News - Black empowerment ‘needs review’
Thursday, February 21st, 2008South Africa’s programme to open ownership of the country’s firms to black investors needs to be reviewed, finance minister Trevor Manuel says.
Mr Manuel told the Financial Times that both “good and bad, cynical and genuine” black economic empowerment (BEE) deals had been done.
BEE is meant to correct apartheid-era event extremal finance insurance modeling by making […]