
‘No big stick’: Tau calls for collaboration on Transformation Fund
The Fund is intended to amplify, not replace, existing enterprise and supplier development mechanisms under the B-BBEE framework.
The Fund is intended to amplify, not replace, existing enterprise and supplier development mechanisms under the B-BBEE framework.
Alexforbes’ latest annual Manager Watch Survey also shows the trend of increasing allocations to multi-managers.
The Finance and the Trade and Industry committees will engage with roleplayers from across the sector before finalising a report that will be tabled in Parliament.
The High Court’s ruling emphasises the duty of directors to disclose conflicts of interest and highlights the importance of complying with corporate and B-BBEE laws.
Challenges remain with the representation of black people in executive director roles, ASISA’s latest transformation report shows.
Life offices and asset managers exceed B-BBEE ownership targets, but face hurdles with employment equity targets, ASISA report finds.
The entities will co-operate to improve the level of submission of compliance reports.
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