BEE Policy Under Scrutiny | South Africa’s Economic Growth Debate – Africa In Business скачать в хорошем качестве

BEE Policy Under Scrutiny | South Africa’s Economic Growth Debate – Africa In Business

Gerhard Papenfus, CEO of the National Employers’ Association of South Africa (NEASA), warns that the current Black Economic Empowerment (BEE) policy is gradually draining the country’s resources. According to Papenfus, rather than fostering broad-based wealth creation or economic growth, the policy primarily benefits a small elite while contributing to value destruction in the wider economy. He argues that BEE has fallen short in promoting entrepreneurship and upskilling large segments of the population, limiting its long-term impact. To discuss the implications for South Africa’s workforce, business environment, and economic strategy, Africa In Business is joined by Gerhard Papenfus, CEO of NEASA. A critical conversation on policy effectiveness, economic inclusion, and the future of South Africa’s growth.