FW de Klerk talks about the welfare gap

In a speech today in Switzerland, FW de Klerk, the thorny problem of the continuing gap between rich and poor in South Africa addressed.

Mr De Klerk stated that South Africa has a long and unfortunate history of the inequality. For the whole period between 1925 and 1960 the black share of personal income only 20% of the total. Then, in 1970 – due to high economic growth during the 60s and the increasing demand for labor, things began to change. Between 1970 and 1995 the black share of personal income from 22% to 38% increased and the white share of 67% to below 50% decreased. This meant that the welstandgaping for this whole period at a rate of almost 2% per year shrunk.

Nevertheless, the average income of black South Africans in 1995 still only 12.5% ​​of those of their white fellow citizens. South Africa has a Gini quotient [inequality measure] of .67 – one of the highest in the world.

South Africa has to some extent progress made to the vision of equality and justice into reality since 1994. The government has more than 3 million houses – enough to almost a quarter of the population harbor. It also has access to water, sanitation and electricity extended to 75% of households.

South Africa, however, performed poorly in promoting equality. Mr De Klerk has attributed to the continuing high levels of black unemployment, extremely poor performance in black education, and how the government has attempted to address inequality.
Only 41% of South Africans involved in the economy – compared with more than 60% in most economies. Six and thirty percent of the potential workforce and more than 40% of black South Africans are unemployed. Unemployment is the main cause of poverty and is one of the biggest reasons why South Africa since 1994, some progress made to combat inequality not. “More seriously, it means that our new constitutional democracy for a significant part of our working population – including 70% of our youth.”

Mr De Klerk said the main cause of unemployment unions who insist that they call “proper job” – that millions of people from the labor market exclusion by labor costs far above the point to place where the labor supply curve the aanvraagkurwe cross. Unemployment levels are also influenced by the effects of labor regulations – especially in small and medium-sized businesses that 60% – 70% of job creation in most economies. In addition, aggressive unions, speculation about nationalization and the load to meet broad-based black economic empowerment discourage foreign investment, which means less jobs resulting.

The second cause of the persistent inequality is the failure of the education system – especially for black South Africans. Poor education broadens the welstandgaping inequality not only because of higher unemployment caused, but also by the low wages of unskilled workers are paid.

Since 1994 – and the very best motives – the government has consistently taken the wrong decisions on almost every area of ​​education. South African learners of all ages doing poorly in comparative studies of school achievement in most countries. “In fact, we are performing worse than many other much poorer African countries. According to a recent Newsweek survey in South Africa occupies the 97th place in the field of education in 100 countries in the survey. ”

Finally, according to Mr De Klerk’s opinion, the government took the wrong steps to welstandgaping close. This excessive focus on affirmative action and black economic empowerment – which largely benefited the middle class – but almost nothing for the bottom 60% of the population.

A small number who benefited from black economic empowerment has spectacularly rich. South Africa has one of the fastest-growing middle class in the world. There was virtually no progress in low-income section of the population. “It’s like musical chairs play in the first class lounge of a pasassierskip – while those in the economic and steerage classes strictly on the lower decks are caged.”

In some cases, government policy was even promoted inequality. Unbalanced affirmative action has played a major role in the collapse of service delivery in half of South Africa’s municipalities and some key government departments. It accordingly has an adverse effect on the delivery of services to the general public had – and may thus reduce levels of equality in our society.

Mr De Klerk said that affirmative action and black economic empowerment, as it is applied fairly, have a role to play may develop greater equality within the top 20% income group. “It is increasingly clear that this is not the most appropriate ‘legislative and other measures” is to establish equality in the broader community to promote “.

According to Mr De Klerk’s government believes should rather concentrate on measures that all citizens greater access to provide decent education, efficient service – and above all, jobs.

Mr De Klerk said there were signs that the government accepted the challenge. “Under the leadership of Trevor Manuel, South Africa’s widely respected former Finance Minister, the National Planning Commission a practical and meaningful national development plan drawn up.” The plan’s two main goals are job creation and improvement in education quality. The overall objective must be to make the vision of human dignity and equality
in the Constitution to realize.

