R/€ = 14.22
R/$ = 11.27
Au 1213.35 $/oz
Pt 1281.00 $/oz
Jul 02, 2008
Black business rejects ruling allowing Chinese to benefit from BEEBack
Africa|Business Unity South Africa|NBBC|Africa|South Africa|Allied Careers Organisation|Association For The Advancement Of Black Accountants Of South Africa|Black Conveyances Association|Black Lawyers Association|Department Of Labour|Department Of Trade And Industry|Pretoria High Court|South African Government|South African Institute Of Black Property Practitioners|Buhle Mthethwa|Busa|Dupree Vilakazi|Lawrence Khoza|Sandile Zungu|Information Technology
© Reuse this Black business and professional organisations on Wednesday expressed their dissatisfaction with the Pretoria High Court judgement characterising Chinese South Africans as ‘coloured’, thus qualifying them as beneficiaries in terms of black economic-empowerment, and called on the State “to appeal this irrational decision”.
“As black business and professional organisations, we reject both the substance and the process that was followed, leading to this shocking judgement. This judgement, in our view, revises a long-held historical view of the democratic struggle in South Africa,” said National African Federated Chambers of Commerce (Nafcoc) president and Business Unity South Africa (Busa) VP Buhle Mthethwa.
A number of black business organisations have instructed attorneys to study the judgement, with a view to exploring possible legal routes. The organisations have also requested a meeting with the Department of Trade and Industry (DTI) and the Department of Labour (DOL) to further discuss the matter.
“The fact that the DTI and the DOL are the respondents, gives credence to us that this is just an opportunistic thing that looks at economic opportunity. To say that coloured people should compete on an equal footing with the Chinese, on the basis of this judgement is really ridiculous,” added Busa government and stakeholder relations director Lawrence Khoza.
The black organisations represented at the briefing were Nafcoc, the Association for the Advancement of Black Accountants of South Africa (Abasa), the Black Management Forum (BMF), the Black Conveyances Association (BCA), the Black Information Technology Forum (BITF), the Black Lawyers Association (BLA), the South African Black technical and Allied Careers Organisation (Sabtaco), the South African Institute of Black Property Practitioners (SAIBPP), the Black Business Executive Circle (BBEC), and the national Black Business Caucus (NBBC).
The organisations saw the judgement as a “disappointing revision of the struggle for economic emancipation in South Africa”, and called on the South African government, the organised business community, corporate South Africa, and other stakeholders “to express their strong disavowal and disappointment with this shocking decision”.
“To hear a judge of our own country, who understands some of these things that are happening, suddenly just passing that without any consultation with us, or even this matter being debated, we really regard this as just being brushed under the carpet so that we approve this. We vehemently say that this is not on,” said NBBC president Dupree Vilakazi.
“The judge did not apply her mind, these errors happen sometimes. I do not blame her personally, because she has not suffered the way I have suffered… she just looks at the law. This is why it is not an administrative issue on the judiciary, it is a political issue that should have been addressed,” Vilakazi added.
It was felt that black economic-empowerment and employment equity interventions should primarily benefit the following black groups: Indian, African, Coloured, but the organisation stated that “Chinese are not coloured”.
“We as black people, who historically have been marginalised by process of legislation, have got to, honestly, jealously guard the gates. I think we have earned our stripes. We are historically disadvantaged because we are the persons who bore the biggest brunt of Apartheid,” explained Zungu investments company executive chairperson Sandile Zungu.
Edited by: Mariaan Webb© Reuse this Comment Guidelines (150 word limit)
Updated 7 hours ago Protech Khuthele Holdings on Wednesday said, in a cautionary note to shareholders, that, as the failed company unwound, investigations were ongoing into its affairs. The company provided no indication of the completion date.
Updated 7 hours ago Private equity investors are increasingly becoming more active in Africa’s bid to narrow the $90-billion a year infrastructure funding gap constraining the continent’s growth. This was according to a survey by the Southern African Venture Capital and Private Equity...
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
This Week's Magazine
The latest TransUnion Vehicle Pricing Index (VPI) contains a number of small, but significant indications that the tide may at last be turning for the beleaguered used car industry. For the third successive quarter, used car inflation has increased on a year-on-year...
The South African new vehicle market is likely to reach around 630 000 units in 2014, down from the 650 000 units recorded in 2013, says Toyota South Africa Motors (TSAM) president and CEO Dr Johan van Zyl. Van Zyl is also president of the National Association of...
Efforts by the Kenya government to increase energy generation by 5 000 MW over the next three years received a major boost following the award of a $2-billion contract to build a coal power plant in Lamu. Despite allegations of irregular tendering process, the...
Using crafty wordplay on a well-known Internet meme, brilliant South African-born US entrepreneur and businessperson Elon Musk announced that Tesla Motors would not initiate patent lawsuits against anyone who, in good faith, wanted to use its technology. Instead,...
August new vehicle sales declined by 1.4%, to 55 722 units, compared with the same month last year. Assisted by the car rental market, the South African new passenger car market, at 37 953 units, contracted by 1 047 units, or 2.7%, compared with August last year.