Professor Phinda Madi’s “Black Economic Empowerment – 20 Years Later – The Baby and The Bathwater” is the third book in a trilogy.
Madi is the first black author to have written on the subject of BEE.
In “Black Economic Empowerment – 20 Years Later – The Baby and The Bathwater” he argues that the time for a review of BEE has come.
The book features conversations with industry leaders such as Tito Mboweni, Richard Maponya, Sandile Zungu and Vusi Thembekwayo, amongst others.
Scroll down for quotes from the audio below.
We took our eye off the ball is what I argue in the book.— Professor Phinda Madi
We are trying to create a strong, black entrepreneurial class.— Professor Phinda Madi
Herman Mashaba feels it’s time to abandon BEE altogether. But I believe it will be premature to go non-racial. You can’t address the effects of Apartheid by being colour-blind. I do, however, understand Herman’s concerns.— Professor Phinda Madi
I propose Black Economic Enablement - a truly paradigm shift. The emphasis should be on the creation of black entrepreneurs and black small and medium sized businesses.— Professor Phinda Madi
Government must remove obstacles en route to creating black entrepreneurs.— Professor Phinda Madi
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