Bloomberg reports that whites, who comprise about 8% of the population, hold more than 68% of top management positions, while blacks, who make up more than four-fifths of citizens, hold 14%.  

This was revealed in the Department of Labour’s Commission for Employment Equity (CEE) 2017 annual report which was released on Tuesday.  Men hold 78% of top positions, according to the report.  Labour Minister Mildred Oliphant said that government had fined 21 companies and planned to penalise more for failing to comply with laws that compelled them to employ more black citizens to help reduce inequality.  Half the companies that were penalised are listed on Johannesburg’s stock exchange.  Oliphant added:  “We are seriously considering approaching the president to enact the more punitive.  This will give the Employment Equity Act real teeth and will bite where it hurts the most, and that is, designated employers’ revenue.”

• Read this report by Aarti Bhana in full at Fin24
• Read too, Companies fined for violating Employment Equity Act, at Business Report
• And also, Mildred Oliphant wants more stick and less carrot in Employment Equity Act, at BusinessLive

Get other news reports at the SA Labour News home page