millions. The Quarterly Labour Force Survey for Q2 2024, recently released by Statistics South Africa, paints a stark picture of our economic reality. With the unemployment rate standing at a staggering 33.5%, the implications are clear: our economy is in dire need of revitalisation. The youth unemployment rate is even more alarming – at 46.6% – highlighting the urgency of creating new job opportunities, especially for our young people who represent the future of this nation. One of the most effective ways to combat the challenges is by reinforcing the importance of buying local and seeing procurement decisions being made in favour of locally made products and services. Proudly South African has long advocated for this, and now, more than ever, our message must resonate across all sectors of society. The re-industrialisation drive embedded within the Public Procurement Bill offers a lifeline to our struggling industries, many of which have been severely impacted by the influx of imported goods. Before the court ruling on the Preferential Procurement Policy Framework Act, which questioned the constitutionality of previous preferential procurement regulations, we had seen meaningful progress in promoting local procurement. The initial designation of products and sectors for local procurement in the public sector had begun to bear fruit, with several industries showing signs of recovery and growth. However, the ruling introduced a level of uncertainty that allowed imported goods to reclaim significant market share, undermining our localisation efforts. The Public Procurement Act, with its firm localisation provisions, effectively restores the efforts and provides a framework for sustained economic growth. It mandates that all organs of the state must prioritise locally produced goods in their procurement processes when procuring designated items. This is not just a win for our industries; it is a win for every South African. When the government buys local, it sustains jobs and creates new ones, contributing to reducing the high unemployment rate. Consider this: if every government department, every state-owned enterprise and every municipality committed to buying locally, the ripple effect on our economy would be immense, as the cumulative spend by the public sector just on the previously designated sectors could make a big difference in the respective industries. We could see a significant reduction in unemployment as industries expand to meet the increased demand for locally produced goods. In turn, and as a result of the multiplier effect involved in the manufacturing of products locally, this would stimulate other sectors of the economy, creating a virtuous cycle of growth and job creation. The best thing that can happen to our economy after the promulgation of the Public Procurement Act, with clear local content provisions, is for the re-designation of sectors to happen quickly, as per the process outlined in the act, for all government entities to comply with the local procurement provisions when buying and for consequence management to be introduced and enforced against all non-complying accounting officers and their respective institutions. High levels of non-compliance were the biggest threat to the success of the previous local content regulations in the public sector. We hope to see better and stricter compliance levels from public sector procuring entities. But the government cannot do it alone. We, as South Africans, are the solution. Every purchase decision we make is a vote of confidence in our economy. By choosing to buy local, we are choosing to support local businesses, sustain jobs and invest in the future of our country. The statistics are clear: our economy needs this boost and it starts with each of us making a conscious decision to support local products and services. The Public Procurement Act is more than just legislation; it is a call to action for all South Africans. Let us rally behind the act and embrace the opportunity it presents to rebuild our economy. By buying local, we can create the jobs that are desperately needed and secure a brighter future for all. Together, we can turn the tide on unemployment and ensure that South Africa’s economic recovery is not just a hope, but a reality. ‘Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER’. https://www.iol.co.za/business-report/economy/buying-local-is-crucial-for-job-creation-and-economic-revival-3cfa4356-642f-4bb1-8c7a-c5af5042bc0f

Tara Isaacs | 28 August 2024 A walk-in business and career training centre was launched in Dunoon last week to tackle unemployment. The Silulo Foundation Business and Career Centre is at the Roma Centre along Winning Way in Dunoon Racing Park. More than 40 people attended the ribbon-cutting ceremony, including ward councillor Meisie Makuwa as well as representatives from the founders of the project, Astron Energy Development Fund and the Silulo Foundation. Luvuyo Rani, who founded the Silulo Foundation in 2023, said the organisation was set on bringing digital transformation to disadvantaged communities around the City, with Dunoon being only one of many. The foundation’s programmes focused on entrepreneurship and training, he said. The head of AEDF, Debbie Parker, said the new centre would focus on training for unemployed youth and budding entrepreneurs. “This initiative will