The DA welcomes that Parliament has been informed today that “BEE is under review” – announced by Deputy President Paul Mashatile.
Mashatile made the unexpected announcement in his reply to my oral question, about how the ANC can continue to justify and defend BEE when it only benefits political insiders at the top of his party.
44 million South Africans – majority black South Africans – live in poverty because BEE has been captured by political elites, and has done nothing to help them out of poverty into economic opportunity.
The DA will not allow this entrenched poverty to go on, enforced by failing BEE that makes insiders rich and leaves everyone else behind. The DA sees a much more prosperous future for all South Africans, if we can replace BEE together.
The DA is determined to replace BEE, with real economic inclusion for all, that is beyond reproach of political meddling. With our version of a procurement scorecard that assesses the actual means and needs of individuals, and will ensure value-for-money for public procurement, the DA’s alternative will lift millions out of poverty.
Now that Mashatile has confirmed BEE is up for review the DA’s “Economic Inclusion for All” Bill is the only current alternative to BEE on the table in Parliament, and the DA looks forward to thorough engagement on our plan.