It has become painfully apparent since 1994 that BEE and transformation in general are two sides of the same coin. Both were intended to improve the lot of the disadvantaged majority, but both have failed them.

Almost without exception, previously successful institutions or functions of government have collapsed, are dysfunctional or at best are largely ineffectual. These include the majority of municipalities, public health care, education, crime prevention, water and sanitation, the economy, postal services, Eskom, SAA, Denel, the SABC, Prasa, Cricket SA, the SA Football Association, road safety, the defence force, small business development, land reform and mining...

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