ANDILE NTINGI: State’s empowerment plan weighed down by corruption and politics
BEE has increased inequality. The government should rather create an enabling environment for businesses
31 March 2020 - 15:42
Widespread corruption is often flagged as one of the main threats to successful implementation of broad-based BEE (BBBEE) policy.
For years, politically connected people and their business associates have used the policy as a Trojan horse to enrich themselves. These days you will be hard pressed to find people who dispute the reality that corruption has compromised implementation of BEE, which has led to the policy delivering a mixed bag of results since its introduction more than 20 years ago...
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