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January 25, 2008

BEE in your bonnet about riches

Is excessive executive remuneration the flip side of the same coin as enrichment of a few through black empowerment?

Black economic empowerment (BEE) has become an economic and a political reality in South Africa and is here to stay for the long term as a feature in public, and for that matter, private companies. When the African National Congress was swept into power in the historic elections of 1994 it, hardly astonishingly, identified BEE as a vital vehicle for redressing the economic injustices of apartheid.

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Posted by StaffWriter at January 25, 2008 7:32 AM