Lack of black bosses under BMF scrutiny
09 October 2016 - 02:03
The lack of transformation in mining companies' management despite decades of empowerment deals under the sector's belt came under fire at the Black Management Forum conference this week, as did other sectors. Sipho Nkosi, former Exxaro CEO and now chairman of Talent 10 Holdings, who was speaking at the conference in Midrand on Wednesday, said the mining sector had processed more than R300-billion worth of empowerment deals over 15 to 20 years.
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