‘BEE’s been focused on empowering individuals, not creating jobs’
Business, labour, economists & academics are taking part in the Gauteng Economic Indaba in Sandton.
JOHANNESBURG - Business leaders at the Gauteng Economic Indaba say Black Economic Empowerment (BEE) hasn't created many jobs because it's been focused on empowering individuals.
Business, labour, economists and academics are taking part in the Gauteng Economic Indaba in Sandton.
Business Unity South Africa President Jabu Mabuza says black business people have gained from BEE but haven't been able to create sufficient jobs.
Mabuza says the focus must be on growing black industrialists in manufacturing.
The Federation of Unions of South Africa General Secretary Dennis George says when growth is achieved, businesses must open up and share the gains of increased productivity with workers.
Both business and labour have agreed they have a role to play to reignite an inclusive growth path for the province.