B-BBEE
“The questioning of the BEE academically had made it easier for the DA to embark up this policy recommendation given the fact that the ideological gloss of the BEE is no longer there.”
B-BBEE UNDER THREAT IN MAJOR METROS Black Economic Empowerment might have had a fair share of criticism for its many flaws even among its intended beneficiaries, but there comes a sudden closing of ranks against even the minutest attempt to disrupt the transformation agenda.
14
www.transformsa.co.za
I
t is perhaps for this reason that the proposal by the Democratic Alliance that the BEE must close shop was scorned from different quarters.
The DA’s Preferential Procurement Policy Framework Amendment Act, or ‘Social Impact Bill’, submitted in Parliament in March as a private member’s bill, touched a raw nerve among transformation advocates who believe that BEE, notwithstanding its flaws, is a better evil. As a way to reverse the economic imbalance caused by pro-white apartheid economic policies that favoured, the democratic government introduced black economic empowerment policy to bring the black population into the economic mainstream. The Black Economic Empowerment Commission which initiated it
