ON THE SPOT
Ebrahim Patel’s thoughts on BEE, a state bank, empowerment and other issues
Trade and industry minister emphasises how an efficient Eskom lies at the heart of any meaningful development for SA, including its prospects in the new free-trade area
Former trade unionist Ebrahim Patel, who is now in charge of the combined trade and industry, and economic development portfolios, spoke to Business Day about various issues, including black economic empowerment, electricity prices, the controversial issue of a state bank and intra-African trade:
You said recently black economic empowerment (BEE) needs a rethink, what did you mean?