EFE-EPA
Former Public Protector Thuli Madonsela says there is a need to rethink the current Broad-Based Black Economic Empowerment (BBBEE) model.
She believes it has reinforced white supremacy, instead of undermining it. For family-owned businesses, BEE (Black Economic Empowerment) is bizarre because you are forcing a family-owned business to now have an artificially black partner, and I think that the model must be discussed. Support independent journalism Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism. Subscribe
NFT Summit to Bring Together Leading Global NFT Ecosystem theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.
South Africa has been struggling for decades, but the government’s launching of the ‘Black Economic Empowerment’ program took things to a new level. Jaco Booyens, who grew up during apartheid, joins Glenn to paint a terrifying picture of South Africa’s current crises from race quotas on kids’ sports teams and mandated black ownership for businesses to a near 30 PERCENT unemployment rate.
But the what he describes sounds oddly familiar to the steps being taken here thanks to the Great Reset and our far-left leadership. So, is South Africa’s terrifying nightmare about to hit the U.S.? Booyens says his home represents a PROTOTYPE for what Americans should expect next…
JUST IN | Government interdicted from paying out any businesses from its R1 2bn Tourism Equity Fund news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.