Black South African investors looking to trade their shares in MultiChoice and Media24’s broad-based black economic empowerment schemes, Phuthuma Nathi and Welkom Yizani or Motus’ Ukhamba 2 can now do so on Equity Express Securities Exchange. Anthony Wilmot, CEO of Equity Express Securities Exchange joins CNBC Africa for more.
PRETORIA (Reuters) - South Africa has raised the minimum threshold for black ownership of mining companies to 30 percent from 26 percent but has not decided if firms must retain that structure...
Delayed revisions to South Africa's Mining Charter, which sets industry targets for black ownership and participation in the sector, will face legal challenges if it is unacceptable to producers.
Around the world SMEs are a significant driver of GDP and the primary job creator. In South Africa SMEs account for around 40% of GDP.