Significant numbers of whites benefit from BEE – Brian Molefe

Blacks need to work harder in order to work

Just imagine, 22 years since the fall of apartheid, a black graduate is 3 times more likely to be unemployed than a white South African who has never set foot in a university. A white child has a 33% higher chance of passing high school than a black child. And despite the government recently pumping an additional ZAR5bn into tertiary education, the number of black students in universities fell by 10,000 in the last matriculation cycle.

No equality, no stability

Put simply, economic apartheid is the struggle of our generation and it is imperative we address the incendiary inequalities that persist as a consequence. Failure to do so puts South Africa’s future stability at risk.

Brian Molefe argues that South Africa needs to recognise that:

Black Economic Empowerment Cartoon Credit: Zapiro
Who in Power? Black Economic Empowerment.

Make your voice heard

Regular readers of this blog will recognise these arguments, as we have published the numbers behind them countless times. We therefore can only agree with his conclusion:

“Clearly, the economic power in South Africa still resides, in the main, in the hands of those who benefited from apartheid. In other words, it is still in white hands.”

Is this the South Africa you hoped the post-apartheid era would bring? Let us know in the comments, or tweet us @Voetsek_SA.

5 thoughts on “Significant numbers of whites benefit from BEE – Brian Molefe

  • December 19, 2016 at 7:38 am
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    It’s not White MONOPOLY Capital, it’s White INTELLECTUAL Capital. Whites don’t monopolise it, they’re just better at generating it. The empirical evidence is world-wide, not just in South Africa.

    Reply
  • December 19, 2016 at 11:55 am
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    I disagree I don’t know of a business that has not been negatively affected by BEE, black or white owned.
    The truth is that BEE only helps the already rich or super rich get richer.
    The people who live in poverty will never benefit from such a corrupt policy.

    Reply
  • December 20, 2016 at 7:56 am
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    I have experience in the area – it is not simply fronting – it is blackmail by Black companies who cannot do the job. They get assurance of a government tender in advance and approach a White company for a partnership – the White company has to do the job, and the Black takes half the overcharged tender.

    Reply
  • December 20, 2016 at 6:34 pm
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    BEE has devastated many white people who are now unable to apply for jobs. The truth is there are over 100 white squatter camps around krugersdorp and north of Pretoria. In addition white people now make up only 6% of of the population. The white birth rate so low this percent is dropping. Why do the 94% have to make BEE laws to protect themselves against a tiny 6%. My mind boggles.

    Reply

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