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...

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