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November 13, 2008
'BEE fails to create jobs'
IN THE same week that GijimaAst has been awarded a top empowerment rating by Empowerdex, the listed ICT company's non-executive chairman, Robert Gumede, has criticised BEE deals that empower a handful of people but do not create enough jobs.
Gumede said: "BEE, as we know it today, has not really created the much-needed jobs and entrepreneurs, as black business is only focused on buying minority stakes in white companies, without hands-on involvement.
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Posted by StaffWriter at November 13, 2008 8:22 AM