Tag Archives: economic inclusion

Ramaphosa Defends BEE: Says Exclusive Ownership, Not Redress, Is Hurting South Africa’s Economy

Ramaphosa Defends BEE: Says Exclusive Ownership, Not Redress, Is Hurting South Africa’s Economy

President Cyril Ramaphosa has come out strongly in defence of Black Economic Empowerment (BEE), asserting that it is not redress policies like BEE, employment equity, or affirmative action that are throttling South Africa’s economic growth — but rather the continued concentration of ownership in a few hands. In a heated parliamentary Q&A session, Ramaphosa responded […]

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