TY - JOUR
T1 - Black economic empowerment policy Durban, eThekwini, South Africa
T2 - economic justice, economic fraud and ‘leaving money on the table’
AU - Bracking, Sarah Louise
N1 - This work is a result of research carried out using funding from the Leverhulme Trust, award no. RP2012-V-041, and with funding from the Department of Science and Technology and National Research Foundation-funded South African Research Chair (SARCHi) at the University of KwaZulu-Natal. The work was assisted by Professor Michael K. Dorsey and Dr. Sithembiso Myeni (Interviewers), and Kevin Sudi, Ayanda Tshabalala, Thobile Lombo, Mbali Mthembu, Keke Lelethu, Siyabonga Ntombela, Nduta Mbarathi and Kathleen Diga. The interview transcripts are complex, detailed, personal and fascinating and I would especially like to thank the participants for generously giving their time. Thanks also to the three anonymous reviewers for their lengthy and useful comments and to Dr. Jörg Wiegratz for his extensive critical commentary.
PY - 2019/10/31
Y1 - 2019/10/31
N2 - Black Economic Empowerment (BEE) policy in South Africa is intended to mitigate the economic disadvantage of Apartheid and contribute to inclusive growth and development. This article examines perspectives of BEE by economic actors and accreditation agencies in eThekwini between 2012 and 2016. The article finds that BEE policy has contributed to building a political economy of connectivity and concession embedded in localised categorical framings of race, class and gender, where some economic fraud and corruption has taken place. However, BEE has also contributed to growing a black capitalist class which eschews political concession and identifies with market-based economic transformation.
AB - Black Economic Empowerment (BEE) policy in South Africa is intended to mitigate the economic disadvantage of Apartheid and contribute to inclusive growth and development. This article examines perspectives of BEE by economic actors and accreditation agencies in eThekwini between 2012 and 2016. The article finds that BEE policy has contributed to building a political economy of connectivity and concession embedded in localised categorical framings of race, class and gender, where some economic fraud and corruption has taken place. However, BEE has also contributed to growing a black capitalist class which eschews political concession and identifies with market-based economic transformation.
KW - Black Economic Empowerment
KW - class
KW - corruption
KW - economic fraud
KW - Economic justice
KW - South Africa
UR - http://www.scopus.com/inward/record.url?scp=85073988354&partnerID=8YFLogxK
U2 - 10.1080/03056244.2019.1644997
DO - 10.1080/03056244.2019.1644997
M3 - Article
SN - 0305-6244
VL - 46
SP - 415
EP - 441
JO - Review of African Political Economy
JF - Review of African Political Economy
IS - 161
ER -
