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Opinion piece
BMF

The Battle for Narrative: Whose Future Are We Fighting For?

The stakes have never been higher for South Africa’s place in the global economy. At the heart of the 2025 State of the Nation Address (SONA), President Cyril Ramaphosa’s defiant statement – “We will not be bullied”- set the tone for a country determined to defend its sovereignty. But beyond

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Opinion piece
BMF

Land, Lineage and Capital: Why Property Ownership Shapes Economic Power

South Africa’s transformation debate often begins with a familiar question: why do Black entrepreneurs struggle to access capital? Yet this question misses a deeper truth: capital does not simply follow potential. It follows assets. Why do Black entrepreneurs struggle to access finance? Why do banks hesitate to extend credit? Why

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Opinion piece
BMF

Sportsmanship: Our new heritage language.

Have you ever wondered what makes South African culture so unique from the rest of the world? For one, we refer to ourselves as the rainbow nation, a term coined by the late Archbishop Desmond Tutu after South Africa’s first democratic elections in 1994. A term referring to the diverse

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Opinion piece
BMF

The Anatomy of the Listed BBBEE Share Scheme: A Note on Bula Tsela

Our affair with Broad-Based Black Economic Empowerment transactions is a complicated one. To begin with, there is always going to be an inherent tension in policy that combines market-oriented economic policy with redistributive social policy. This tension has been obvious in the implementation of BBBEE policy in South Africa, and

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