provide training for small businesses, allowing them to formalise and grow their businesses,” she said. The Silulo Foundation said it had identified 240 entrepreneurs who would be put through a 10-month training programme at the centre. Future plans, it added, included enrolling a further 600 unemployed people, especially youth, in a free six-month programme teaching digital skills. Dunoon community leader Lundi Wulana said the centre would serve as a beacon of hope for the community and surrounding areas. “We have so many young people who are willing to work but need the resources and training to equip them with the skills so that they can become economically active citizens,” she said. Ms Makuwa said she was excited to be part of the initiative and would support its plans. ‘Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER’. https://www.tabletalk.co.za/news/new-business-training-centre-for-dunoon-640c89a2-5c7a-486e-8b5c-22f3a46f409c

Earlier this month, the Property Practitioners Regulatory Authority (PPRA) has provided feedback to the Real Estate Business Owners of South Africa (ReBOSA) in the form of a Letter on the requirements relating to Broad-Based Black Economic Empowerment (B-BBEE) Verification Certificates and the issuance of Fidelity Fund Certificates (FFCs).     After consultations, it was resolved that the term “valid” in the context of B-BBEE Verification Certificates does not imply “compliant”.   B-BBEE Verification Certificate Management Services   are available to Members in understanding these requirements.

The below Q & A was published on the dtic  Website under the B-BBEE FAQs regarding B-BBEE Sworn Affidavits for EMEs and QSEs with more than 51% Black Ownership in a complex ownership structure involving a Black Private Equity Fund.   Q |   Can an organisation apply enhanced recognition for ‘Black’ private equity fund managers, in other words recognise it as true ‘Black’ Ownership?   A |   Statement 100 point 3.10.1 allows an organisation to treat ownership arising from private equity funds as if that ownership is held by 'Black' People, where the private equity fund meets specific criteria points 3.10.1.1 through to 3.10.1.3 stipulate.   Ownership Services  are available to assist members in implementing complex Ownership transactions.

Wandile Sihlobo | 27 August 2024 The South African government has roughly 2,5 million hectares of acquired land. In selecting the beneficiaries, a key aspect of the policy is that 50% of land redistributed must be transferred to black women. On various occasions, I have highlighted the agricultural sector’s gains in the first three decades of democracy. The sector has more than doubled in value and volume . Better seed varieties in crops, vegetables, and fruits, as well as improved genetics in livestock and poultry, have, among other interventions, been the catalyst for output growth. The opening up of export markets over the years has also created a solid demand. Today, we export roughly half of what we produce in value terms.  In 2023, our agricultural exports amounted to a record $13.2-billion . In appreciating this progress, some often ask about the contribution of black farmers. The data on this is shaky, but based on various industry research, we can say that black farmers account, on average, for around 10% of the commercial agricultural output . This gives one an indication of their contribution to exports. Issues including why black farmers account for this much produce 30 years into democracy, and how we could build an even more inclusive agricultural sector, are discussed at length in my recent book, A Country of Two Agricultures. However, another critical discussion is the question of gender dynamics in South Africa’s agricultural sector. As a country, we should continue to improve this area. The data about the current state of women’s participation is shaky. Still, one can lean on a few indicators, such as the recent census of agricultural figures from Statistics South Africa, to make a point. The census report found that we have about 40,000 commercial farm units in South Africa. To be clear, the census only includes farmers registered for VAT (the threshold is a turnover of R1-million a year). Therefore, there are many more farmers not accounted for in this figure who are involved in commercial farming as their primary source of income and those who practice farming as a secondary source of income. Still, if we go with the 40,000 farming units , about 20% are owned or operated by women. However, we also know anecdotally that women’s participation in the subsistence farming sector is perhaps much larger in various areas. In such cases, the question remains: what can we do to help ensure that women are able to progress to the commercial level if they wish to do so? Another vital aspect is jobs, where women accounted for roughly a third of the 896,000 jobs in the second quarter of 2024. More could be done to improve women’s participation, particularly in agro-processing. Let’s all agree that agriculture, as an important sector of the economy, could still deliver more jobs and expand in underutilised land. This makes the gender discussion even more valuable. The South African government has about 2,5 million hectares of land acquired through the Proactive Land Acquisition Strategy . This land should be released to