Cost of BEE quantified - 4m lost jobs; trillions in GDP. Will Ramaphosa now remove his blinkers?
A groundbreaking new report by the Free Market Foundation and Solidarity Research Institute delivers a devastating audit of Cyril Ramaphosa’s pet policy. Quantifying the true cost of Broad-Based Black Economic Empowerment for the first time, researchers reveal how it hollowed out South Africa’s economy, blocked investment, entrenched unemployment - and disempowered the very people it was meant to uplift.