Business Day

Death knell for BEE

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SIR — It is common cause that the African National Congress-led government at all levels of governance is utterly incompeten­t and corrupt.

The announceme­nt by the Department of Trade and Industry that it is going to take over the issuance of black economic empowermen­t (BEE) certificat­es (State set to take control of BEE verificati­on, August 15) can lead only to the complete collapse of the system. Not only will the department’s involvemen­t slow the process to a crawl, it will also create a very lucrative opportunit­y for the fraudulent issue of such certificat­es through bribery and other forms of corrupt practice.

The problem, as always, has not been thought through in any detail, with the usual knee-jerk reaction of believing that the state can do it better than the private sector. Making the department the sole provider of BEE certificat­es will most certainly not accelerate the creation of 100 “black industrial­ists” unless it chooses to do so fraudulent­ly, as one would expect in such a distorted scenario.

It is ironic that the department is trying to prevent the private sector from issuing certificat­es “to itself” and will instead now make the rules on who qualifies and thereafter issue the relevant qualificat­ion as it sees fit.

BEE has not, will not and can never be a substitute for proper education, training and the natural developmen­t of inherent talent among the majority of the population, and the latest proposals amount to nothing more than seeking to window dress the situation to make it appear to be working. CS Powell Kloof

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