Mashatile: BBBEE is not a failed policy; must be implemented more rigorously
submitted 12 months ago by Lthabo1999
submitted 12 months ago by Lthabo1999
- Deputy President Paul Mashatile believes that broad-based black economic empowerment (BBBEE) has been successful and should be enforced more strictly, emphasizing that it is not a race policy but a transformative law that has led to more black-owned companies in key sectors.
- Mashatile stated that BBBEE is crucial for empowering those historically disadvantaged and that scrapping the policy would be akin to reverting to apartheid, asserting that it is not to blame for slow economic growth and high youth unemployment in the country.
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