JOHANNESBURG – South Africa’s Black Economic Empowerment policy codes are set to change to become more inclusive and easier to understand.
eNCA spoke to consultants BRAW Transformation Outsourcing for their take on the industry.
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South Africa suffers from a shortage of entrepreneurs. With the Brics summit of the Brazil, Russia, India, China and South Africa business communities fresh in our minds we recall that the country most similar to ours in its problems with economic development is Brazil.
And yet Brazil creates far more entrepreneurs per head than South Africa does. Why is this? A key culprit is black economic empowerment (BEE).