South Africa’s experience in the process welstandgaping to address the evidence that there is no easy solutions. Perhaps the most important lesson learned is that if you want to promote equality, basic human need to concentrate

• by providing proper education;
• a flexible labor market to ensure, and
• an environment for viable economic growth.


South Africans living in a country with a dominant Western culture, we are as it were vasgespin in free-liberal economic lines. And it’s a bitter irony. The miracle of our democracy is undermined by global economic forces that our economy to the detriment of the masses affected.

In essence economy the way people in relation to other available resources utilized. Look at the etymology of this word, you see it has to do with “home management”. Peeped on, then you come to the religious significance, namely “the spiritual management of the world”. Economy with responsible stewardship concerns. But the heart, the spirit, the humanity of the economy is affected. The economy is currently ruthless competition, an excessive consumer culture and major profit taking characterized. Natural and human resources are exploited in spite of legislation that the ecology and to protect workers. The ecology of the economy to (refer to eco home); ecology and economy are interdependent.

The values ​​of the dominant economic system draws more and more heterogeneous – corruption is the order of the day. The planet’s capacity to feed and sustain decreases. This is mainly due to greed, and the fierce and relentless competition to make more money. Already 350 years BC The biblical philosopher Qohelet the following about the meaninglessness of the desire for wealth said: “The man for whom money is everything, never enough money, the man whose wealth is everything, never get enough of it.” He pointed out that rich to suffer insomnia, restless sleep them because they are not sure their money is safely invested not (Ecclesiastes 5).

The liberal economy focuses on the creation of wealth – which in itself is not bad sounds. But it actually leads to an unhealthy economic balance, especially since the human factor is neglected, it is very non-physical aspects such as the psychological, spiritual and social needs that sustainable meaning in life. In South Africa the poor get poorer and the rich richer. With black economic empowerment (BEE) are disgraceful manner only a small group from the enriched black elite. Unemployment is increasing. The Gini coefficient measures inequality that material can range from 0 (completely equal) to 1 (which means 1% of the population earn 100% of income). South Africa’s Gini score was recently a very high 0.6.

The consumer culture based on competition exacerbated the situation. We send a revolution off. The geldhebbers done more wealth, while the geldloses frustration experienced in their desire for luxury which they artificially exposed (by ads). The higher the walls around properties in the cities built, the lower becomes the courage and patience of the geldloses in the townships. Aggressive growth, and protest become commonplace. We can not have the impact of the gravy train on our country’s economy and unemployment rate does not deny. The millions who some officials and sportsmen deserve to make people ill prepared.

Proponents of the so-called post-modern economy returns to the idea that economy and human sciences in the service of human development, it is earthy and be something of Africa’s rated value of humanity (Ubuntu) reflect. Compassion rather than competition, cooperation as opposed to competition earlier this the preference.

The rich results of cooperation by the great modern biology illustrated. Our bodies are a very good example of cooperation between cells and organs. While different groups of cells working in harmony, the body remains healthy. In some cancer cells usury at the expense of others, and the survival of the body at risk. Another example is the single-celled amoeba. Amoebae “eat” apart when the forest floor rich, green and succulent. Drought they typically do not like people would react, but groups “melt” as it were together and survive as a type of snail.

The Tsonga proverb “Don’t look in the mouth of the milkman” refers to the relationship between employer and employee. An employer who compete with others, of course, would not profit share – but it is shortsighted. The modern economy does not allow for the milkman to the milk milked himself to drink. A person-oriented economy based in Africa – rooted in cooperation and division – will in the long run the whole society. The proverb refers to a cooperative relationship, co-responsibility and mutual respect between worker and owner.

The economy of our country belongs to all, even to ordinary and poor people. Everyone is ordered with the case. We have heart, spirit and humanity back into the economy, so that the African sun shines on everyone, but come night!

What do you think?

