A leading development economist, Dr. Nthabiseng Moleko, has asserted that South Africa's economic recovery depends on strengthening Broad-Based Black Economic Empowerment. The National Empowerment Fund chairperson argued that the policy is vital for correcting historical inequalities and fostering inclusive growth. She pointed to the more than 12.6 million citizens currently excluded from the economy as a central challenge.
Dr. Moleko emphasized that the framework should evolve beyond creating a small elite, focusing instead on widespread justice and sustainable development. She called for businesses to actively reinvest and generate equitable opportunities for wealth distribution. This approach, she contended, is necessary for building a fairer society and achieving shared national prosperity.
Dr. Moleko emphasized that the framework should evolve beyond creating a small elite, focusing instead on widespread justice and sustainable development. She called for businesses to actively reinvest and generate equitable opportunities for wealth distribution. This approach, she contended, is necessary for building a fairer society and achieving shared national prosperity.
