NEVA MAKGETLA: Hard to figure out what the BBBEE project is really about

Apart from taxes and possibly electricity, it is likely that broad-based BEE is the government’s most expensive policy for business. Yet it is difficult to tell what it really aims to achieve.

SA suffers from both a lack of diversity in ownership and control, and from extraordinary inequalities in pay, workplace organisation and assets. But it is not clear what BBBEE sees as the desired end-state.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

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