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Large sectors fall short of BEE laws
(Fin24.com)

There are low levels of compliance with black economic empowerment (BEE) laws in large sectors of the economy, Parliament heard on Tuesday. These included agriculture, manufacturing, and retail, the dti Director General, Lionel October, told Parliament's Trade and Industry Portfolio Committee. He said planned changes to current BEE legislation, contained in the Broad Based Black Economic Empowerment Bill, aimed to make "fronting" a criminal offence. It would also be punishable by up to 10 years in jail. The intention of the draft legislation was to link BEE more closely to the overall goals of increasing employment, expanding the productive sectors of the economy, and reducing inequality. This was necessary because census results showed white household income was more than five times that of black households. "We need to address the central challenge of inequality by expanding our entrepreneurial base, our productive base, and integrating black business into the mainstream," October said. Click to peruse 29 January 2013 presentation made to Parliament on Regulatory Impact Assessment (RIA) of the B-BBEE Amendment Bill» |
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Herbital Maluleke leaves Agbiz to persue new career opportunities
Mr Herbital Maluleke has resigned from his position as Manager, International Trade Intelligence at Agbiz. He has been appointed as Deputy Director at the Agro-processing division of DAFF with effect from 1 February 2013. We thank Herbital for his efforts and wish him all the best in his future endeavours.
All communication with regard to trade matters should be directed to Dr John Purchase at email: john@agbiz.co.za. Agbiz is in the process of advertising to find a replacement for this position. |
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Brics Exhibition Opportunity
 South Africa will host the fifth BRICS Summit from 26 to 27 March 2013 at the Durban International Convention Centre (ICC). This is the last of a cycle of BRICS summits which are convened to seek common ground on areas of importance for these major economies. Agbiz members interested in exhibiting at the fifth Summit have to complete and submit the linked application form directly to Ms Virginia Mbuyisa by Thursday, 31 January at e-mail: Vmbuyisa@thedti.gov.za. |
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GMO's: Frankenfoods or wonder foods?
African Trader published an insightful article on GMO's in their December edition. FoodNCropBio; Agbiz; AfricaBio and other biotechnology stakeholders were interviewed to share their views on current GMO issues.
To peruse the article, please click here» |
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SA private sector challenges and opportunities in the NSC
The NEPAD Business Foundation and BEPEC are launching the North South Corridor (NSC) Series, entitled South African Private Sector Challenges and Opportunities along the North-South Corridor (NSC); supported by Industrial Development Corporation (IDC). At this workshop, South African private sector can review and consider project opportunities along the NSC and identify challenges to pursuing opportunities along the NSC.
Date: Tuesday, 12 February 2013 Time: 09h00 - 16h15
Where: Industrial Development Corporation (IDC), 19 Fredman Drive, Sandown.
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Undercover Farming Expo
5 - 7 March 2013 | St George Hotel & Convention Centre | Pretoria
Theme: Applying technology for sustainability
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Agri Works Farmers Expo
8 - 10 March 2013 | Mentors Country Estate | Jeffreys Bay
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Zambia Copperbelt Mining and Agricultural Show 2013
29 May - 2 June 2013 | Kitwe | Zambia Closing date for complete applications is 30 November 2012
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MnandiSA - For a better South Africa
MnandiSA compiles and processes positive news information from all over SA. Mr Hennie Duvenhage will contact Agbiz members for their stories. |