BEE is not corruption, says finance minister Enoch Godongwana

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 59%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Minister of finance Enoch Godongwana on Wednesday took offense to a spirited attack on BEE by MPs during a debate on his budget vote.

“Corruption is a glaring problem but it is unfortunate that the opposition links that purely to BEE,” said an irate Godongwana. “Let us take corruption basically as something South Africans across the board must fight. Once you associate corruption with BEE then those of us who support BEE find this difficult because corruption is corruption — let us deal with it as that.”

Godongwana’s rant came after DA’s Dion George classified BEE as “nothing but a failed economic model of BEE designed to make a few politically connected cronies rich while everyone else remains in poverty”. Wessels fired: “It has rather created a few multibillionaire cadres of the ANC and has left millions of South Africans poor.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Should be SA empowerment?!!!!¥¥¥

BEE might not equate to corruption but it certainly serves as cover for corruption. The other point is that the government seem very efficient in creating tender millionaires while the same cannot be said about the eradication of poverty and squalor among the masses.

No it’s corrupt so in implementation 😀😀😀😀😀

BEE in principle is correct. Unfortunately with corrupt cadres it's only for the politically connected.

It is CORRUPTION as ONLY ANC members are employed, and they are all Bantu that has no EDUCATION.!! They don't commit theft secretly, they do it openly as they are too Dumb to do it under the Table.

you spell offence wrong :P

lol VoetsekANC

Ah askies bathong...o tla ba sharp neh? Truth hurts I know.

Its corruption

B.E.E is revenge

Only the corrupt would say that. They stick together

BEE was the very foundation of the entire state capture project.Eskom has become its monument.Only beneficiaries of this corruption deny it.

BEE was torpedoed by big business and replaced it with FRONTING! Thecsame applies with AA. The opposition parties do not even know how to redress colonial economic exclusion and seem not to appreciate black forgiveness & reconciliation

🤣🤣🤣🤣🤣🤣

It enables corruption

Lol o no it is not

Of course he would

Even the blind see other wise!😔

He’s right it’s not. The idea/ principle of BEE is necessary, it’s application however leaves a lot to be desired.

Under the new dawn anc it is corruption.

South Africa South Africa Latest News, South Africa South Africa Headlines