Devon Pather
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/ 26 May 2004

Beware BEE charter obsession

Despite the obvious benefits of black economic empowerment (BEE), corporate South Africa has not been actively engaging in the process of transforming the ownership and management of South Africa Inc. As a result it has become necessary to draw-up empowerment charters — even though any system of coercion is not ideal. We need to move from scorecard compliance and embrace empowerment.