South Africa aims to improve black empowerment scheme - Reuters ...News

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South Africa aims to improve black empowerment scheme - Reuters
source : Russia Today ( News ) () 44
The system has reportedly failed to address the country’s persistent inequality, which is considered the worst in the world The director of South Africa’s flagship black economic empowerment program has announced plans to introduce measures, including fines, in order to meet its goals. The policy, which has been in place for decades, aims to tackle the widespread inequalities that the country inherited from the apartheid era. Tshediso Matona, head of the Black Economic Empowerment Commission (B-BBEE) made the comments in a report that Reuters published on Monday. The South African government passed the empowerment

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