BEE costs South Africa R1.15 trillion annually
Black Economic Empowerment Implementation Comes at Massive Fiscal Cost Recent research by the Free Market Foundation (FMF) and the Solidarity Research Institute (SRI) reveals that South Africa loses approximately R1.15 trillion in annual tax revenue due to current Black Economic Empowerment (BEE) policies, largely through exempted income, preferential procurement, and associated inefficiencies. By Daily Investor […]
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