beneficiaries with title deeds and help boost growth and inclusion in the sector. In selecting the beneficiaries of the land, the government will have to be guided by the existing Beneficiary Selection and Land Allocation Policy . One important aspect of this policy that is less talked about is its focus on boosting women’s participation in agriculture. It states that 50% of land redistributed must be transferred to (black) women. If we follow this approach as a country, along with ensuring that there are financial instruments to assist, perhaps we could improve in the coming years in racial and gender inclusiveness in the sector. There are many young women interested in agriculture that one sees online. Some even write to me enquiring about a range of agricultural matters. This means there is interest among women in joining agriculture and playing a meaningful role, in addition to the gains we have made as a country. The policy environment is also supportive. We will need to ensure that commodity associations, particularly at the development level, continue to encourage women’s participation so that also when the time comes for land release, they can get the land and help ensure that in the next agricultural census, we see an improvement in farms operated or owned by women. I must stress that agricultural matters are not only about farmers; the jobs in various organisations, agribusinesses, commodity organisations, universities, firms and laboratories all form a significant share of women’s contribution to South Africa’s agriculture, food, fibre, and beverages industries.  Inde’lendlela (this is a long journey), but we are moving forward as a country. ‘Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER’. https://www.dailymaverick.co.za/opinionista/2024-08-27-more-needs-to-be-done-to-boost-participation-of-women-in-sa-agriculture/

SA News | 27 August 2024 The recently signed Public Procurement Act is expected to reduce bureaucratic delays and curb corruption while also ensuring that taxpayer money is used responsibly. “It is a good move for many reasons,” says Kamogelo Mampane, the Executive Chairman of the Supply Chain Council (SCC). President Cyril Ramaphosa assented the act that aims to create a single framework that regulates public procurement, in July. “It is a consolidation of all guidelines, practice notes and procurement guidelines that were found in other regulations into one legislative framework. The Procurement Act introduces standardised procedures that streamline the procurement process, making it more efficient and transparent. This will significantly reduce bureaucratic delays and curb corruption, ensuring that taxpayer money is used responsibly and effectively,” Mampane told SAnews . The SCC is a non-profit association that was set-up in 2010 to provide quality and professional supply chain services to organisations across the globe. The association helps organisations to make improvements in supply chain processes. The act also complies with the Constitution’s Section 217 that states that the contracting of goods and services by organs of state in all spheres of government must occur in accordance with a system which is fair, equitable, transparent, competitive and cost-effective, among others. According to the Presidency, the act also responds to the acknowledgement that legislation regulating procurement by organs of state is fragmented and constrains the justified advancement of persons or categories of persons who could provide goods or services. Mampane said the act also creates clarity on what is legal, possible and creates many possible options for state organs to drive economic transformation while also forming a basis for investments in technology and best sourcing practices. Recently, National Treasury indicated that the provisions of the act are not in force yet and that the President will bring the provisions of the Act into operation through a new proclamation in the government gazette. The Public Procurement Act, 2024 (Act No. 28 of 2024) was approved by the President and published as an Act in the Government Gazette on 23 July 2024.  According to Treasury, Section 69 of the Act enables the President to bring the provisions into operation on different dates (phased approach) and to determine different dates for different categories of procuring institutions such as national and provincial departments, national and provincial public entities and municipalities and municipal entities. Public Procurement Tribunal  Chapter 6 of the Act makes provision for a dispute resolution mechanism and a Public Procurement Tribunal to review decisions taken by procurement institutions.  Asked about his thoughts on the tribunal, Mampane said that small businesses often lack the resources to engage in prolonged legal battles. “The tribunal offers a more accessible and cost-effective platform for resolving disputes, ensuring that their grievances are heard and addressed promptly. By upholding transparent procurement practices, the tribunal also assists small businesses to understand the criteria and processes used in awarding contracts.” He added that this clarity can help small business to better prepare and compete for future opportunities.  “We foresee a tribunal receiving a huge number of applications in the beginning as small businesses seek a hearing.” “The tribunal will also hold procurement officials accountable for their actions, encouraging them to adhere to the Act and code of conduct. This can lead to more diligent and conscientious behaviour in the execution of their duties.  “It is our view public procurement officials did not have a place to go if they felt threatened by people in authority, politicians, or suppliers. The tribunal will be a place to go as an independent body that can listen to their challenges,” he explained. Asked about what type of individuals must sit on the tribunal, Mampane said this institution must be chaired by a retired judge supported by individuals with many years of experience in public procurement. This also includes someone who has experience in contract management and Broad-Based Black Economic Empowerment (BBBEE) to ensure the consistency of the application of the rules.  According to the Act, a member of the Tribunal holds office for a period of five years, or the shorter period that the Minister of finance determines. Additionally, a member of the Tribunal may be re-appointed at the expiry of a term for a further term not exceeding three years.  Transformation  In the year that marks 30 years of freedom and democracy in South Africa, the act is cognisant of the need to continue to foster economic transformation. The act contains set asides for designated groups like women and persons living with disabilities who have historically been disadvantaged. According to the chairman, this inclusive approach is expected to level the playing field and provide equal opportunities for all businesses to compete and thrive. “Our economy is not growing, unemployment remains a challenge, youth unemployment is an indication of a non-productive economy. In any developing country like South Africa, SMMEs [small, medium, and micro-enterprises] play a crucial role in developing the economy, creating jobs and reindustrialisation. The protection and advancement of designated groups is crucial in creating sustainable projects in our communities.” He added that the setting aside of opportunities for the productive sector of the economy will encourage innovation and investment by local and international organisations. “A key aim of the bill is to drive economic transformation by mandating that a substantial portion of procurement contracts be awarded to historically disadvantaged individuals and SMMEs, the bill promotes inclusivity and equal opportunity. This is a major win for economic empowerment and growth.”  In an earlier media release, the SCC said a highlight of the act is its strong support for local production and manufacturing.  “The law stipulates that government entities prioritise locally produced goods and services in their procurement decisions. This provision aims to boost local industries, create jobs, and stimulate economic growth within the country.  “Supply chain professionals will need to cultivate robust relationships with local suppliers, ensuring that the procurement of locally manufactured products meets quality and cost-efficiency standards,” it said. Reducing bureaucracy Asked about whether the act will reduce government bureaucracy, Mampane said the Act provides a clear framework for efficient, fair and sustainable development for the more than 700 state organs, government departments and municipalities. “The implementation of electronic procurement platforms to facilitate online submission and processing of bids, reducing paperwork and speeding up the procurement cycle will reduce bureaucracy of public procurement.  “Some processes were completely unnecessary e.g. having to go to National Treasury to ask for permission for minor deviations. The need to submit manual reports to National Treasury even though some were hardly ever used or perused by National Treasury, was also onerous.” Concerns Chapter 6 of the Act which speaks to dispute resolution, also refers to the Stand Still Process which speaks to the “prohibition on concluding contract during reconsideration or review proceedings”.  According to the process, if a procurement process is subject to a reconsideration in accordance with section 37, a procuring institution may not conclude a contract with the successful bidder within 10 days after completion of the reconsideration or review process. Section 37 (Reconsideration by procuring institution) of the Act states that a bidder may submit an application for reconsideration to the procuring institution if that bidder is not satisfied with a decision to award a bid by that institution. Mampane expressed concern over the process saying that in its current form, the clause creates “an automatic stand still, as it requires an organ of state not to conclude a contract with the successful bidder prior to completion of the review process by a Tribunal.” “Projects will be stopped even if the request is frivolous and has no basis. The prima facie rule is ignored by this clause. We are extremely concerned that this will create inefficiencies in the process,” he said. Taking supply chain forward Asked about what the act means for the supply chain sector as a whole, Mampane is of the view that the act elevates the profession. “This is a boost to the supply chain professionalising agenda as it elevates the profession to its right full place, i.e. a strategic function to assist government in achieving their social and economic objectives. “Supply chain professionals must be at the forefront of driving this change, leveraging their expertise to assist their organisations in delivering their strategic objectives. Supply Chain professionals must build on this foundation that is created by this Act and build strong cases for SMME development, increase spend on locally produced products and deliver tangible value to their organisations and communities,” he said. ‘Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER’. https://www.sanews.gov.za/features-south-africa/procuring-better-sa

