BEE is killing the economy and must be ditched
The enrichment of a small black political elite fostered a culture of corruption, using political connectedness rather than merit to generate wealth
25 May 2025 - 00:00
South Africa must reset BEE by cancelling the current version, which has only enriched a handful of people politically connected to the ANC. The so-called “political capitalists” never started a genuine business or managed one, and often set up “companies” simply to secure state contracts or resource licences and BEE shares in the private sector...
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