20°C / 22°C
  • Tue
  • 25°C
  • 16°C
  • Wed
  • 26°C
  • 14°C
  • Thu
  • 17°C
  • 13°C
  • Fri
  • 14°C
  • 11°C
  • Sat
  • 15°C
  • 11°C
  • Tue
  • 21°C
  • 16°C
  • Wed
  • 26°C
  • 15°C
  • Thu
  • 27°C
  • 16°C
  • Fri
  • 30°C
  • 18°C
  • Sat
  • 28°C
  • 19°C
  • Tue
  • 28°C
  • 16°C
  • Wed
  • 29°C
  • 16°C
  • Thu
  • 20°C
  • 14°C
  • Fri
  • 15°C
  • 13°C
  • Sat
  • 18°C
  • 12°C
  • Tue
  • 24°C
  • 15°C
  • Wed
  • 27°C
  • 13°C
  • Thu
  • 17°C
  • 12°C
  • Fri
  • 15°C
  • 11°C
  • Sat
  • 17°C
  • 11°C
  • Tue
  • 28°C
  • 21°C
  • Wed
  • 24°C
  • 20°C
  • Thu
  • 22°C
  • 19°C
  • Fri
  • 23°C
  • 18°C
  • Sat
  • 27°C
  • 19°C
  • Tue
  • 19°C
  • 15°C
  • Wed
  • 19°C
  • 15°C
  • Thu
  • 22°C
  • 15°C
  • Fri
  • 23°C
  • 17°C
  • Sat
  • 30°C
  • 20°C
  • Tue
  • 22°C
  • 14°C
  • Wed
  • 28°C
  • 13°C
  • Thu
  • 34°C
  • 14°C
  • Fri
  • 36°C
  • 17°C
  • Sat
  • 36°C
  • 15°C
  • Tue
  • 21°C
  • 15°C
  • Wed
  • 25°C
  • 15°C
  • Thu
  • 29°C
  • 16°C
  • Fri
  • 32°C
  • 18°C
  • Sat
  • 31°C
  • 18°C
  • Tue
  • 29°C
  • 19°C
  • Wed
  • 31°C
  • 17°C
  • Thu
  • 21°C
  • 15°C
  • Fri
  • 17°C
  • 14°C
  • Sat
  • 19°C
  • 13°C
  • Tue
  • 19°C
  • 13°C
  • Wed
  • 25°C
  • 13°C
  • Thu
  • 24°C
  • 12°C
  • Fri
  • 24°C
  • 12°C
  • Sat
  • 23°C
  • 12°C
  • Tue
  • 31°C
  • 15°C
  • Wed
  • 26°C
  • 16°C
  • Thu
  • 22°C
  • 15°C
  • Fri
  • 25°C
  • 15°C
  • Sat
  • 18°C
  • 14°C
  • Tue
  • 17°C
  • 13°C
  • Wed
  • 19°C
  • 14°C
  • Thu
  • 20°C
  • 14°C
  • Fri
  • 23°C
  • 16°C
  • Sat
  • 29°C
  • 19°C

DA says BEE model of redress not working

The party released its draft Economic Justice Policy on Friday, which will be discussed at a policy conference on 4 and 5 April.

DA head of policy Gwen Ngwenya and other party members at a briefing on 28 February 2020. Picture: @Our_DA/Twitter.

CAPE TOWN - A Democratic Alliance (DA) policy document has found the trickledown effect of black economic empowerment (BEE) has been a huge failure.

The party released its draft economic justice policy on Friday, which will be discussed at a policy conference on 4 and 5 April.

The policy targets the vulnerable in society as opposed to elites.

DA head of policy Gwen Ngwenya said the BEE model of redress had clearly not worked and their policy called for a more bottom-up approach.

She said the draft economic justice policy was a response to the increasing economic exclusion experienced by most South Africans.

“BEE embodies a system of trickledown redress, which is an idea that if your transfer assets, positions or contracts from one elite to another, this will lead to broad-based prosperity. This model has clearly not worked.”

But Ngwenya has emphasised the policy approach was based on need and disadvantage as opposed to race.

The party will now discuss the policy in more detail when members gather for a policy conference in April.

Comments

EWN welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

- Racism (including offensive comments based on ethnicity and nationality)
- Sexism
- Homophobia
- Religious intolerance
- Cyber bullying
- Hate speech
- Derogatory language
- Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the EWN community a safe and welcoming space for all.

EWN reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

EWN is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

comments powered by Disqus