Black Economic Empowerment

Black Economic Empowerment (BEE) is a programme launched by the South African government to redress the inequalities of Apartheid by giving previously disadvantaged groups (black Africans, Coloureds, Indians and some Chinese) of South African citizens economic privileges previously not available to them. It includes measures such as Employment Preference, skills development, ownership, management, socioeconomic development, and preferential procurement.

Read more about Black Economic Empowerment:  Rationale, Legislation, Scorecards, Exemption, Criticism

Famous quotes containing the words black, economic and/or empowerment:

    Personality is the glitter that sends your little gleam across the footlights and the orchestra pit into that big black space where the audience is.
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    The idealist’s programme of political or economic reform may be impracticable, absurd, demonstrably ridiculous; but it can never be successfully opposed merely by pointing out that this is the case. A negative opposition cannot be wholly effectual: there must be a competing idealism; something must be offered that is not only less objectionable but more desirable.
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    Power can be taken, but not given. The process of the taking is empowerment in itself.
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