Black Empowerment in a 17-year-old democracy

The “New South Africa” ​​is 17 years old this year. Next year’s matriculants was born in 1994. Our “young” democracy matriculated So basically at the end of 2012. We have a long way already since April 1994 and it was time to arguments that until recently taboo and not politically correct was, off and on the table to sit for public debate.

One of these debates is a discussion on poverty and economic empowerment. Presenter. Zuma himself on December 30, 2010 recognized that the policy of Black Economic Empowerment (BEE) redefined as: “I believe that the definition of Black Economic Empowerment has been narrowed and soon I will call on the country’s intellectual community to debate and define it. BEE is not about individuals who are busy getting tenders, it is about empowering the whole community. “He thus recognized that the current BEE policies fail to continue the disadvantaged community to lift and as part of the mainstream economy .

The “S” in BEE stands for Black, however. There is after 17 years still a perception that all poor people are black and all white people are rich. This implies that, even if the government’s policy on economic empowerment redefined, poor Africans will still be excluded.

Seventeen years after 1994, however the time has come for serious questions to the policy makers to set. One such question is whether it is relevant to all black people as “previously disadvantaged” to refer? A 17-year-old black boy in 1994 in a private hospital is born today in grade 11 in a private school, whose father was a wealthy director of a company is still a “never- not disadvantaged “, right?

In contrast, the white grade one pupil in Primary Westerlig not even a school can afford, a now-disadvantaged. The families in Sonheuwel Caravan Park, Eagle’s Nest, Ruiterwacht, the Aurora community and Danville are now disadvantaged.

Presenter. Zuma was right: The definition of empowerment is too narrow and it empowers the whole community. It is indeed time to reevaluate the policy. But after 17 years the time is ripe to talk of “broad economic empowerment” that the disadvantaged Afrikaner community includes not only “Black Economic Empowerment” is not.

However, we can assume that this topic will soon focus on the government’s agenda will enjoy.

Just as the government has a mental shift to make for economic empowerment, as we must also do more. We must also not politiekkorrekte debate on economic empowerment part of our conversations around the braai fire and even the meeting tables in boardrooms, because we are often self-amplifying the image that black people are the only persons who are economically empowered to be.

In a recent conversation with two businessmen from Witbank are about a four year old girl in the village with a cochlear implant should be given. Her single mom did not have the financial ability to pay the operation, with the result that the daughter is almost completely deaf.

Her mother said that companies, smaller companies and the mines are very keen to help, until they heard that the girl is white.

It’s not necessarily because the businessmen, the mines or the companies are not racist. In fact, many of the people themselves are white. Why would they not be willing to make a donation on the basis of a girl’s skin color?

The simple answer is that these firms do not BEE points if they can get a donation to a white girl does not.

For a time it is not appropriate for the government alone to blame it. Yes, there must be conceded that the government in the first law for Black Economic Empowerment, but we are not doing themselves to contribute to the fact that even our philanthropic contributions politically incorrect? Is not our fault that we contribute to economic empowerment is limited to the minimum requirements of a BEE code? How long will we have silently watched poor white people further and further marginalized?

Our democracy is 17 years old this year. We must also realize that poverty is not a color it. We must also make the mental shift that everything we do, even our care and help, not politically correct need be.

We must take responsibility for the young teenager called Democracy to maturity guide.

Black Economic Empowerment History


There were few black businesses of significant size in the late 1980s, and those that exist have been limited to certain areas and commercial sectors. It was actually not until the 1990s that economic change began to gain steam, so that new competitors could enter markets that previously were closed to them. Among the early examples was Metropolitan Life, MTN, Johnnic, JCI, Real Africa Investments, Kunene Bros, Worldwide African Investment Holdings and Life, which shares interests by various banks or the Industrial Development Corporation (IDC) is funded.

In light of the smaller black ownership of South African corporations, especially notarized, the Black Economic Empowerment Commission in 2000 under the chairmanship of former secretary-General of the ANC, Cyril Ramaphosa, has established an empowerment model for the future to this purpose. The picture is Ramaphosa (left) in conversation with Nelson Mandela.

