The Democratic Alliance DA has called for the scrapping of Black Economic Empowerment BEE, saying it has killed jobs, promoted corruption and benefitted politically connected individuals.
Briefing the media at its headquarters in Bruma, East Rand, the party has unveiled details of its Economic Inclusion for All Bill. It proposes that measures be put in place to wind down the BEE Commission over 12 months and calls for the removal of references to BEE across all the countrys legislation.
The DA's Head of Policy Mat Cuthbert says the partys Economic Inclusion for All Bill aims to replace years of ineffective African National Congress ANC empowerment policies, which the DA contends have left the vast majority of South Africans unemployed, impoverished, and hopeless.