In 2003, the Broad-Based Black Economic Empowerment Act 53 of 2003 (BEE) was introduced to address the inequalities suffered by black South Africans as a result of apartheid. It was initially created to ensure an inclusive economy – but corruption is forfeiting the purpose. Sakeliga has won a series of court cases against unfair BEE practices in the past. The firm’s CEO, Piet Le Roux, joined the BizNews Power Hour to discuss Sakeliga’s most recent case against unfair BEE practices, saying, “We must judge tenders by whether they serve the end-user and not by how much profit can be made”.
Sakeliga CEO Piet le Roux on BEE procurement and the progress Sakeliga has made: