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July 10, 2009
WHERE TO FOR BLACK ECONOMIC EMPOWERMENT?
BEE may have to navigate choppy waters as funding shortages and political neglect threaten the participation of blacks in the economy, writes Thebe Mbanga
There are two tidal waves moving together threatening to wash out black economic empowerment (BEE): volatile markets and political neglect. Without a strong market, deals will collapse; without strong political support and a champion, there's no watchdog to ensure the rapid transfer of wealth into black hands.
Posted by StaffWriter at July 10, 2009 7:09 AM