DA drops BEE calling it an unsustainable policy that only benefits politically connected

DA drops BEE calling it an unsustainable policy that only benefits politically connected

The Democratic Alliance's (DA) federal council has resolved to drop black economic empowerment (BEE) saying that policy is failing to achieve its goals.

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Gwen Ngwenya, the DA's head of policy, had already decided in July to drop the policy in favour of a broader economic empowerment framework.

Previously the DA had supported BEE but now they believe that it only benefits those with political connections and was unsustainable in its current form.

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Briefly.co.za learned that BEE has been at the heart of a fierce debate within the DA with Helen Zille and parliamentary caucus leader Lindiwe Mazibuko clashing over the policy. Zille was accused of not researching the new legislation on BEE before supporting it according to news24.com.

The party was currently working on producing a new model of broad economic empowerment to get the right people into jobs and more people working and contributing to the economy.

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Political parties are preparing to announce their plans on what they can offer the people of South Africa as the general elections approach next year.

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Source: Briefly.co.za

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