From the black empowerment investments successfully appears to be almost five years to obtain the expected returns for shareholders. The success of these investments is based on the continuous focus of finding opportunities that a good asset base at attractive prices and offer value to the investment filler, often at strategic level.

According to Ernest & Young’s survey of merger and acquisition activities in 1999, the first generation of transactions, however, mainly conglomerate approach to expansion followed. This rapidly from a small beginning has grown to where over 11% of the market capitalization of the Johannesburg Stock Exchange (JSE) has won, though the beneficial ownership of no more than 4% amounts to no. The conglomerates have listed Mathomo, Molope and New Africa Investments Limited (NAIL) were included.

Because the underlying motivation of traditional white businesses to public sector tenders to get players is political ties frequently chosen as partners. The possible partners were few and they are many different companies involved. Therefore, the ability of many black empowerment partners value to conventional businesses adding limited. In addition, they were hardly relevant industry.

Simultaneously there was dedicated efforts to black ownership base to expand. One notable trend was union investment companies like the Mineworkers Investment Company that has been entered into transactions – with their large number of members in support. Specialised Economic bemagtingsvoertuie as the Women’s Investment Portfolio, also soon have a role to play early.

And financing structures are based on the assumption that the empowerment groups would add value and strong growth in the share price could contribute.


This optimism was subsequently gives way to the realization that the marketing groups ongefokus was too much to do to have lasting value add and not concerned enough at operational level.

According to a aksepbankier Nedkor Merchant Bank to a general uncertainty about empowerment transactions already exists at the dawn of the weaker stock market in 1998, when the financing structures have become money.

The enthusiasm for large-scale and skuldgefinansierde empowerment transactions have been extinguished with the breakup of JCI and the controversial resignation of Mzi Khumalo at JCI and Alliance Capital.

Ernst & Young said in his merger and acquisition overview, the value and number of empowerment transactions are still a small proportion of mergers and acquisitions included.

The value of black economic empowerment transactions as a percentage of total values ​​declined from 28% of transactions in 1995 to 9% in 1999. Simultaneously, the number of transactions as a percentage increased from 12% to 23%, their lower value reflects. This trend has probably continued in 2000.

Ernest & Young says that takeovers and acquisitions on black empowerment has quickly matured. The higher transaction values ​​in 1995/1996 reflects the awakening of the black economic empowerment process. Those transactions focused on the creation of empowerment and the acquisition of shares by members of previously disadvantaged groups. An inertia had to first overcome – a reluctance that is actually still prevailed.

Conglomerates created

Early black economic empowerment transactions, the creation of conglomerates through pyramids or N-shares with voting rights included little that since the Johannesburg Stock Exchange is prohibited. These structures were subjected to the same pressures experienced worldwide conglomerates to unbundle.

Many of the listed conglomerates they restructure, or are busy. It has the percentage of the market capitalization of the YES under black control, significantly reduced. Ernest & Young said the process more focused operations resulted, more viable.

Financiers bit reluctantly but with the current market. Transactions are thoroughly investigated, is more formal and the soon-be-rich expectations much earlier characterized the transactions, it disappeared.

Companies are looking for value, not only for empowerment partners. Especially the mining sector is a good example, where a rapid increase in small-scale black-controlled mining is seen. IT and financial services has also progressed well.

It was not just dark clouds for special financing vehicles, previously the chief means of financing were not. Some companies, such as M-Net’s Phuthuma scheme and Johnnic’s Ikageng, a total of about 19,000 small black empowerment shareholders. They had a return of 400% of the shares they received three years earlier had bought (by Ernest & Young’s corporate finance team).

The special purpose company model (SIP model) was based on “free” shares for the empowerment company, which is really no risk incurred, and the concept was that of short-term returns based on a rising share price. The 1998 bull market that preceded it, the black groups without capital enabled by large existing businesses for sale. Many have their shares after listing and selling large profits made.

After the collapse it was clear that these structures were not viable as either a mechanism for existing conglomerates or for future transactions.

