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Durban Launch of Icembe Medical
The Mercury Social Network
13 April 2005
At the launch of a new BEE company, Icembe Medical, at the Beverley Hills Hotel in Umhlanga were Choco Mhlambi (left) and Kelvin Johnson, Managing Director Smith & Nephew |
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Also attending the IcembeIcembe Medical launch were (from left) Dr Sbu Mhlambi, Managing Director of Icembe Medical, Zinhle Zulu, Kenneth Abrahams and Ray Buthelezi, all from the Icembe Medical management team. |
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Queen Thandi Zulu presents the MEC with
flowers at the Durban launch of
Icembe Medical
Johannesburg Launch of Icembe Medical
Speaking at the Johannesburg Launch of Icembe Medical Medical earlier this year, Director of Black Economic Empowerment at the Department of Trade and Industry, Polo Radebe, praised the Icembe deal for its broad-based approach to B.E.E. She said: |
| "The preoccupation with B.E.E. has been around ownership. For B.E.E. to be sustainable, government is promoting a broader approach rather than the narrow focus on ownership. By a broader approach, we mean a process that looks at not just ownership but whether black people are involved at an executive management level, whether black people are operationally involved, whether opportunities are being given to aspirant black suppliers and whether employment equity plans are in place and are implemented. B.E.E should be much more than just one company getting a stake in another." |
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