It is evident from the media that the current BEE initiatives and deals occurring in south Africa do not only benefit those considered black according to section 1 of the BEE Act. The ANC government is continuously challenged and called to action to repair the damage of the experienced apartheid regime which has go away many black South Africans poorly(predicate) educated, unemployed and poor. The BEE policy aims to include those previously excluded from participating and benefiting from South Africas flourishing economy, mainly black people. One cannot fight the fact that many advantaged (i.e. not disadvantaged) blacks who were in the right position, ready directly benefitted from BEE initiatives based on their race. Government should therefore possibly focus on those who are genuinely underprivileged, irrespective of pigmentation. Introduction April 1994 label the first democratic elections in South Africa. The newly pick out government had massive giants to tackle, including the low income earned by the bulk of South Africans, lack of access to basic services and decent distribution of the factors of production (Masito, 2007, p.12). The government had to become the healer to those who were left scarred as a result of being dis-empowered and economically suppressed.
In 1994 the ANC government introduced a Black Economic authorisation policy (BEE) which according to the Department of Trade and Industry aims to advance empowerment of the previously disadvantaged and allow their participation in the economy. Governments current remedy for the economic illnesses face by South Africa is as a result of what integrity might call the Afrikaner Economic Empowerment attempt (AEE) that reigned under the apartheid regime. The AEE movement (known as Boerderbond) was a survival mechanism for South African Afrikaners to protect ethnic survival, speed up Afrikaner participation in the economy, prosperity and provide psychological security for the Afrikaner (Masito, 2007, p.1). The AEE thrived on... If you want to get a full essay, order it on our website:
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