South Africa: No Sunset Yet for BEE

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A "sunset clause" for Black Economic Empowerment led to a vibrant discussion today in the Portfolio Committee on Trade and Industry with some members feeling it is not yet the right time in South Africa to suggest this.

Chairperson of the Committee Ms Joanmariae Fubbs intervened at one point and informed members that most policies and codes of good practices were likely to be reviewed under the National Development Plan (NDP). In her view Broad-Based Black Economic Empowerment (B-BBEE) was a realistic attempt to address the challenges of South Africa's past.

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