'BEE only benefitting top 15%'
Research indicates that BEE is only benefitting roughly the top 15 percent of the black working population.
CAPE TOWN - New research indicates that Black Economic Empowerment is only benefitting roughly the top 15 percent of the black working population.
The findings are reflected in a new book titled 'Bee helpful or hurting,' by head of policy research at the Institute of Race Relations, Anthea Jeffrey.
Jeffery says the majority of black working population is under the age of 35. She says this means many do not have the necessary skills for top management positions.
Her research has found 85 percent of the black population does not benefit from BEE.
"For the great majority of people, many whom are unemployed and under-skilled simply have no chance of benefiting from that."
Jeffery adds BEE is not helpful in redressing apartheid past inequalities.