Cyril Ramaphosa says B-BBEE will be strengthened not scrapped
DA leader Mmusi Maimane has called for broad-based black economic empowerment in its current form to be scrapped
President Cyril Ramaphosa on Thursday ruled out the scrapping of broad-based black economic empowerment (B-BBEE) policies arguing that they brought real benefits to black South Africans, women and persons with disabilities.
B-BBEE is a controversial issue in SA. The country’s main opposition party, the DA, has rejected it in its current form, saying it is being used by the ruling ANC to enrich only a few politically connected elite at the cost of job creation...