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Study shows that Corporate SA engaged in malicious compliance and gate-keeping to keep blacks away from the table

September 3, 2015

THE Black Management Forum has bemoaned SA’s lack of transformation and co-produced a study with financial services firm Deloitte to prove its point, it said in Johannesburg.
The forum, considered a staunch champion of transformation, also decried the fact that “this country doesn’t look like us (black people) … we are worried”.

The forum would use the findings of the study, Transformation Barometer, to agitate for more change in government, the private sector and elsewhere, it said.

Corporate SA, according to the barometer, engaged in malicious compliance and gate-keeping to keep blacks away from the table.

In addition, the country’ s poor education system continued to trip up blacks.

Deloitte’s Sandile Gwala said the country was far from being transformed and the research was necessary to confirm this.

The forum said that the country needed to shift away from ticking boxes adding that “companies half-heartedly comply (with transformation requirements)”.

Forum president Bonang Mohale said that the forum would devise a master plan based on the study’s findings, which it would release soon.

Labour law consultant Tom Healy said: “One area that needs attention (in terms of transformation) is employment equity. If companies looked more at quality, then transformation could happen at a quicker pace.

“It has become all about points and status.”

Economist Azar Jammine said that he agreed with the forum calling on businesses to take more responsibility for the development of skills as this was what would lead to “true transformation”.

Mr Jammine also said there was a need for a coherent industrial policy, a point that was also raised in the barometer.

“The policy should be relooked at completely,” said Mr Jammine.

He added that, so far, policy only focused on a handful of sectors and big businesses.

That emphasis was a shame because smaller entities employed many people.

The barometer focused on four sectors: agriculture, mining, manufacturing and financial services.

In the financial services sector, the study found that there were too few black managers because many whites were either the owners or sole practitioners of small firms.

Although the mining industry demonstrated a high level of transformation, the study found that it had many junior black managers.

Manufacturing required more transformation at top, senior and middle management.

In 2012, a JSE study found that black investors held 9% of the top 100 listed companies.

This year, the Presidency and the Department of Trade and Industry put the figure at 3%.

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One Comment
  1. the problem that we are facing today are more bigger than apartheid under the ANC and the leadership of Jacob zuma we face with many proplems, we can only blame the ANC for not solving our proplems in the country, bad leadership will always destroy the country,

    Like

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