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  • It’s a Wize move with Pula Capital

    • March 16, 2018
    • Posted by: Abongile Silonga
    • Category: Black Economic Empowerment
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    Innovative B-BBEE investment firm Pula Capital (the investment arm of LRMG) has acquired a majority stake in business improvement consulting company, BizWize Consulting (BizWize). BizWize helps businesses optimize the way they do things by assisting them to focus on the things that matter and add value. They achieve this by applying innovative techniques using data

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  • It’s Game On for B-BBEE with Pula Capital

    • February 22, 2018
    • Posted by: Abongile Silonga
    • Category: B-BBEE Deals, Black Economic Empowerment
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    Innovative B-BBEE investment firm Pula Capital (the investment arm of LRMG) has acquired a majority stake in performance coaching company, Game On Performance Solutions (Game On). Game On helps improve employee and leadership performance to enhance customer experience through game plan design, innovative sports coaching methodologies and performance coaching software. It counts many well-known South

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  • Pula Capital and Empowerdex BEE Breakfast Seminar

    • July 23, 2017
    • Posted by: Abongile Silonga
    • Category: Black Economic Empowerment
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    Innovative BEE investor Pula Capital Partners held their first public and well attended B-BBEE briefing in partnership with Empowerdex on 25, April 2017, at Kelvin Grove in Newlands, Cape Town. Close to 50 companies got to understand how companies go through the verification process under the new (2013) B-BBEE codes, how the new legislation affects

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  • Why BEE deals fail and is there a better way?

    • July 23, 2017
    • Posted by: Abongile Silonga
    • Category: Black Economic Empowerment
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    BEE deals

    The graveyard of BEE deals is huge and this is sad.Based on an examination of many of these deals over the past 15 years or so, I think the reasons are fairly simple as to why many of them have failed and they tend to share similar characteristics. Typically, the reality has been that the

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  • New procurement rules bring big opportunities for small BEE businesses

    • July 23, 2017
    • Posted by: Abongile Silonga
    • Category: Black Economic Empowerment
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    New BEE based procurement rules for government will take effect in April 2017. There are actually huge opportunities for BEE Qualifying Small Enterprises (QSE’s) as the 80/20 threshold has changed, meaning that the weighting is now 20% for procurement up to R50m instead of just R1m as before, i.e. with a high BEE score you can now advantageously tender

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  • New BEE ownership needn’t be so scary

    • July 13, 2017
    • Posted by: Abongile Silonga
    • Category: Black Economic Empowerment
    No Comments

    The new B-BBEE codes are here and many businesses will have to find a Black shareholder if they wish to maintain their BEE status and benefits at anywhere near the level they currently enjoy. Whilst many will acknowledge that transformation has to happen in South Africa in order to grow the base of participants in

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