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Latest BMF Agenda Updates
Living As A Woman | Breaking The Barriers Of Gender Discrimination
As a young girl, I have always aspired to run my own business which I believed would contribute enormously to my community. The initial process of setting a business is the same for everyone. The process begins to be different when the business must start its operations. I began experiencing
What is Heritage Day?
Growing up in boarding school, one had the pleasure of meeting people from all cultures of South Africa. With friends from different cultural backgrounds, we would be fascinated with the meanings of one’s names and often had to ask our parents what the meaning of one’s name was. This increased
Navigating the Digital Frontier: Unleashing AI’s Potential for South African Businesses
South African businesses face a challenging question: Are they ready to embrace AI and implement the Presidential Commission on the Fourth Industrial Revolution (PC4IR) recommendations by 2030? The technological landscape is ever evolving, making it difficult to answer. However, this is a critical juncture for South African businesses, as they
The 20 Years of B-BBEE Policy Improvements, Reviewing Targets, and Implementing B-BBEE 2.0
The genesis of B-BBEE review reflection on policy improvements and targets implementation ought to be examined and analysed from the standpoint upon which the original BEE legislative framework was founded. Â Exactly 20 years ago, National Assembly enacted the Broad-based Black Economic Empowerment Act 53 of 2003. The preamble of this
The Role of Enterprise & Supplier Development in Driving Black Business Development
The net effect of all the time and money we have spent on enterprise and supplier development since 1995 is zero. According to the National Integrated Small Enterprise Development (NISED) Masterplan, the number of SMMEs operating in our economy has not grown since 1995. In 1995 we had 800 000
Will South Africa Waste its Most Valuable Resource? The Challenge of Youth Employment
Economic transformation is crucial for economic development. When we talk of economic transformation, it is important to consider structural change, which is going from lower productivity to high productivity and within-sector productivity growth. The two mentioned sectors are to be considered in a holistic approach to ensure that Economic growth