Black Economic Empowerment (BEE) policies cost South Africa around 3% of its GDP every year in compliance costs and lost economic activity. This translates into an absolute cost of around R226 billion a year, using the latest GDP data from the Reserve Bank. As a result, BEE is a significant cost to the broader economy, with it being increasingly unclear what South Africans receive in return for this cost.

Black Economic Empowerment (BEE) policies cost South Africa around 3% of its GDP every year in compliance costs and lost economic activity. This translates into an absolute cost of around R226 billion a year, using the latest GDP data from the Reserve Bank. As a result, BEE is a significant cost to the broader economy, with it being increasingly unclear what South Africans receive in return for this cost.

Sam Busa

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