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ARTICLE · 18 DECEMBER 2024

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Will The GNU Change The Future Of BEE?

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South Africa recently celebrated its 7th democratic general elections, a milestone highlighting three decades of democratic progress.

South AfricaGovernment, Public Sector
Nadia Nassiep
Nadia Nassiep
Ali Sonday
Ali Sonday
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South Africa recently celebrated its 7th democratic general elections, a milestone highlighting three decades of democratic progress. Over the past 30 years under African National Congress (ANC) rule, South Africa has transitioned from policies favouring the minority to an envisioned all-inclusive legislative framework. In 2024, the Broad-Based Black Economic Empowerment (B-BBEE) policy also marked its 20th year since implementation – a system aimed at creating an equitable platform for black empowerment and generational wealth for citizens classified as Black, Coloured, Indian, and Chinese. However, there is ongoing speculation about the effectiveness of B-BBEE in achieving its objectives of equity and equality and whether it remains appropriate after three decades.

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