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Adopting BBBEE not only helps to uplift and change our country for the better, it strengthens our stakeholder partnerships, market opportunities and innovation. Investment by Unilever South Africa in businesses owned by previously disadvantaged groups encourages job creation, creates profitable and sustainable black-owned businesses and contributes to economic growth for the good of all South Africans, helping to close the wide economic disparities that persist.
The fund will provide R40 million worth of loans over a three-year period to approved enterprise and supplier partners, with the ultimate objective of creating sustainable black-owned businesses that provide growth, employ more South Africans and develop local initiatives which would otherwise not happen.
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South Africa: Search Continues for Survivors of Building Collapse in South AfricaThe search continued Tuesday in South Africa for workers trapped in the collapse of a multi-story building under construction outside of Cape Town that left at least four people dead.
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South Africa: SABC Editor-in-Chief Called for Security Vetting and Polygraph Before South Africa ElectionThe Committee to Protect Journalists on Monday expressed alarm that South Africa's spy agency wants to subject Moshoeshoe Monare, the editor-in-chief of the South African Broadcasting Corporation (SABC), to additional security vetting and an invasive lie-detector test ahead of the country's crucial May 29 general election.
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South Africa: Codeine Misuse - South Africa Set to Get New GuidelinesIn response to high levels of codeine abuse in South Africa, health authorities have been developing a plan to track the supply of the drug from manufacturers all the way to patients. In this Spotlight feature, Jesse Copelyn explores why people get hooked on codeine, and how the new project could combat the problem.
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South Africa: Surprise Comeback of South Africa's Ex-President Jacob Zuma Could Challenge ANCSouth Africa's ex-president Jacob Zuma is running a visible and noisy campaign for May's elections against his former party, the ruling African National Congress (ANC), another bump on a difficult road for the historical post-apartheid party.
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South Africa: How the Mandela Myth Helped Win the Battle for Democracy in South AfricaAnalysis - Political history scholar Jonny Steinberg's 2023 book Winnie & Nelson: Portrait of a Marriage is a double biography of South Africa's most famous political figures - Nelson Mandela and Winnie Madikizela Mandela - and their role in the country's struggle for democracy.
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