Straight-talking Dawie Roodt says penny finally dropping on BEE, labour legislation and job losses

Straight-talking Dawie Roodt says penny finally dropping on BEE, labour legislation and job losses

Economist Dawie Roodt says BEE has bred billionaires not empowerment, unions are strangling growth, and the state is breaking its pact with citizens.
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South Africa’s economic chickens are coming home to roost. Economist Dawie Roodt warns that Black Economic Empowerment has enriched a politically connected elite while leaving the majority trapped in poverty. He says powerful trade unions are pricing workers out of jobs and strangling productivity, while the state is failing in its most basic duty to keep citizens safe. For Roodt, the penny is finally dropping - South Africans are waking up to the link between bad policy, job losses, and a shrinking economy.

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