Black Economic Empowerment (BEE) is a programme launched by the South African government to redress the inequalities of Apartheid by giving previously disadvantaged groups (black Africans, Coloureds, Indians and some Chinese) of South African citizens economic privileges previously not available to them. It includes measures such as Employment Preference, skills development, ownership, management, socioeconomic development, and preferential procurement.
Read more about Black Economic Empowerment: Rationale, Legislation, Scorecards, Exemption, Criticism
Famous quotes containing the words black, economic and/or empowerment:
“There are those who believe Black people possess the secret of joy and that it is this that will sustain them through any spiritual or moral or physical devastation.”
—Alice Walker (b. 1944)
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