IRR seeks allies in MKP, EFF to stop elite-enriching BEE policies funnelling billions to super-rich

After quantifying how the ANC’s BEE policies are nothing more than a way to legally funnel at least R150bn a year into politically connected elites, the Institute for Race Relations is building allies across traditional political aisles. The IRR’s Makone Maja says the MK Party and the EFF have formally stated their opposition to status quo and receptive to replacing BEE with something that actually uplifts SA’s poor - like the country’s leading think tank’s alternative which it calls Economic Empowerment for the Disadvantaged (EED). Maja explained to BizNews editor Alec Hogg how this initiative could kill the destructive status quo.