BMF Johannesburg Branch

17/02/2018

The BMF Young Professionals Development Programme develops Young Professionals to be independent thinkers, problem-solvers and leaders of their industries. For more information contact Leswene at [email protected] or call 011 784 4407.

14/08/2017

Reminder: This week on Wednesday, 16 August, Johannesburg hosts 'Black Participation in SA's Investment Universe'. Etienne Nel will share with us how ZAR X, SA's newest stock exchange will accelerate black participation. Langa Madonko will discuss the future of BEE transactions and activity in Private Equity space and Pumla Molope will share insights on the participation in Fund Management.

To RSVP - https://form.myjotform.com/72144801062547

07/08/2017

Wednesday, 16 August we host an esteemed panel to discuss challenges and opportunities regarding 'Black Participation is South African's Investment Universe'. Join us!

To RSVP - https://form.myjotform.com/72144801062547

16/11/2016

Tomorrow evening we ask CEO of UBank and CEO of VBS Mutual about the banking sector in South Africa, issues around Emerging Banks and what it takes to to build and sustain a black bank.

07/10/2016

Celebrating 40 years of changing the Transformation landscape

19/09/2016

BMF Annual Conference _ "Making Transformation a business imperative" 5 -7 October 2016 at Gallagher Estate, Midrand Johannesburg.

17/09/2016

17/09/2016

Corporate Governance Training BMF JHB in conjunction with PWC

17/08/2016

BMF AGM_3 September 2016

26/04/2016

PRESS RELEASE. (for immediate release)

THE BLACK MANAGEMENT FORUM (BMF) CALLS FOR AN EMPLOYMENT EQUITY TRIBUNAL

26 April 2016

The Black Management Forum (BMF) is calling for tougher measures to be enforced in the form of fines and penalties for companies that continuously fail to comply with the Employment Equity Act. “Corporate South Africa has done as it pleases and without consequences for disregarding the Employment Equity Act. This is disrespect for the rule of law.” said the BMF President Mr. Mncane Mthunzi.

It is totally unacceptable that the statistics for top management levels of Corporate South Africa are still sitting at these high numbers for White people. The economically active population (EAP) representation vs. the workforce in Top Management for Africans are 77.4% vs. whites who are only 9.9% yet, the workforce at Top Management for Africans is 14.3% and Whites are 68.9%. An even more worrying phenomena presented by the CEE report as released yesterday is that the Skills Development funding allocation is seemingly largely spent on the same overrepresented White male grouping. 41.7% of the Skills Development funding has benefited White Males in top management and ONLY 16.7% towards African males at the same level. The picture is no different for women at the same level depicting a 13.4% skills development funding towards White females vs. 10.7% for Africans.

The industry charter councils are not helping in making progress and it is about time they are disbanded as they are not adding value in the transformation landscape. “The charter councils are not helping as they have their executive and senior management levels at 60% targets for blacks when the EAP is 90%.” said Mthunzi.

It is clear that the lack of transformation within companies is due to lack of willingness to transform by Corporate South Africa as the report reveals that there are 41.2% Professionally qualified Africans vs. 38% for Whites and yet these statistics do not find expression in the recruitment and promotion patterns of companies. The report reveals that promotion opportunities still favour Whites at 55.2% vs. 22.2% for Africans and same for recruitment opportunities which reflect 52.1% for Whites vs. 27.6% for Africans.

“We are stagnant, particularly when it comes to top or executive leadership positions. There are a number of gatekeepers within corporate SA that are not aligned to the national project of a non-racial, non-sexist democratic country. They don’t understand the rationale and the bigger picture of what needs to be done to achieve the much needed socio-economic transformation for a more progressive South Africa. I hope these figures are a wake-up call to the legislators, whose policies are ineffective in driving change. It is about time that they come in and give some strategic intervention,” said Mthunzi.

- ENDS -

19/04/2016

PRESS RELEASE (for immediate release)

BLACK MANAGEMENT FORUM (BMF) APPLAUDS THE RECENT APPOINTMENT OF SIYABONGA GAMA AS GROUP CEO OF TRANSNET

19 April 2016

The Black Management Forum (BMF) which is at the forefront of transformation in Corporate South Africa is delighted with the recent appointment of Mr. Siyabonga Gama to the position of Group CEO of Transnet.

“Mr. Gama’s appointment into the position of Group CEO of Transnet comes as no surprise as he has been the clear frontrunner for the job and possesses both the expertise and experience. Transnet is one of the key stakeholders of the Black Management Forum and we are confident that given Mr. Gama’s commitment to transformation, the company will continue to push boundaries and making strides in its transformation endeavors“, said Mncane Mthunzi, President of the BMF. The BMF wishes Mr. Gama well and would like to pledge our continued solid support towards his appointment and his anticipated success.

- ENDS -

For more information contact:

Kelebogile Machaka
083 725 6547
[email protected]

22/02/2016

If you were unable to join us for the BMF Gauteng Provincial Lecture on Friday 19th February, with keynote address delivered by Minister of International Relations, Maite Nkoana-Mashabane, follow the link below:

Forum hears blacks need ownership to participate in economy