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Latest BMF Agenda Updates
Embracing the Journey Towards Inclusion
Each year on the 8th of March we are reminded of the progress made towards gender equality and the challenges thereof. Since 1911, this day has served as the world’s celebration of women’s social, cultural, economic, and political achievements. This year we are asked to inspire inclusion as we reaffirm
The GNU at a Crossroads – Advancing Transformation or Entrenching Inequality?
As the Government of National Unity takes shape, the 2026 Local Government Elections will be the first real test: will political inclusion deepen economic transformation, or will it simply diversify the face of inequality? Inequality in South Africa manifests in multiple ways—across race, gender, geography, and economic opportunity. These inequalities
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
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
Digital Sovereignty, Transformation, and the Public Interest: Rethinking South Africa’s Approach to Broadband Expansion
South Africa stands at a critical juncture in the development of its digital economy. The Department of Communications and Digital Technologies has recently issued a proposed policy direction to the Independent Communications Authority of South Africa (ICASA) regarding the implementation of Broad-Based Black Economic Empowerment (B-BBEE) within the telecommunications sector.
INTSIKAYOMZI IS THE SMME
Perhaps the most startling fact presented in the NISED Masterplan is that the number of SMMEs operating in our economy has not grown from the 800 000 estimated in 1995. From 1995 to 2022 we still have the same number of SMMEs in our economy, with only 330 000 of those able