[New post] Black ownership of South African businesses falls below 30% (Bloomberg)

GIBS Blog posted: " Black ownership of businesses in South Africa dropped 1.5 percentage point to below 30% last year, as Africa's most industrialized nation struggles to economically empower a larger portion of its population. Black management control also dropped 5.4% per" The GIBS Blog (Gordon Institute of Business Science) Black ownership of South African businesses falls below 30% (Bloomberg) GIBS Blog Aug 3 Black ownership of businesses in South Africa dropped 1.5 percentage point to below 30% last year, as Africa's most industrialized nation struggles to economically empower a larger portion of its population. Black management control also dropped 5.4% percentage points to 51.6%, the B-BBEE Commission said in an annual report. The commission's mandate is to supervise […] Read more of this post Comment Unsubscribe to no longer receive posts from The GIBS Blog (Gordon Institute of Business Science). Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://gibsic.blog/2022/08/03/black-ownership-of-south-african-businesses-falls-below-30-bloomberg/ Powered by WordPress.com