Empowerment Commission

In light of the smaller black ownership of South African corporations, especially notarized, the Black Economic Empowerment Commission in 2000 under the chairmanship of former sektretaris-General of the ANC, Cyril Ramaphosa, was established. It must be a empowerment model for the future establishment.

This seems the focus of the findings of the commission the ground model emphasizes empowerment, which requires strong operational involvement. NIB said that a second wave of empowerment can take place. It will however focus on investments that add value in private, unlisted companies and financing structures that reflect it.

African Merchant Bank’s corporate finance team said the commission’s recommendations include the levels of fixed investment actively increase and the economy a boost.

Recommendations of the commission that includes pension funds of government employees 10% of their assets for three years in national priority areas to invest. It should be new investment of R20-billion have resulted. The commission also recommends that the Government of a part of his privatiseringsinkomste invest in a proposed Rural Development Agency (RDA). He also has his restructuring of state assets so that they implement local and foreign direct investment increase.

The commission believes the private sector should be the commitment to imitation. He wants the financial sector – especially the life insurance companies – have a specified and reasonable percentage of their total assets in productive investments for a certain period in areas of national interest to invest.

Empowerment Transactions

If the recent bemagtigingsaanbevelings even partially accepted, more empowerment activity expected. Despite much less appetite for empowerment transactions in 2001, it had occurred:

Tokyo Sexwale’s Platinum Mvelephanda a transaction of R240-million with Anglo Platinum entered into – ironically the old SPV model which is still the ideal mechanism for companies in the mineralesektor that much cash down. The transaction gave Mvelephanda 17.5% of Northam Platinum concern. The transaction also allows Mvelephanda its share to 22.5% increase and he Northam with Anglo management. The good platinum price Northam has ensured that its earnings in 2000 was more than doubled.
South Africa’s largest empowerment bank in October 2000 formed when Nedcor his People’s Bank FCB Fidelity (the bank that he’s out curatorship saved) united and agreed to 20% to a black consortium to sell for R260-million. A further 10% to 15% will soon other empowerment shareholders sold. The new People’s Bank has assets of R8-billion and one million customers.
The catering company Fedics showed how an unsuccessful SPV in a new financial structure can be transformed. Although he was a successful empowerment company, its share price collapsed under sustained selling pressure due to the few tradable shares. The SPV model is dependent on growth in the share price to debt to repay.
In March 2000, Ethos Private Equity, together with the empowerment groups and Nozala Siphumele, Fedics delisted. The deal ensures long-term ownership of the empowerment partners.
Kunene Bros has a joint venture with Glen Rand MIB incurred by an effective 10% in that company acquired in a transaction that R100 million is estimated, with an option for a further 10%, respectively.
The empowerment group Eyesizwe Coal is South Africa’s fourth largest steenkoolmyngroep after some Anglo Coal and Ingwe Coal’s best assets acquired for R360 million. The new company will be 18 million tons of coal per year to produce, of which 14 million contract to Eskom delivered – about 14% of its demand. Gold Fields has about 5 million tons of crude reserves in the transaction cast.


During 1999, several conglomerates black controlled radically restructured.

Johnnic its transformation into a focused telecommunications, media and entertainment group completes. M-Cell and its subsidiary, Mobile Telephone Networks (MTN) under the effective control of Johnnic landed from MTN – one of the stocks with the largest market capitalization on the YES – a black empowerment company.
New Africa Investments Limited (Nail) has transformed from a conglomerate into a focused financial services company whose operations around Metropolitan Life rally.

Worldwide African Investments has 20% of South Africa’s largest petroleum company, Engen, obtained after its subsidiary Zenex a month before sold to Engen. Worldwide has also involved financial services by a share in Ernest & Young to open and a joint venture with him to start.

New age

Empowerment has now entered a new era and the remaining groups have realized the need for a proper asset base to build – they did. They now look more transactions with fewer management and operational focus in their chosen sectors. These groups have made tough decisions to operations restructuring to a more significant role to play and real value to add.

