A few hard stats on BEE deals over the past ten years. But I don't think the critics are going to be satisfied.
At least 1 364 black economic empowerment (BEE) deals worth R285-billion were concluded between 1995 and 2005, said the Trade and Industry Ministry, defending the outcome of government policies in this regard.
"A number of reviews have been conducted to date that demonstrate broad-based beneficiaries are participating in BEE," it said in a written response to a parliamentary question.
The beneficiaries were not further defined.
full story from M&G here