SOUTH AFRICA’S DIRE SITUATION
These are the policies which are stopping our people from making money:
BEE
Only an elite well-connected few have benefitted from BEE and many remain poor and many unemployed. This is because BEE pays insufficient regard to efficiency, since it focuses on appearances, and so the best people, black or white, are often not given the job, and the job may not be well done, and the business may collapse, or those who work for the business may earn less, or lose their jobs. If the business does not grow no new jobs are created. The administration of BEE is a costly waste.
GENDER REPRESENTATION
If there is a man, black or white, better suited to a job than a particular woman, she may get the job. But because he was better suited the job may not be as well done and the business may fail, or not do as well, and then there may be less jobs.