More often than not when organisations enter into a relationship with an Enterprise Development or Supplier Development Beneficiary, it wants a guarantee that their investment will be successful. Hence, many choose to incorporate accountability clauses to secure their investment. However, Clause 4.12 in Statement 400  of the Amended General B-BBEE Codes of Good Practice states:   "4.12 Measured Entities are encouraged to develop and implement an Enterprise Development plan and Supplier Development plan for Qualifying Beneficiaries. The plan should include:   4.12.1 Clear Objectives; 4.12.2 Priority Interventions; 4.12.3 Key Performance indicators; and 4.12.4 A concise implementation plan with clearly articulated milestones".   Placing accountability conditions on Beneficiaries may be punitive without taking into account all factors in clause 4.12.   Enterprise & Supplier Development Services   are on hand to guide organisations before entering into a contractual agreement with a Beneficiary, as Sector Codes may have differing requirements.

Jockey South Africa | 21 August 2024 In today's fast-paced business world, investing in upskilling staff is essential. Companies are recognising the benefits of building a diverse, highly skilled workforce, which not only meets regulatory standards but also drives business success and national development. "Upskilling our workforce is a core part of what makes a forward-thinking organisation," says Bruce McMurray, general manager of Jockey South Africa. He continues by saying, "Employment equity requires us to reflect on our nation's diversity, promoting inclusivity and equal opportunity." Skills transfer through training programmes Industries like clothing manufacturing highlight the need to address historical inequalities. Robust training programmes empower employees while enhancing their skills and career growth. "By investing in our employees' skills and knowledge, we foster a culture of inclusivity and growth," McMurray notes. Embracing diversity and inclusion benefits both businesses and society. "A diverse workforce enhances innovation, creativity, and the ability to serve a varied customer base," emphasises McMurray. Upskilling drives personal and professional growth, innovation, and exceptional quality in design, manufacturing, and delivery. "Upskilling boosts staff self-confidence and retention rates. Evidence of this is how many of our staff have stayed with our company for decades," explains McMurray. Jockey South Africa offers several training programmes, including Learnership (18 months), Skills Programme (12 months), Organisation Development International (ODI) (18 months), Adult Education Training (AET) (12 months), Emerging Leadership Development Programme (ELDP) (12 months), Team Leader Development Programme (TLDP) (6 months) and New Venture Creation (12 months). These programmes cater to various needs, from theoretical knowledge to practical skills and leadership development. Partnerships with organisations like Optimi Workplace and ZA Gear ensure high standards and adaptability. Empowering the future Prioritising continuous learning and development unlocks the full potential of the workforce, driving innovation and excellence. Adopting a people-centric strategy at all levels of business ensures that every employee feels valued and empowered to contribute their best.  "We encourage a continuous learning environment to keep our workforce agile and innovative," McMurray adds. "This commitment benefits individual employees and elevates the entire organisation. We encourage other businesses to also embrace upskilling to help create a brighter, more equitable future in South Africa," concludes McMurray. ‘Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER’. https://www.bizcommunity.com/article/investing-in-upskilling-a-key-to-business-success-and-inclusivity-691931a

Masibongwe Sihlahla | 26 August 2024 South Africa's banking sector, a cornerstone of its economy, remains largely exclusive to the white minority even after 30 years of democracy. This historical inequality perpetuates economic disparities and hinders the country's progress towards a just and equitable society. A radical transformation is imperative to address this systemic injustice and empower the marginalised black majority. Observing the unchanged rows of shacks from Cape Town International Airport to Hermanus, one realises that the control of our banking sector serves only the elite. Under apartheid, access to capital was a key strategy that lifted many poor Afrikaners out of poverty. It is well known that the hands that control the banking sector control the world. An Urgent Call for Change There is a desperate need for change as our people are mired in poverty, becoming poorer by the day. Decades of