IRR wants BEE scrapped, says race-blind approach would invite investment

--:--
The Institute of Race Relations (IRR) has proposed that Black Economic Empowerment (BEE) be scrapped and replaced by a non-racial growth strategy as a means of guaranteeing empowerment.
The institute said this will see investment flowing into the country.The BEE policy is meant to economically empower black people after the injustices of apartheid and colonialism, but the institute's Makone Maja said it is not serving its intended purpose.
17 Nov 2023 7AM English South Africa News · Daily News

Other recent episodes

Ramaphosa’s response to Malema

President Cyril Ramaphosa has responded to EFF leader Julius Malema’s accusation during the debate on Ramaphosa's opening of parliament address that he is a "sellout".
22 Jul 7AM 5 min

Ramaphosa forges ahead with NHI, despite objections

In his opening of parliament address on Thursday, Ramaphosa announced that the seventh administration will continue with the implementation of the NHI, saying that he was confident of ensuring buy-in from opposing role players.
19 Jul 12AM 1 min