The Herald (South Africa)

‘BEE of no benefit’

Mantashe slams project for lack of impact on the poor

- Lulamile Feni

ANC secretary-general Gwede Mantashe has criticised the government’s black economic empowermen­t (BEE) policy, saying it is of no benefit to the millions of poor South Africans. Mantashe was delivering the keynote address during the 60th Freedom Charter lecture at Nelson Mandela’s backyard in Qunu, hosted by the Nelson Mandela Museum.

He said BEE had less impact on “the masses of poor South Africans because it creates few capitalist­s”.

Mantashe said: “It does not benefit poor South Africans like social grants and the National Student Financial Aid scheme do.

“BEE creates black capitalist­s. It does not benefit everybody because it is not a social programme.”

He said sharing in the country’s wealth had to be understood as a concept of hard work where people were assisted to access funding so that they could convert their ideas into wealth. Mantashe warned against corruption. “We must also, in the process, remove the myth of sharing in the country’s wealth being reduced to dishing out resources for consumptio­n.

“Wealth is created through hard work and involvemen­t. The BEE project has registered relative success but not enough.

“Many of our people had access to shares and only related to those companies through the dividends without involvemen­t in the operations.

“The South Africa of Nelson Mandela’s dream would be one where we take more responsibi­lity for the operations so that there is depth of knowledge about the various sectors of the economy.”

He said it was the responsibi­lity of every leader in every sector to ensure economic freedom was a reality in their lifetime.

“Key to economic freedom is access to land . . . 1913 cannot be the cut-off date as the wars of dispossess­ion were over by then, and people already had been dispossess­ed of the land by that time.

“Land will be used to banish famine and hunger and . . . contribute to food security.

“In the South Africa of Nelson Mandela’s dream, the peasants will be helped with implements, seed, tractors and dams to assist the tillers.

“We must be able to confront the challenges of poverty, inequality, poverty and unemployme­nt,” he said.

He praised the country’s social grants policy, saying social grants contribute­d positively to reducing abject poverty.

Mantashe called on the youth to avail themselves of opportunit­ies in the agricultur­al sector.

“Our young people must be attracted to this sector as entreprene­urs and workers. But be warned that it is dirty, difficult and dangerous,” he said.

The Nelson Mandela Museum is expected to hold a series of 60th Year Freedom Charter Seminars across the country.

 ?? Picture: EUGENE COETZEE ?? STRONG WORDS: Gwede Mantashe has said BEE is not effective in alleviatin­g poverty
Picture: EUGENE COETZEE STRONG WORDS: Gwede Mantashe has said BEE is not effective in alleviatin­g poverty

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