The report suggests that turning these figures around will depend on the three Es - education, entrepreneurship, and economic growth - the only way in which real empowerment can occur, particularly for those who were disadvantaged by the racial policies of the past. Future progress may therefore come to depend less on racial policies such as Black Economic Empowerment and more on ensuring access to sound education while fostering a climate conducive to economic growth.
This refers to a report written by the South African Institute of Race Relations. For those who have not yet read the DA's Economic Inclusion Green Paper, it carries a similar sentiment. If the ANC had done only one thing properly and that was focusing on education and making it work then we'd have a fraction of the BEE and social problems we have now. If you don't look after the basics you'll never achieve anything. This argument is the gist of my presentation at the NEEEF conference in Namibia later this month.
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