Cape Town, South Africa — Deputy President Paul Mashatile has called for renewed national focus on strengthening Broad-Based Black Economic Empowerment (B-BBEE) legislation, emphasising that economic transformation cannot stall at a time when inequality remains one of the country’s most pressing challenges.
Mashatile, addressing a B-BBEE Advisory Council meeting, said government intends to sharpen the implementation of empowerment policies to ensure that Black South Africans benefit more directly from economic growth. He highlighted persistent structural inequalities, limited ownership participation and slow transformation in strategic industries as areas requiring urgent intervention.
According to Mashatile, the B-BBEE framework remains a key tool for shifting South Africa towards inclusive and shared prosperity, but its impact depends on effective enforcement, credible monitoring and eliminating loopholes that enable fronting or superficial compliance. He said government would intensify oversight measures, improve coordination between departments and strengthen reporting mechanisms.
The Deputy President also noted that transformation efforts must support emerging entrepreneurs, boost procurement opportunities for Black-owned businesses and accelerate skills development. He reaffirmed that empowerment policy is not designed to burden businesses, but to create a more competitive, equitable and sustainable economy over the long term.
Mashatile said government would soon announce further steps aimed at tightening legislation, boosting regulatory capacity and ensuring greater accountability across both public and private sectors.
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