HERMAN MASHABA: BEE has failed — let’s use the job-creating tools that work
Those who want to enforce BEE more stringently are flogging a dead horse. All it has achieved is even worse inequality
There is little doubt that transformation has failed dismally — today, South Africa is a more unequal society than it was 29 years ago. Our Gini coefficient, a tool to measure inequality, rose from 0.64 in 1995 to 0.67 in 2018 despite the introduction of legislation such as BEE and employment equity. ..
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