24 Mar 2013

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    During apartheid African, Indian and coloured people were systematically excluded from meaningful participation in the country’s economy. The main goal of BEE (Black Economic Empowerment) is to rectify the one-sided effects of the years of apartheid, which benefited white South Africa. BEE’s strategic aim is also to promote economic growth and development. In more than 16 years, BEE has achieved many successes in correcting the imbalance and promoting economic growth. While a number black billionaires have been created, the majority of black South Africans have not yet benefited. It is now felt that since Zuma ousted Mbeki in Polokwane, BEE has become ZEE (Zuma Economic Empowerment). Some examples are Duduzane Zuma, Jacob’s son in the multibillion-rand Arcelor-Mittal BEE deal and his nephew, Khulubuse Zuma, who has amassed oil resources in the Democratic Republic of Congo.

    Zapiro’s cartoon shows Jacob Zuma agreeing that more people should benefit from BEE but he has run out of relatives.

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    One Response so far.

    1. Mathe says:

      True…the more we open up to BEE, we run out of rights!!!

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