But economic liberalisation in the 1990s again boosted inequalities. Economic liberalisation benefitted mostly the affluent class. The theory of the so-called ‘trickle down’ effect did not work.

Only South Africa’s elite benefits from black economic empowerment – and COVID-19 proved it Published: September 4, 2022 6:50am EDT Casper Lӧtter , North-West University ...

Black Economic Empowerment (BEE) has become one of the most high profile strategies of African National Congress (ANC) government. Yet BEE has also become highly controversial, critics arguing ...

What sets South Africa’s approach apart, the President noted, is its flexibility and innovation—particularly through the ...

“Your partnership and dedication to economic empowerment and community development continue to make a profound impact,” Hughes said in presenting the citation to Riddick at the VestedIn Opportunities ...

Leon County’s Black business community has long championed economic empowerment. In the early 1990s, Charles Cyrus and Frank Williams Florida Developers Inc. of Tallahassee —one of the state ...

Black Economic Empowerment was initially introduced by former South African president Nelson Mandela in the 1990s, as one of his government’s policies. But in 2003, it was revised and changed to ...