News archive

News archive - March-2010

Boetes ruk handuit, sê Willemse

Die Mededingingskommissie se pogings om te verseker dat mededingendheid in die landbou gehandhaaf word, is besig om handuit te ruk, meen prof. Johan Willemse, voorsitter van die departement landbou-ekonomie aan die Universiteit van die Vrystaat.

Hy het op die Landboubesigheidskamer (LBK) se kongres op Somerset-Wes gesê die groot boetes wat maatskappye opgelê word, bring die verspreiding en insameling van inligting, wat noodsaaklik vir die funksionering van die mark is, tot stilstand. Hy meen dit kan daartoe lei dat belegging in die landbou in die slag bly.

18.06.2010 / Agbiz in the news

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Transformation: Talking about a revolution

Has real change come to SA business or is it all just talk? Insiders are divided on the state of transformation.

Indications are that the jury is out on business transformation; at least that’s the impression judging from the latest plans by SA’s Commission for Employment Equity. According to the commission, defaulting companies and individuals are to be named and shamed, while fines for non-compliance are to be increased. Most importantly, “zero tolerance” must be shown to the guilty, which “must result in prosecution”.

In a strongly worded letter in the commission’s 2008/09 annual report, Jimmy Manyi, chairperson of the commission, expresses his displeasure at the rate of transformation in SA business thus far.

Says Manyi: “It is disconcerting ... that all 106 companies that were reviewed were found to be in breach of procedural and substantive compliance. The majority of these companies were in the top 100 JSE-listed companies, which implies that they have the resources to implement the act.

11.06.2010 / Agbiz in the news

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