In an effort to promote integration of the minority in economic ownership, South Africa's government put in place the Broad Based Black Economic Empowerment policy. To fulfil this mandate, companies have BEE share reserves for the minority. Business Day TV spoke to Independent economist, Duma Gqubule and political analyst Moeletsi Mbeki who weighed in on the efficacy of BEE share schemes
8 Jun 2PM
Business · Business News
Rand Water has warned of a strained water system. The utility says it is observing high water consumption in Johannesburg and Tshwane. despite water restrictions and a call for consumer to cut back. Business Day TV spoke to Sipho Mosai, CEO for Rand Water for more detail.
Following growth of 4.8% in 2022, Kenya's GDP is expected to grow at 5.5% this year and at an average of 6% over the medium term. This is according to the East African nation's National Treasury Draft Budget Review & Outlook Paper. It also reveals that the fiscal deficit will…
Business Leadership SA (BLSA) has voiced concerns about a proposed shareholding model for state-owned enterprises that has been outlined in the National State Enterprises Draft Bill. The current model suggests that the state would retain majority ownership in SOEs. BLSA, however, suggests an alternative approach where the state holds a…
Headline consumer inflation ticked up to 4.8% year-on-year in August from 4.7% in July. The marginal increase reflects a slowdown in food prices and an acceleration on the cost of fuel and municipal tariffs. Business Day TV discussed the print in detail with Annabel Bishop, Chief Economist at Investec.