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