What is Black Economic Empowerment

The concept of Black Economic Empowerment (BEE) by the Commission for Black Economic Empowerment is defined as an integrated socio-economic process in South Africa’s transformation plan is integrated. Its purpose is to redress the imbalances of the past attempts to restore the ownership, management and control of South Africa’s financialand economic resources to the majority of its citizens across. The goal is to participate in thebroader economy by black people to ensure sustainable development and progressachieved. Black Economic Empowerment is required by law and BEE companies must beset in their organizations. Enterprises can implement BEE or not to implement and aconsiderable amount of business away, or even before legal action is coming.


The South African Constitution justify certain forms of discrimination. By the end of apartheid in 1994 and the beginning of majority rule, the management of large enterprises in both the public and public sectors largely in white hands. It was a serious imbalance as whites for about 10% less than the entire population of South Africa together, which meant that the country’s economy actively by a terrible small community control. BEE aims to the South African economy so that they transform the demographic composition of the country.

BEE is more aimed at benefiting blacks. Rather it is affirmative action that provoked the most criticism from opponents against discrimination. The South African government still considers both strategies as essential to the development of South Africa in a prosperous state and it is also one of the official goals of the ruling party, the ANC, have been established.

Minister Nkwinti on land reform

Nkwinti Minister in his budget vote speech made it clear that the government’s approach to land reform is going to change radically. Although the Minister has given an indication of government thinking about a new dispensation will only uncertainty out of the way can be when a green paper on land use for public comment soon be available.

A strategy document from the Department of Rural Development and Land Reform, the last two weeks of wide concern about the government’s commitment to the Constitution’s provisions on ownership data. The amendment of Article 25 of the Constitution as an option called the nationalization of land would make possible. Nkwinti Minister in his speech this possibility away but it still made clear that the state is restricted to private land considered.

“Apparently there is a perception that there is surplus agricultural land in commercial farming and other’s hands that can be used for redistribution and black economic empowerment. On the one hand refers to units larger than is reasonable or economic units to land that is not productive for agricultural purposes, “said John Moeller, president of Agri SA.

Moeller has undertaken with the government on the economic conditions underlying trends as to those of farm sizes, engage, in anticipation of the green paper by the Minister in the pipeline is.

“Unless the protection and support base of agricultural change, the use of scale size is the only way for sustainable competitiveness and profitability. Furthermore, the security value of land and the added value obtained as a result of investment and productive employment, a cornerstone of a market economy and business confidence. Agri SA thus place a premium on respect for private property as a starting point for economic prosperity for farmers as entrepreneurs, workers and consumers provide the best option, “said Moeller.

He Nkwinti Minister’s pragmatic commitment to the fundamental changes to land to go, welcome. Yet he worried that ideologically driven interference in the land market easily trust and investment negatively with long-term negative implications for agriculture as voedselprodusent and employer.

SA new depths of racial madness

In an outrageous decision to the tragi-comic frontier, the Constitutional Court today ruled that Chinese “black”, and therefore may benefit from the legalized looting of other assets known as black economic empowerment (BEE).

Let me put this ridiculous decision in perspective: people often born South Africans, people of goose and all another continent, people often do not have any native language, but only Cantonese or Mandarin speak, is in addition to birth South African Chinese in the future over whites benefit because they believe are “black”.

Go to the Chinese in the queue for empowerment when concessions for perlemoenontginning handed out?

Whites whose families often have for generations lived on the continent’s status as second class citizens again confirmed by this outrageous court ruling. Whites who have never harmed any black, must also defeat dig in favor of the new yellow blacks. White children born since 1994, who never in their lives benefited from any racial legislation, the poor whites who conk out in the white squatter camp next to the Krugersdorpdam, natives of Africa will have to stand back for native speakers of Cantonese.

Can we expect new kinds rassekwalifikasies will be introduced to the Taiwanese born black to describe? Will the ANC regime some testing, in addition to the pencil test, devised to determine whose Eastern eyes pulling enough to qualify for “black” economic empowerment?

