Business In The News South Africa

Black Business Council to hold long-awaited election for new leadership

JOHANNESBURG, August 6 – The Black Business Council (BBC) will on Tuesday hold its long-awaited elective national council meeting to elect new leaders to the top structure of the embattled organisation. BBC is the over-arching confederation that represents black professionals, business associations and chambers. The organisation which was co-founded by billionaire Patrice Motsepe, has not had […]

Business In The News South Africa

Black Business Council tries to intervene on behalf of VBS Mutual Bank

JOHANNESBURG, March 12 – The Black Business Council (BBC) said on Monday that it notes with serious concern events that culminated in the placing of the troubled VBS Mutual Bank (VBS) into curatorship by the South African Reserve Bank (SARB), and that it was engaging all relevant stakeholders to find an amicable solution. SARB Governor Lesetja Kganyago announced on […]

Business In The News South Africa

Black Business Council says Eskom CEO musical chairs doesn’t inspire confidence

JOHANNESBURG, October 9 – The Black Business Council (BBC) said on Monday that it was concerned by the sudden change of leadership at state-owned power utility Eskom, saying that government must give the enterprise some space and not meddle in its affairs. This comes after Eskom last week appointed its chief information officer and group executive for […]

Business In The News South Africa

Black Business Council meets to discuss leadership crisis at Eskom

JOHANNESBURG, October 9 – The Black Business Council (BBC) is meeting all its national office bearers on Monday to address the parlous state of leadership at Eskom. On Friday Eskom appointed its chief information officer and group executive for information technology, Sean Maritz, as its interim group chief executive in a “rotational basis” of the executive role. “The decision […]