ActionSA leader Herman Mashaba claims the party’s IEE (Inclusive Economic Empowerment) policy will unite South Africans.
It’s one of the policies the party is hanging its hopes on come 29 May, when South Africans head to the polls.
Mashaba says IEE would replace the BBBEE (Broad-Based Black Economic Empowerment) initiative introduced in 2004, ensuring that ‘black economic empowerment happens’.
Herman Mashaba:
“Because Black, Indian and Coloured people are not poor because they naturally wanted to be poor.”
“We as ActionSA don’t want to discriminate against South Africans along racial lines, but at the same time we address the past and what the National Party practised.”
Mashaba says BBBEE has benefitted a ‘connected few’ in the political elite.
ActionSA wants to introduce a so-called ‘opportunity fund’.
Herman Mashaba:
“An opportunity fund run by professional fund managers where big businesses contribute 5% of their profits on an annual basis, and our role as politicians is to direct where this money must be used.”
“This money must be in Black, and Coloured communities.”
-EWN
In other news – RIP: Family and friends bid farewell to actor Mpho Sebeng
Ring of Lies actor Mpho Sebeng has been described as a talented young man who was eager to learn. Friends, family, and industry colleagues gathered at the Rhema Bible Church to bid farewell to Sebeng, who died in a car accident on Sunday.
The 31-year-old starred in many local productions, recently playing the character of Ceasar on the Netflix show, Miseducation. Read More
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