It was as if whites in a Kafka-piece trapped, which the regime’s insane racism itself compel any person as black categorize, as long as he was born a white South African citizens and especially an Afrikaner is. I would not be surprised if Sweden blonde with pale features to honor blacks would be declared under the Scandinavian country’s generous funding of the current regime’s terrorist acts in the past.

The question is how long this intolerable situation whites will suffer. There must surely come a point when we stand up and refuse to continue as second class citizens to be trodden. Check rassewaansin of ANC rule the seeds of an uprising among Afrikaners plant, one that was completely avoided?

Namibia on the right track with black economic empowerment

ALL fishing companies in Namibia today is Black Economic Empowerment companies, while the country’s five largest mining houses they already in the process of economic change.

The news about the state of Black Economic Empowerment (BEE) in Cape Town by the Minister of Mines and Energy, Dr. Nickey Iyambo, where he made the concept of empowerment of people who were previously disadvantaged, strong defense and preached.

According to the minister is BEE not discriminatory in nature and not an obstacle or danger to economic stability in Namibia.
Dr.. Iyambo during a banquet of the African Mining Partnership (AMP) at the Cape Town International Convention Centre said such empowerment is a balanced approach aimed at the economic empowerment of the entire country.

“The concept must be seen as an attempt to create a broad-based socio-economic approach in place aimed at redressing inequalities created by the previous apartheid system in Namibia,” Dr. Iyambo the distinguished audience of political, financial and economic leaders from across Africa and the world informed.

The dinner Sunday night was the precursor to the 2005 Indaba of the office this morning in Cape Town kicks off Thursday and will end.

The AMP last year in South Africa launched the mining and minerals initiative of the New Economic Plan for Africa, NEPAD. Namibia represents the region of the Southern African Development Community on the executive committee of the partnership.

Dr.. Iyambo the meeting informed that Namibia in 2000 in visserysektor started with BEE who was known as socio-economic empowerment.

“At the moment there are 153 fishing companies, all BEE implemented. There is today not a single foreign vismaatskappy in full control.

“It is a fact that 95 percent of the companies fully controlled by Namibians,” he said.

In respect of mining companies in the country, Dr. Iyambo said the biggest mining houses, NamDeb, Ongopolo, Rosh Pinah, Skorpion and AngloGold Ashanti is already in various stages of progress with the implementation of BEE.

“Debates on BEE is currently the central stage in Namibia’s economic discourse. For us, economic empowerment is an integral part of Namibia’s process of transformation to the redistribution of wealth and opportunities to encourage for previously disadvantaged communities and individuals, that workers , youth, women, rural communities and people with disabilities include.

“Within the Namibian context refers BEE to empowerment that seeks equal participation for all those Namibians who were excluded on the basis of race, ethnic origin (skin) color, political beliefs, disability or social status of shareholding ownership, control, decision making and participation the risks and benefits arising from economic activities, institutions and other economic and social partners, “Dr. Iyambo said.

Despite the fact that Namibia does not yet have legislation which BEE has to take place, supported the Namibian government, according to him the desire to ensure that it is an important catalyst in the future of the country economy. Therefore there is a need for the Government, the private sector and other economic stakeholders conversing about economic transformation that empowerment on a broad front as many citizens reached.

“We know that Black Economic Empowerment should be seen as a process of people’s choices and opportunities to broaden and thus they are able to make their own future and landing in a sustainable way possible. Black Economic Empowerment should be welcomed be, given the historical context of the country as a viable vehicle to liberate Namibia from the economic problems of stagnation and poverty. “

Black Economic Empowerment: Opportunity or disaster?

Although South Africa has one of the most ethnically divided countries in the world, we have the unique opportunity to sample the best in the world of a win-win situation, especially when it comes to land ownership.

“One must be careful with history. If you are the past and its lessons ignored, you soon end up in trouble.

While we can not forget the past, we are ultimately challenge the following: “How can the opportunities of the present and future use, and catastrophes and conflict prevented?”