apartheid-era policies created a financial system that systematically excluded black people, keeping them as sources of cheap labour. Millions of black South Africans lacked access to basic banking services, hindering their economic participation—a situation that remains today as if apartheid never left. The unequal distribution of wealth is a direct result of a banking sector that has concentrated wealth in the hands of a white minority. Black people are under-represented in leadership positions within the banking industry, and even those in power are limited by boardroom policies, making them appear as mere ornaments. Practical Strategies to Achieve Change Financial Inclusion: Access to basic banking services must be rolled out to more people. Affordable accounts, debit cards, and digital platforms should be offered without hidden charges. Tailored Financial Products: Banks should develop products specifically to meet the needs of low-income black individuals and small businesses. Financial Literacy: Banks and the state should invest in financial literacy, educating the public about financial management and entrepreneurship. The Department of Basic Education should include this in the Life Orientation syllabus. Mobile Banking: The state must ensure that banks utilize mobile banking and agent networks to reach underserved communities, which is also cheaper for consumers. Increase Black Ownership: Ownership and control of the banking sector remain in the hands of the white minority. Policies must be implemented to promote black ownership of banks and financial institutions. Empower Black Leadership: The state should create opportunities for black professionals to ascend to top management positions, rather than using them as ornaments to comply with employment equity targets. Strengthen BBBEE Regulations: The state needs to enforce BBBEE regulations within the banking sector properly. Accessible Credit: The state must ensure affordable and accessible credit for blacks by expanding lending to black-owned businesses. Free access to capital to support entrepreneurship and job creation should be provided, with the state as guarantor. Reducing interest rates will lower the cost of borrowing for black individuals and businesses, acting as a catalyst for economic growth. Historical context: Many brilliant black students were denied student loans due to lack of a formal address, a tactic that served the Apartheid regime by keeping blacks impoverished. Under democracy, a simple legislative change allowed a letter from a ward councillor to suffice as an address, transforming millions of lives overnight. Similarly, developing alternative credit scoring models that consider factors beyond traditional credit history can further promote equality. Our democracy cannot survive inequality; we must act swiftly to prevent further societal unrest. Customer centricity should be key in improving service, with banks providing responsive and efficient support to black customers. Addressing over-indebtedness: Issues can be addressed through debt counselling and restructuring options, as poor black customers are willing to repay loans if given proper assistance. Preventing predatory lending: The state must implement measures to prevent predatory lending practices that exploit the poor. Regulatory framework The state must strengthen financial regulations to ensure consumer protection and market stability. Promoting competition by encouraging new, inclusive financial service providers will give consumers more choices and drive down costs. Supporting cooperative banking by formalizing STOKVELS and fostering community-owned financial institutions has proven successful. Transforming the banking sector will face resistance from vested white monopoly interests, but it presents immense opportunities for economic growth, social development, and reconciliation. Addressing historical injustices will help build a more inclusive and prosperous future. For 30 years, we have failed; our society cannot afford further delays. We need a call to change, not a call to arms. The way forward Collaboration between the government, banking industry, civil society, and the black community is essential. Political will, regulatory changes, industry commitment, and community engagement are necessary. By prioritising financial inclusion, ownership, affordability, and customer centricity, we can create a banking sector that truly serves the needs of its people. I have refrained from calling for the nationalization of the Reserve Bank. Instead, the Post Bank should fall directly under Treasury and a Director General, not be run as a private institute, to ensure accountability to taxpayers. Legislation should prevent banks from closing accounts for political reasons, as seen in the case of Sekunjalo accounts. Accounts used for criminal activities should be closed, but political machinations should not be allowed to disrupt businesses. * Masibongwe Sihlahla is an independent writer and political commentator. ** The views expressed do not necessarily reflect the views of Independent Media or IOL. ‘Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER’. https://www.iol.co.za/sundayindependent/analysis/a-call-for-total-transformation-of-the-banking-sector-173560f8-b739-429f-be86-15c437abecc4

