Africa Links 24 with Drikus Greyling
Published on 2025-06-02 17:00:00
William Gumede of the Wits School of Governance has said black economic empowerment (BEE) has led to increased poverty, unemployment and inequality in South Africa.
He says BEE across Africa failed terribly because it focused on benefiting a small group of connected individuals rather than a large group of people.
Gumede states that the government had asked him to conduct an assessment of BEE in South Africa.
He says it was very clear that BEE only benefits a tiny group of…
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