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April 13, 2009

BEE imperative if correctly designed - DA

Black Economic Empowerment (BEE) is an economic and moral imperative for South Africa if correctly designed, the Democratic Alliance said on Monday.



"BEE as it is currently constituted has created significant distortions in the economy, which have hampered growth and job opportunities without helping the poor," said MP Kobus Marais, DA spokesman for finance.

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Posted by StaffWriter at April 13, 2009 7:23 AM