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South Africa

South Africa Forum/Politics

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Treasury rejects calls to scrap B-BBEE amid GNU friction over economic growth

ewn.co.za/2026/0...

submitted about 2 months ago by Lthabo1999

Treasury rejects calls to scrap B-BBEE amid GNU friction over economic growth

submitted about 2 months ago by Lthabo1999

Treasury rejects calls to scrap B-BBEE amid GNU friction over economic growth
  • Finance Minister Enoch Godongwana believes that instead of scrapping Broad-Based Black Economic Empowerment (B-BBEE), there should be an honest discussion about its flaws.
  • He argues that while the policy has empowered some, it needs to be critically analyzed to address any unintended consequences rather than being dismissed outright.
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