The ANC-led government has implemented BEE policies for more than a decade now. Shockingly, instead of creating jobs and growing the economy, BEE has had the opposite effect. Today millions of South Africans from disadvantaged backgrounds are jobless and cannot pursue their dreams.
It is no surprise that the majority of South Africans feel that BEE has failed them. This is the one instance where ANC politicians turn a blind eye to the “lived experience” of South Africans. Here are five ways in which BEE is hurting South Africa’s economy – showing why it should be replaced with a non-racial empowerment policy.
In order to achieve prosperity, South Africa has to get rid of BEE policies. The five reasons discussed above show that these policies are detrimental to our country. South Africa is yet to see an empowerment policy that will help the disadvantaged man and woman; at the moment it has an empowerment policy that favours only those who are part of the elite class in South Africa.
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