South Africans are told BEE creates entrepreneurs — but how do you explain government paying hundreds of rand for cooking oil that costs about thirty bucks?
That is not entrepreneurship. That is inflated contracts, weak controls and insiders getting rich off the public.
Ramaphosa says it is a lie that BEE damages the economy. But when you look at unemployment, collapsing investment and scandals like this, the story looks very different.
BEE has not broadly enriched ordinary South Africans. It has enriched a narrow, politically connected few — and Ramaphosa is still defending it.
Stupidity has a new name ANC
Dit us die waarheid BEE veryk Ramaphosa en die ANC nie vir ons nie daarom keer hy dat dit nue miet weg gevat word nie
That’s like 1200% markup on the product!!!
My goodness!!!
And nothing going to happen
BBBEE se poes