Corporate citizenship
How are we going to uplift the unacceptable levels of vulnerable people in our society? The Black Economic Empowerment (BEE) policy was designed to redress the economic imbalance caused by apartheid, yet, in 2019, it still has a long way to go to bring dignity to all South Africans. Social development must come from the private sector because these are different times and business and the state need to engage more productively if we want to see sustainable change. …
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Read more on The Africa ReportDepartment of Public Enterprises Should Be Planning its Own Demise
An opinion piece by Who Owns Whom’s MD, Andrew McGregor, looks at the unintended impact of giving a single minister control of the largest state-owned entities (SOEs) back in 1999. Rather than meet their mandate of inclusive growth and poverty alleviation, these critical entities became more easily accessible to outside interests with their own agenda, in turn drawing the ire of tax payers due to corruption and inefficiencies. However, they remain key providers of services, jobs and training. The solution proposed in this piece? …
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Read more on The Africa ReportSmall Business – Big Talk but Little Commitment
Who Owns Whom’s MD Andrew McGregor says that, despite president Cyril Ramaphosa reaffirming government’s commitment to promote small and medium-sized enterprises (SMEs) and create jobs, efforts to support SMEs in South Africa are uncoordinated and largely ineffective. He says SMEs don’t only need funding – they need access to market to grow and become sustainable. …
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Read more on The Africa ReportSouth Africa: We Need Sunlight To Disinfect Capital
In an article published on The Africa Report, Who Owns Whom Managing Director Andrew McGregor calls on the public to reject the questionable morality of the private sector and asks whether society should allow profits to be made from the insurance of people’s health and their lives. Similarly, he queries whether business lobby groups Business Unity SA and Business Leadership SA should broaden their mandates to peer review questionable corporate practices in order to temper the sharper edges of business. …
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