{"id":92286,"date":"2025-10-31T16:20:53","date_gmt":"2025-10-31T16:20:53","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/da-slams-bee-as-looting-that-benefits-only-an-elite-few"},"modified":"2025-10-31T17:08:04","modified_gmt":"2025-10-31T17:08:04","slug":"da-slams-bee-as-looting-that-benefits-only-an-elite-few","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/da-slams-bee-as-looting-that-benefits-only-an-elite-few","title":{"rendered":"DA slams BEE as &#8216;looting&#8217; that benefits only an elite few"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; South-Africa. <\/strong><\/span>The Democratic Alliance (DA) has fiercely criticised Black Economic Empowerment (BEE), arguing that the policy benefits only a small elite and is fundamentally no different from &#8220;looting&#8221;.<\/p>\n<p>Speaking during a National Assembly debate on Friday, the DA&#8217;s finance spokesperson, Mark Burke, said BEE has &#8220;nothing to do with Black Economic Empowerment&#8221; and only serves to &#8220;deny economic opportunities for South Africans&#8221;.<\/p>\n<p>The DA sponsored the debate on the urgent need to review the country\u2019s public procurement laws, arguing that the legislation must be relooked to ensure greater economic inclusion.<\/p>\n<p>Burke told the debate that the policy benefits a minority of people, thereby denying most South Africans an opportunity.<\/p>\n<p>&#8220;In this country, you need to know the right comrades. You need to be born with a billionaire\u2019s surname. That\u2019s what looting has brought us. This is what BEE has brought us,&#8221; Burke stated.<\/p>\n<p>&#8220;BEE has nothing to do with Black Economic Empowerment.&#8221;<\/p>\n<p>However, the African National Congress\u2019 (ANC) Seaparo Sekoati countered the argument, saying BEE legislation does not target only black people.<\/p>\n<p>He noted that the legislation has also benefited &#8220;white women who were also marginalised by white men&#8221;.<\/p>\n<p>Sekoati maintained that the economy would never have transformed without the Broad-Based Black Economic Empowerment (BBBEE) legislation.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">South-Africa<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Africa. The Democratic Alliance (DA) has fiercely criticised Black Economic Empowerment (BEE), arguing that the policy benefits only a small elite and is fundamentally no different from &#8220;looting&#8221;. Speaking during a National Assembly debate on Friday, the DA&#8217;s finance spokesperson, Mark Burke, said BEE has &#8220;nothing to do with Black Economic Empowerment&#8221; and [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":92284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[275],"class_list":["post-92286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-south-africa-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>DA slams BEE as &#039;looting&#039; that benefits only an elite few - South Africa<\/title>\n<meta name=\"description\" content=\"The Democratic Alliance (DA) has fiercely criticised Black Economic Empowerment (BEE), arguing that the policy benefits ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/da-slams-bee-as-looting-that-benefits-only-an-elite-few\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DA slams BEE as &#039;looting&#039; 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