DA’s position on economic empowerment
6 August 2018
At the last Federal Council of 14-15 July, the party discussed and considered a range of ideas on how we can begin to grow the economy and broaden access to economic empowerment for those previously locked out of opportunities.
It is clear that the ANC’s model of Broad-Based Black Economic Empowerment (B-BBEE) has failed dismally. It has doomed millions to the despair of unemployment, and has serially enriched a politically connected elite.
The DA is, therefore, seeking ways to broaden economic inclusion for those that have been previously and deliberately excluded by virtue of race, but also gender and disability, to name but a few.
Our goal is to advance the empowerment of disadvantaged South Africans, the majority of whom are black. Therefore, the DA unequivocally supports the empowerment of black South Africans.