BBBEE policy is a ‘substantial burden on SA economy’, report states
But Black Business Council head Elias Monage says the report is not backed by empirical evidence
12 June 2025 - 13:43
A report shining the spotlight on the cost of BBBEE policy to the struggling SA economy has dismissed the policy as a substantial economic burden, which has resulted in reduced GDP growth and huge job losses.
Titled “The costs of BBBEE Compliance”, the report was released during a media briefing in Johannesburg on Thursday by the Solidarity Research Institute, in collaboration with the Free Market Foundation. ..
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