Beth Cook | 20 August 2024 Upskilling and empowering women in South Africa's agricultural sector is crucial for driving economic growth, enhancing food security and fostering sustainable development in rural communities. In celebration of Women’s Month in South Africa, it is crucial to acknowledge the invaluable contributions women make in various sectors, particularly in agriculture. Often overshadowed by their male counterparts, women in agriculture are the backbone of food security and rural development.  According to the United Nations’ Food and Agriculture Organization (FAO), women provide an estimated 50% to 80% of agricultural labour, they produce most of the subsistence food and often help to produce cash crops. The FAO also argues that if women had access to the same level of resources as men, agricultural productivity would increase by up to 30%, agricultural output in developing countries would rise by up to 4% and the number of impoverished people would be reduced by up to 17%. Historically, women in South Africa have been involved in agricultural activities, primarily as subsistence farmers, producing food for their families and communities. Despite facing numerous challenges such as limited access to land, credit and technology, women have shown remarkable tenacity and resourcefulness. Today, women constitute a significant portion of the agricultural workforce, contributing immensely to both small-scale and commercial farming. Barriers Despite their significant contributions, women in agriculture continue to face several challenges: Training and education Many women in rural areas have limited access to agricultural training and education. This gap in knowledge can inhibit their ability to adopt modern farming techniques and improve productivity. Land ownership In many rural areas, traditional customs and legal barriers prevent women from owning land. This lack of land ownership hinders their capacity to invest in and expand their farming operations. Access to finance Women often have limited access to financial services, which restricts their ability to purchase inputs, machinery, and other essential resources. Market access Women farmers often struggle to access lucrative markets, which limits their income and economic opportunities. This is compounded by inadequate infrastructure and transportation challenges. Solutions Empowering women in agriculture requires a multifaceted approach, with a strong emphasis on skills development and education. Here are some key initiatives that can make a difference: Agricultural training programmes Providing women with access to training in modern agricultural practices, financial literacy and business management can enhance their productivity and economic viability. Access to technology Equipping women with appropriate agricultural technologies can improve efficiency and yield. This includes access to irrigation systems, mechanised tools and mobile-based agricultural information services. Financial inclusion Ensuring women have access to credit and financial services is crucial. Microfinance institutions and cooperative societies can play a pivotal role in providing the necessary financial support. Market linkages Facilitating connections between women farmers and markets can enhance their income potential. This can be achieved through cooperatives, farmer associations, and digital platforms that connect producers with buyers. Progression’s agricultural employment hub Progression has established ArtFarm, a farming hub which supports the hosting of learners in an agricultural environment where they are empowered to develop the basic skills of food production and small-scale farming. The hub provides an opportunity to address the unemployment and skills shortages in South Africa by creating sustainable employment opportunities, either in the hub or for the learners to develop valuable skills that they can take back to their communities and set up their own farming businesses. The current project includes a group of female learners who are breaking barriers and redefining the agricultural landscape. These women, driven by determination and a passion for growth, are mastering new agricultural skills that were once considered out of reach. From innovative planting techniques to sustainable farming practices, they are not only gaining knowledge but also applying it hands-on. The programme is born out of 20 years of successful skills development experience and identifying the opportunities that learning and practicing self-sustaining skills have to offer to both individuals and communities while recognising the need to support sustainable food security and a circular economy. The way forward Recognising and celebrating the contributions of women in agriculture is essential for fostering a more inclusive and prosperous agricultural sector in South Africa. By addressing the challenges they face and providing opportunities for skills development and empowerment, we can unlock the full potential of women in agriculture. As we commemorate Women’s Month, let’s commit to supporting and empowering the women who feed our nation. Their resilience, innovation and dedication are the seeds that will grow into a bountiful harvest for South Africa’s future. ‘Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER’. https://www.bizcommunity.com/article/women-in-agriculture-empowering-south-africas-unsung-sheroes-472209a