-
ANC President Cyril Ramaphosa.
African National Congress (ANC) President Cyril Ramaphosa says Black Economic Empowerment (BEE) is rooted in the Constitution. He was responding to questions from the media in Soshanguve on Tuesday.
Ramaphosa says he has not yet seen the Democratic Alliance’s proposal to scrap Black Economic Empowerment (BEE) and replace it with the Economic Inclusion for All Bill.
This comes as the DA called for BEE to be scrapped, labelling it a vehicle for state-sponsored corruption and a failure in addressing the country’s deep-rooted inequality.
Ramaphosa says anyone who wants to amend this legislation must go through the necessary parliamentary processes.
“Currently, we have a BEE policy, a BEE policy that is rooted and underpinned by our Constitution, and the laws that we have passed. So, if anyone wants an amendment to the BEE legislation, they must table their proposals, they must be taken for discussion in Parliament, and at the moment the BEE policies, legislation, regulations as they stand, apply without any dilution whatsoever,” says Ramaphosa.
VIDEO | President Ramaphosa comments on recent developments in the country:
