President Cyril Ramaphosa has appointed “a diverse and representative group of people with sector expertise” to serve as members of South Africa’s Broad-Based Black Economic Empowerment Advisory Council on a five-year mandate, the presidency has announced.
The 14-member council, to be chaired by Black Business Council chief executive Kganki Mathabane, is expected to assist the government on economic transformation guided by the Broad-Based Black Economic Empowerment Act of 2003 which seeks to empower black businesses to participate in the country’s economic development, the office said.
The members “are drawn from business, trade unions, community-based organisations and academia,” the presidency said in a statement on Wednesday.
Provincial representation, sector expertise, gender and age were among the considerations that informed the composition of the council.
The council has broad expertise in major sectors of the economy, the presidency said, adding that it has eight women among the 14 members.
NM/jn/APA