DR ONKGOPOTSE JJ TABANE | Quite frankly why has BEE failed?
Its downfall is a combination of the private sector's unwillingness to transform and failure to monitor implementation
10 July 2023 - 20:53
Last week the Black Business Council hosted a summit at which the 20-year fortunes of Black Economic Empowerment were assessed. It is clear, on balance, that from what was intended by the legislators — the empowerment of the previously disadvantaged — the policy has, quite frankly, failed. The trouble with its failure is that it has now triggered a false debate about its necessity instead of properly analysing what the fundamental causes of its failure are...
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