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...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now