BEE isn't doing what it's supposed to: former ANC treasurer

September 24, 2015

Businessman and former ANC treasurer general Mathews Phosa has expressed misgivings about the ability of the current black economic empowerment policy to lead to real broad-based black economic empowerment (BBBEE).

Speaking at a conference on black economic empowerment on Thursday, Phosa did not hold back on his criticism of black economic empowerment.

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