http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 17.09Change: 0.05
R/$ = 14.88Change: 0.04
Au 1281.02 $/ozChange: 2.90
Pt 1059.50 $/ozChange: 5.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters About Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jul 02, 2008

Black business rejects ruling allowing Chinese to benefit from BEE

Back
 
 
 
 
 
 
Africa|Business|Technology|Africa
Africa|Business|Technology|Africa
africa-company|business|technology|africa
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
Creamer Media Senior Researcher and Deputy Editor Online

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here
 
Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Video News
More
 
 
Latest News
Brenda Berlin
Platinum mining company Impala Platinum (Implats) has secured a court order against a US platinum recycler, from which it is claiming $201-million. Implats said on Wednesday that the order, issued by the US District Court for the Eastern District of Pennsylvania,...
Andrew Hinkly
A potentially far-reaching step has been taken towards the viable roll-out of hydrogen refuelling infrastructure for platinum-using fuel cell electric vehicles (FCEVs) with the launch of a system that allows hydrogen to be stored and transported in conventional fuel...
Johannesburg mayor Parks Tau
At least R14-billion in investments had seen the economic development of the City of Johannesburg, resulting in economic hubs that created jobs and further opportunities for the city’s citizens, mayor Parks Tau said on Wednesday. The city had begun redesigning the...
More
 
 
Recent Research Reports
Energy Roundup – May 2016 (PDF Report)
The May 2016 roundup covers activities across South Africa for April 2016 and includes details of the National Energy Regulator of South Africa’s proposal to introduce a coal benchmark cost as part of its final decision on Eskom’s multiyear price determination...
Automotive 2016: A review of South Africa's automotive sector (PDF Report)
Creamer Media’s Automotive 2016 Report provides an overview of South Africa’s automotive industry over the past 12 months. The report provides insight into local demand and production, vehicle imports and exports, investment and competitiveness in the sector, as well...
Energy Roundup – April 2016 (PDF Report)
The April 2016 roundup covers activities across South Africa for March 2016 and includes details of a North Gauteng High Court Judge’s dismissal of a court application to postpone the 9.4% electricity tariff increase, which the National Energy Regulator of South...
Electricity 2016: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2016 report provides an overview of South Africa’s electricity sector, focusing on State-owned power utility Eskom and independent power producers, electricity planning, transmission, distribution and the theft thereof, besides other issues.
Energy Roundup – March 2016 (PDF Report)
The March 2016 roundup covers activities across South Africa for February 2016 and includes details of the Department of Energy’s plans to announce the preferred bidders for the first tranche of the coal independent power producer procurement programme; the Council...
Steel 2016: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2016 Report examines South Africa’s steel industry over the past 12 months. The report provides insight into the global steel market and and particularly into South South Africa’s steel sector, including production and consumption, main...
 
 
 
 
 
This Week's Magazine
The two spent-fuel pools at Eskom’s 1 800 MW Koeberg nuclear power station, in the Western Cape, will be full by 2018, increasing the urgency on the State-owned utility to begin pursuing alternative storage options. Koeberg has, over the past 32 years, accumulated a...
South Africa lacks the skills necessary to implement the government’s plan to build 9.6 GWe of new nuclear energy capacity, warns nuclear-qualified Quality Strategies International CEO David Crawford. “Apart from the concern about the affordability of the programme,...
DOROS HADJIZENONOS The 700-series devices provide network security monitoring, app control, URL filtering, VPN security, antivirus, antispam, antibot, and advanced intrusion prevention and detection functionality
Cybersecurity multinational Check Point has released its latest 700-series cybersecurity systems for small businesses, which draw on its international threat intelligence to provide up-to-date cybersecurity, says Check Point South Africa country manager Doros...
Daimler Trucks and Buses Southern Africa (DTBSA) saw a marked slip in new-vehicle sales in 2015 compared with 2014, with sales dropping from 5 897 units to 5 300 units. The decline came as the South African new truck and bus market declined from 31 558 units in 2014...
Group of 20 (G-20) economies threatened to penalise havens that don’t share information on their banking clients after the leak of the Panama Papers provoked a global uproar over tax evasion. The G-20 will consider “defensive measures” against financial centers and...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $149 Close
Subscribe Now for $149