Legal expert calls for ‘balanced’ approach to BBBEE reforms

A LEGAL expert has called for a balanced view on any possible changes to the country’s Broad-Based Black Economic Empowerment (BBBEE) policies.

- SIYABONGA SITHOLE

This comes as the DA through its leader, John Steenhuisen, proposed “sweeping changes” to some of the country's pro-black policies.

During a media briefing, Steenhuisen yesterday launched the party's six-point plan to turbocharge the economy, which includes changes to the BBBEE, Land Expropriation and Employment Equity Act.

Steenhuisen slammed South Africas BBBEE policies, saying these policies have failed to uplift the most disadvantaged citizens and have instead promoted elite enrichment of politicians and their affiliates.

As a result, Steenhuisen put forward what he called an inclusive alternative to the current framework of transformation, which he said is based on need rather than race and which unlocks opportunity for all South Africans.

He said the party’s proposal will ensure affordable and reliable energy to power the economy, save the country’s network industries from collapse and ensure the government’ spending for growth, while also addressing the corruption and service delivery challenges in municipalities and the crime epidemic.