Today with the President Of RSA......

Today on 20 August 2019, President Cyril Ramaphosa convenes the first Presidential Coordinating Council (PCC) meeting in the 6th Administration at the Union Buildings in Pretoria. Your truly was in attendance....

The PCC is co-chaired by the President and Deputy President David Mabuza, and attended by Minister in the Presidency and the Ministers of Cooperative Governance and Traditional Affairs, Finance and Public Service and Administration, along with Premiers, Executive Mayors, Directors-General and the leadership of the South African Local Government Association.

I READ WHAT I LIKE: White Fragility by Robin DiAngelo.

"White privilege" can be thought of as unstable racial equilibrium". When this equilibrium is challenged, the resulting racial stress can become intolerable and trigger a range of defensive responses. Robin DiAngelo defines these behaviors as "white fragility". What are you reading? #transformation #bbbee #murason See link for more details: https://www.linkedin.com/posts/nelson-sebati-pr-ead-b-bbee-aaaa1516_transformation-bbbee-murason-activity-6470723802216038400-4gYd

B-BBEE NEWS: IN TRUSTS, WE DO NOT TRUST....

The B-BBEE Commission, the authority that monitors compliance with South Africa’s empowerment legislation has declared that most transactions involving broad-based BEE trusts are not compliant with the law as the trusts are not genuine and effective Black Ownership. The Black Economic Empowerment Commission has written to dozens of companies informing them of the need to rectify their ownership structure and undergo reverification of their BEE status or face investigation for fronting…… BEE Trusts in most instances benefit the people that set them up and the people that work for them i.e. White People. SHARE your stories below!! #transformation #murason #bbbee See link for more information: https://www.linkedin.com/posts/nelson-sebati-pr-ead-b-bbee-aaaa1516_transformation-murason-bbbee-activity-6527310327154040832-OiSY

THE DISEMPOWERMENT OF EMPOWERDEX....

I once lost a client (that shall not be named) because I strongly disagreed with how Empowerdex Cape Town was endorsing a long-winded and convoluted ED consultancy that delivered no real benefits to small black business i.e. +/- R2 million worth of diverted grant funding through an eerily complex structure with back-to-back contracts unnecessarily abusing the Modified Flow Through Principle. They issued this white-owned ED scam with an ED Recognition Certificate and then came back to verify the same information at the client via their Johannesburg branch…..Needless-to-say, I appreciated the client’s business, but I didn’t need it so I was happy to let them go on principle. I think Gobodo should call me, I feel like "Agrizzi-ing", LOL.… Sanele Kweyama anda twala Georgina Hlalele Duncan de Groot Do you remember the incident? #transformation #bbbee #murason #Empowerdex See the link for more details: https://www.linkedin.com/posts/nelson-sebati-pr-ead-b-bbee-aaaa1516_transformation-bbbee-murason-activity-6524256610016063488-uUBD

CARTE BLANCHE EXPOSES BEE-EASY'S B-BBEE FRONTING ON MNET

This is the problem with the “WHITE-WASHING” of B-BBEE. I will be honest, in my experience, 75% of where the Consultants are White there is FRONTING. When called in usually by a concerned Executive or Dissenting Director, I always have to unbundle these fronting schemes, inform the clients about the risks of fronting and educate them about how proper B-BBEE compliance can support their business growth and sustainability goals through a “Conscious Capitalism” approach. This sham claims to be supported by Nashua on its website. See link for more details: https://www.linkedin.com/posts/nelson-sebati-pr-ead-b-bbee-aaaa1516_bbbee-murason-transformation-activity-6531526347372666880-LYxT

B-BBEE NEWS: Annual B-BBEE report

This just in: The B-BBEE Commission has released the annual report on the national status and trends of broad-based economic empowerment for the calendar year 2018 as required by the B-BBEE Act, which report shows that only 43% of the JSE listed entities and 10% of the organs of state submitted their annual compliance reports as required, with the majority clearly failing to comply. This year’s report shows no significant change in the levels of transformation with black ownership reflecting a decline to 25.2% black ownership from 27% in 2017 and management control still sitting at 38% for black people.......... https://lnkd.in/dY7crB4 ..........TIME FOR THE GOVERNMENT TO CRACK THE B-BBEE WHIP!!! #transformation #bbbee #murason #diversityandinclusion See link for more details: https://www.linkedin.com/posts/nelson-sebati-pr-ead-b-bbee-aaaa1516_transformation-bbbee-murason-activity-6552278374721572864-5wHs

2019 B-BBEE amendments are good for business

The increase from 40% to 50% on procurement spend from 51% or more Black-Owned companies is GOOD FOR BUSINESS. Just in our portfolio of clients alone that represents almost R1 Billion in new supply chain opportunities for Black-Owned Businesses. #transformation #bbbee #murason #diversityandinclusion ...... Small Black-Owned Businesses "go and capitalise on this"

See link for more information: https://www.linkedin.com/posts/nelson-sebati-pr-ead-b-bbee-aaaa1516_transformation-bbbee-murason-activity-6554320556764741632-WKwS