The Economist: Race, power and money in South Africa; staggering cost of BEE

The Economist: Race, power and money in South Africa; staggering cost of BEE

Rewriting the economic script - but who pays for the new South Africa?
Published on

Key topics:

  • BEE enriches a small black elite while limiting wider economic growth.

  • Compliance costs and "fronting" create inefficiencies for firms.

  • Public opinion is divided; many see BEE as outdated and divisive.

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From The Economist, published under licence. The original article can be found on www.economist.com
© 2025 The Economist Newspaper Limited. All rights reserved.

The Economist

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