Lusanda Bill
04 October 2013
The Democratic Alliance on Thursday
said the South African Broad Based Black Economic Empowerment codes need a
broader approach.
A two day summit to look at these
codes is being held in Johannesburg
President Jacob Zuma while
addressing the summit said we are yet to see the growth of black industrialists
despite government's aggressive focus on boosting the manufacturing sector.
DA MP of Trade and Industry Wilmot
James said the codes will be gazetted on the 11th October without
any further public consultation or parliamentary input. We believe there has to be a last chance to
fix the codes.
Wilmot added that the codes overall
are not a bad start but there are areas that worry us because what it does not
do is empower black South Africans on a broad base and we really need to change
it.
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