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Johannesburg - The DA doesn’t want black economic empowerment, party federal chairman Wilmot James said on Tuesday.
He said the official opposition would dump BEE in favour of “diversity economic empowerment” if it won next year’s general election.
James said the DA did “not support the use of racial targets and quotas” in the application of BEE, adding that companies should be left to set their own targets.
In an interview with Gauteng radio station Power FM presenter Eusebius McKaiser, James said the DA did not want to be stuck on a racial definition of BEE forever.
The DA MP said the party would seek the economic inclusion of all South Africans who had no assets, land, housing, education and inter-generational wealth.
When McKaiser asked whether the DA would wipe off the racial definition of BEE by replacing black economic empowerment with diversity economic empowerment, James said “yes”.
He maintained that while previously disadvantaged people should be given a helping hand to get into the economy, they should be allowed to “compete in the course of time”.