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A R1-billion government incentive scheme aimed at developing black industrialists will help South Africa achieve radical transformation of its economy, Trade and Industry Minister Rob Davies said at the Black Industrialists Indaba held in Midrand this week.
Private Myengwa Beleza, a South African who died on the battlefields of France almost a century ago, on Sunday became the first black soldier to be buried alongside 600 of his white compatriots at a South African World War I memorial in northern France.
South Africa's emerging black middle class, as well as women buyers, have become increasingly important drivers of new car sales in the country, according to Standard Bank asset and vehicle finance.
Growth of black owners in South Africa's property market has more than doubled in the last 10 years, with a marked increase in female-only ownership, according to property data provider Lightstone.
Mining giant Anglo Platinum has unveiled a multi-billion rand black economic empowerment deal that will benefit communities near where the company mines, as well as communities from where it sources its labour.
Black economic empowerment is designed to ensure South Africa's economy "builds on the full potential of all persons and communities across the length and...