15.7.2019 07:31 am
The B-BBEE commission will monitor whether certain BEE schemes afford black shareholders, through board representatives, actual voting rights.
A finding by the Broad-based Black Economic Empowerment (B-BBEE) Commission last week – regarding MTN’s empowerment scheme’s contravention of the B-BBEE Act – will have wide implications for similar schemes operated by other listed companies.
Nomfundo (Fundi) Tshazibana and Dr Rashad Cassim were appointed deputy governors.
The outward trade mission is led by the Trade and Industry department through the export marketing and investment assistance (EMIA) programme,
According to the mine manager, the mine has reached the end of its viable economic life.
In a trading statement, the company said certain costs that were not within its control had contributed to its challenges.
It accused the African National Congress-led provincial government of doing little to aid the company
Hiking the Vat rate to 19% would be one way of addressing the problem, with provincial road maintenance now at six times the provincial annual expenditure.
The increase ‘will rob many consumers of a favoured protein, will shut businesses and lead to the loss of up to 12,000 jobs’.
Experts foresee that the traditional desk job will come to an end, saying entrepreneurship is key and young people have to be prepared.
ScholarX says the world is moving towards a skills-based education, but there is no funding to open such opportunities for graduates.
The app has so far helped at least 400 users – mostly females.
The Bank has held Correspondent Banking Academies and regional workshops across its footprint in Asia, Africa and the Middle East.
As of June 2019, the Zomila team had helped 2,000 users, with most coming from Giyani and Makhado in Limpopo.
During the visit, the president was supported by Naledi Pandor, Tito Mboweni, and Ebrahim Patel.
The implementation of the surcharge, which has since disappeared, caught many by surprise, as it was not included in the draft budget book or City Power’s tariffs document.