The Black Management Forum wants black representation to be one of the JSE listing requirements for companies. The forum wants transformation to be thrust into the spotlight again, with corporations unable to escape their obligations. BMF president Mncane Mthunzi said the organisation wanted its proposal to be slotted into a gender parity policy that the JSE is drafting. "If you can come up with a policy on gender, you should be able to come up with a policy on race." Mthunzi said discussions with the JSE were continuing on the BMF proposal. The JSE should set the threshold for compliance and encourage companies to disclose their performance on gender- and race-based metrics. JSE CEO Nicky Newton-King was not available for comment at the time of publication. story_article_left1 Although companies were increasingly complying with governance and environmental requirements, they were lagging behind on social matters, Mthunzi said. "Study after study suggests that those companies who ar...
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