There is one lesson from history that we should not ignore: In countries where an ethnic majority took over political power and the economic power in the hands of the ethnic minority remained, the ethnic majority of their political power also their hands on the economic power to impose – through nationalization, confiscation or just the basics.

There are only a handful of countries with an ethnic diversity, where a win-win negotiations, especially when it comes to land ownership.

South Africa has the unique opportunity to sample the best in the world of a win-win situation is – if we are one of the most ethnically divided countries in the world.
The answer is acceptable and sustainable black economic empowerment – which is something completely different selective enrichment is black. It is simply strategically and morally essential that people in ethnically diverse societies also shared economic interests and values ​​must have peace, prosperity and freedom to experience. Who all want to keep for themselves run the risk losing everything.

Within the business sector over black economic empowerment above expectations. During the first phase, it is primarily about black control gone – for example through majority shareholding by black people. Some black owned companies went well as the empowerment of Sanlam action with Metropolitan Life.
Some other companies controlled by blacks came, things went sour.

These failures, sadly as it was good medicine. These people brought to realize that good business is not dependent on color or race is. Black people do not realize that successful business people simply because they are black, but because they are good business people.

The second phase of black empowerment had the idea of ​​a partnership between black and white focused – an idea that many decades ago by dr. Anton Rupert during an African National Economic Congress is propagated, but dr. Hendrik Verwoerd scuppered.

Dr.. Rupert’s argument was: co-existence and sharing creates shared interests and values ​​of peace and stability in the future guarantee.

The business sector is alive and through partnerships across ethnic boundaries. One of the largest partnerships in the mining industry – with an African and an Afrikaans-speaking black entrepreneurs involved – just seen the light. And Rembrandt and Medi-Clinic is working on a partnership in the private healthcare sector in many ways remarkable.

A third phase of black economic empowerment has been making good progress: the empowerment and involvement of communities, or the sharing of economic benefits at the community level.

This phase of empowerment includes the following: training and sharing skills; poverty reduction, the provision of housing, services and facilities, paying liveable wages, lifting operations and social responsibility programs.

The motive of this phase is short and succinct: It is the right thing to do, because it ensures that there is still tomorrow and tomorrow will be business.

In agriculture, there are already examples of beauty, especially the second and third phases of empowerment – more in some parts of the country. In other parts there is less or none.
An audit or registry of black economic empowerment in agriculture is probably planned. The spotlight on black economic empowerment in agriculture will in foreseeable time been sharper.

It is important to note that this is simply not going to be more black-owned land, which the first phase of black empowerment is. That money also. But it is not just about mere land. What the Government is concerned, it is about productive land, particularly the market-driven agriculture.

How dealt with this phase and must be managed, is no longer only a matter of Government policy. Organised agriculture will have to come up plans – not bankruptcy-farming of our hands, but to unlock value.

I think that in respect of phase 2 and phase 3 that the actual plot the future of agriculture, will be deurgehak.

Includes a man with agriculture all the industries in which agriculture associated, then there will be – that black economic empowerment credentials – shoving hard-heads. A win-win situation not clear contours start taking it.

It must be strongly emphasized: Agriculture is not just for economic reasons not important. This is a key dimension in our society when we talk about social stability, food security and rural development. Farmers – or rather, agri-entrepreneurs – are still the backbone of a developing country.
Sustainable black economic empowerment must be “ten commandments” meet:

  • The business has potential for unlocking value and value-addition have.
  • There must be a commitment to a shared vision and values ​​to be.
  • We need mutual confidence and motivation to be.
  • Participants must understand that they are interrelated.
  • The partnership for all parties benefits, with a collective will to the business plan to work.
  • Risk should be shared.
  • The partnership as a long term commitment is considered.
  • Exaggerated expectations must be well managed.
  • Values ​​such as accountability, transparency and sustainability should prevail.
  • We need interactive and supportive leadership, which coupled with good communication.
  • What it is, is this: How to build a sustainable human understandings and trust platforms that our descendants’ future to be assured?
  • Prof. dr. Willie Esterhuyse is a visiting lecturer at the Graduate School of the University of Stellenbosch.