Author and founder of Democracy Works Foundation Professor William Gumede wants black economic empowerment (BEE) to be reformed to benefit community organisations.
The government has been urged to reform the black economic empowerment (BEE), to empower community organisations and social enterprises directly instead of enriching a politically connected few.
Outgoing chairperson of ActionAid South Africa Professor William Gumede said the policy should be remodelled, adding that the current BEE private sector deals, largely empowers politically connected politicians, trade unionists and civil servants.
Gumede is an award winning author and founder of Democracy Works, the Little Black Book, a directory of Black professionals and entrepreneurs.
He said the policy also benefits politically connected trusts, business and deal-makers of all colours.
