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September 7, 2008

Integration of economies is not the answer for all

Black economic empowerment (BEE) analyst Duma Gqubule once commented that the current BEE initiatives were designed for the first economy.

He further elaborated that the BEE codes of good practice were a social accounting system measuring the impact of BEE initiatives. He correctly pointed out that the people who would largely benefit were those that were employed or ran their own business.

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Posted by StaffWriter at September 7, 2008 7:31 AM