My understanding is that government will push ahead with B-B BEE inspite of the fact that it has failed the people, the impoverished masses.
The few “GREEDY GLUTTERS” have taken the opportunities and wealth all for themselves at the expense mof the masses. No other country in the world has spit out so many millionaires without the input of a “DIME” what utter rubbish of making the masses believe that they are all included in this B-B BEE when the few rich got RICHER and the masses swimming in debt and living in squallor conditions.
It is clear fromr esults since the legislation relating to Black Economic Empowerment (BEE) was enacted that it was doomed for failure and the few black participants who were “politically” correct but morally and socially ignored the reasons and purpose of the noble cause that was meant for all of the impoverished masses to contribute and to gain access to the economy. What has happened to developing and creating entrepreneurs, distribute the knowledge of investing and stock exchenge, developing sound social & moral principles, and increaseskills development! Are these not some of the issues that will assist B-B BEE? GREAT! Since you agree with me that you cannot put the cart before the horse by applying B-B BEE on the masses who have no access to capital, resources, and who live and will continue to live in squallor conditions! Many of the previously disadvantaged will always be disadvantaged unless they have better competent representation on the power houses regarding land distribution issues, access to legal resources, capital, investment opportunities, and entrepreneurship to list but a few. One of the “killer culprits” almost forced on the masses is the question of free access to a decent equal education. Are your universities, universities of technology accessible to “bright & competent” young adults that are striving for high quality education and certainly do not lack entrepreneurial skills, although require support from academic institutions, commerce and industry? Is the FET Colleges the answer to developing skilled and competent entrepreneurs for a growing and sustainable economy? Are the structures and infrastructures conducive to present to the country a skills profile that matches economic sectors of development! I am not convinced that we have assessed the new training and academic dispensation with the people of course, that can deliver to this wonderful nation a blue print of an exciting young and new South african talent that matches a sustainable growing economy.
Government need to seriously consider and to realise that their job is not to run an economy (they do not have the competencies), but to rather create an enabling environment in order to meet the demands on our economy.
Commerce & industry remain to be driven by the previously advantaged and are sitting quitely in waiting for government to fail in its quest of building a sound and inclusive economic and business sector. It therefore requires the competent experts in the development of human capital, the likes of the people associated with theskills portal to become proactive in meeting the ever increasing demands for skilled and competent entrepreneurs and workforce. This dynamic sector of our economy is really driving skills development, and add much more to B-B BEE. Skills Training & Development is the fundamental focus of B-B BEE as it applies the competencies to the people who will drive our economy. We need to emphasise that unless we achieve beyond the targets of human capital strategies without any barriers to development of all our human capital resources, we will beat the constraints of the real social, economic and political need of the nation. B-B BEE will remain a myth to the masses. We are all part of the market force of B-B BEE that will improve ourstake in the economy driven by competent people like yourselves and supported by all loving and caring people that the rainbow nation represents.