EU investors have expressed concern about SA’s black empowerment policies, saying the cost of implementing them has affected the bottom line of many businesses.

Broad-based Black Economic Empowerment (BBBEE) is  contentious in SA. The DA, the country’s main opposition party, has rejected it in its current form, saying the ANC is using it to enrich a few of the politically connected elite at the cost of job creation and investment...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.