
Duma
Gqubule
Founder of CEDT, Financial Commentator & Analyst
CEDT Founder & Economic Development Consultant.

Biography
ProfessionalBiography
“Broad-Based Black Economic Empowerment is not just a policy requirement—it is a macroeconomic imperative for structural stability.”
CEDT founder Duma Gqubule has spent the past two decades as a financial journalist, analyst, advisor and consultant on issues of economic development and transformation. As a financial journalist, he wrote extensively about economic policy and the pioneering black companies such as New Africa Investments Limited and Real Africa Investments Limited during the mid-1990s. His work was recognised and he later worked for the BEE Commission, chaired by Cyril Ramaphosa, South Africa’s current deputy president. He was co-author of the commission’s landmark report, which was presented to former president Thabo Mbeki in 2001, after consultations with stakeholders over a period of 18 months. The historic report paved the way for the country’s current BEE laws and policies.
He was also involved in landmark national and enterprise economic transformation initiatives and worked for numerous organisations in the public and private sector. These include the Department of Transport (senior policy advisor), the City of Johannesburg, Business Unity South Africa, the South African Mining Development Association and many large private companies. He was appointed by the Department of Trade & Industry to serve on a panel to evaluate the impact of the global financial crisis of 2008 to 2009 on BEE transactions.
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Media Coverage
MediaCoverage

DUMA GQUBULE: BEE still makes economic and social sense
Business Day · 2025-09-02
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DUMA GQUBULE: Bank must stop trying to bully SA into 3% inflation target
Business Day · 2025-08-05
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DUMA GQUBULE: Treasury and Bank to blame for ailing economy, joblessness
Business Day · 2025-03-04
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