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Tag: broad-based Black economic empowerment

The Top Five Wealthiest Blacks In South Africa

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AFRICANGLOBE - Patrice Motsepe, the founder and executive chairman of African Rainbow Minerals (ARM) is often referred to as South Africa’s first Black billionaire and the wealthiest Black man in South Africa. Motsepe has a net worth of $2.5 billion

S. Africa Pushes Black Economic Empowerment Program

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AFRICANGLOBE - White settlers still control 80 percent of South Africa's land and 90 percent of the top 100 companies. From 1948 to 1994 South Africa went through apartheid, a brutal segregation system imposed by the country's White invaders.

Foreign Investors Against South Africa’s Black Economic Empowerment Policies

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AFRICANGLOBE - Earlier this year, the government of South Africa announced that it was extending from this October to next April the deadline for companies to...
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