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Eskom says it will not increase the price it pays for Gupta-owned Optimum's coal in order to promote black economic empowerment.

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The government will continue to implement black economic empowerment as well as affirmative action programmes‚ President Jacob Zuma said on Wednesday.

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Deputy President Cyril Ramaphosa has promised Black business that the government will spend billions on Broad-Based Black Economic Empowerment in the coming years. “We are going to intensify BBBEE. We are going to sharpen our teeth and determination when it comes to unemployment. We expect that our Black industrialists will have up to R24 billion …

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Julius Malema addresses farmers and other business people in Paarl. (Lauren Hess, News24)

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Five Books on or about Black Millionaires You Should Have in Your Library ASAP! - Black Folk Hot Spots #BlackBiz Social Network Directory

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South African gold mining company Sibanye on Monday expressed disappointment that the draft revised Mining Charter was gazetted without prior consultation. In a unilateral action, Minister Mosebenzi Zwane on Friday gazetted the draft reviewed broad-based black economic empowerment Mining Charter, which prompted the Chamber of Mines to obtain Ministerial commitment to deal with the content of the charter’s revised version in a process over the coming month, “or beyond if necessary”.

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James Baldwin Interview [clip from the documentary I Heard It Through the Grapevine] • 1982 https://www.youtube.com/watch?v=0VlUc2xxBlo

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