BEE puts off investors: Moeletsi Mbeki

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Economist, Moeletsi Mbeki says affirmative action is not promoting investment in South Africa.

Mbeki has written a research article, exploring the country's political economy over the past century.Mbeki also offers some ideas on the way forward.

“BEE discourages investment. If I'm an investor overseas I have to seed 26% of my capital to a BEE partner. It's not a sustainable model. That's one of the causes of lack of investment in SA,” he said.The Sunday Times reports that the 'Gaddafi millions' may have been stashed in Nkandla. Your take on the claims?

 

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serene_yemanja You are mad

Not only investors guys. BEE makes a joke of education. Until you see them BEEs making fun of educated honest hard working ppl demonstrating what a short cut they got to riches....this needs to be checked

He must go back ask Thabo Mbeki same question maybe will give him relevant answers

He is still upset because his brother was up sit

Yes , it's not putting our country first , only the individuals. Causes money laundering, tax evasion and ultimately causes inflation FreshStart RSA

Which investors? We are tired of South Africans being afraid of these investors at our expense. We are the investors, We are the ones that must get profit

He has a point

Wa tsenwa

SOE procure at prices that far exceed the value of an item in the name of BEE. All such costs are absorbed by the economy, yet we think the economy can grow. How ridiculous!!!

BEE is the reason unemployment rate is to high in south africa, no investors no job creation or development

Agreed. The SOEs are what they are today because of the manner in which BEE is applied

After benefiting 💁🏾‍♂️

Light bulb 💡

Mbeki is spot on, the CancER wanted the 30% to take over......retrench minorities so they could not pick up on all the looting from the 30% in power. Well CancER you hace succeeded in chasing away foreign investment. So happy the International Community aren't 30%.

pakesdikgetsi

Moeltesi is a brain dead African. No wonder he’s political career never took off

The truth is Moeletsi is shallow and often a reductionist thinker. The fact that BEE has failed doesn't make it useless as a transformative policy. It can still be tweaked. The ''investors'' don't want black people irrespective of BEE or not. Tbos is better with political economy

And how dare we!

But he is also a beneficiary moes?

100% correct, but the brain dead socialists cant see the woods for the trees.

Moletsi Mbeki is just an Anal-yeast

😂

Says a beneficiary

Ignore the headline about BEE bla bla bla & watch the interview, it’s well worth it & genuinely interesting. Nothing I see in Moeletsi’s CV qualifies him as as “political economist”, nevertheless he makes interesting assertions & I always respect research based opinion 👍🏿

ESKOM.....

BEE was a front for ANC to loot.There was no need for BEE if the government focused on improving the country instead of their pockets. The same with the issue with land,it's a front for the all the top farms and urban land to be taken away and given to the thieves.

BEE is the vehicle of corruption and incompetence. 25 years later we should be employing the best person, regardless of sex or skin colour. It's the only way we will become a competitive thriving economy again

Most of these people who became rich through BEE are disgusting. Once they climb to the top floor, their noses suddenly detect a foul smell of BEE

Lotata soloko ethetha i duva most of the time..He is One of thee confused people I've ever seen just like Terror Lekota..

Well of course it would. They are accustomed to being able to employ the best irrespective of race.

This Mbeki z traitor against black people

Udlalukuthandabelungu lotata

Interesting...

Negroes described by MalcolmX. They are active in economy or politics because their white handlers have seconded them.

Spot on! BEE is the policy used by former colonizers to delay African blacks to enter mainstream economy in South Africa. Followed by CIBD which has blocked plenty black construction companies. Pre1994 blacks were successful but politicians messed up.

Unxilile lotata!

They must go be racist somewhere else then tyhini

This man is anti-black and pro-white. He is a disgrace to his father, Govan Mbeki.

BEE is a failure same thing as the land issue.

Uxoxa inganekwane

In short BLACK people puts off white investors?

The same policy he massively benefited from

where did this Mbeki came from

4 of April she was miss until now she is miss

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