President Cyril Ramaphosa has dismissed assertions that Black Economic Empowerment (BEE) policies are stifling South Africa’s economic growth, arguing instead that the real barrier to progress is the lack of Black ownership of the means of production.
Speaking in the National Assembly while responding to questions from Members of Parliament (MPs), Ramaphosa expressed frustration over criticism of BEE, questioning why Black South Africans should remain confined to menial labor while being excluded from meaningful economic participation.
“What baffles me about those opposed to Black Economic Empowerment is this: Do they want Black people to continue only as laborers, drawers of water, hewers of wood, and mere consumers?” Ramaphosa asked. “Why can’t Black people own productive assets? Why can’t they be wealthy too?”
The President drew a historical parallel, referencing how Afrikaners—once economically marginalized under British rule—later thrived due to targeted apartheid-era policies that granted them preferential access to resources and opportunities.
“Look at the history of Afrikaners—they were held back, but later, through laws and favorable deals, they became major economic players,” Ramaphosa said. “Why can’t the same be done for Black people?”
He emphasized that economic redress for Black South Africans, who were systematically excluded under apartheid, is not only just but essential for sustainable growth. “This group has been disempowered—we must empower them. To me, that’s the normal thing to do as a nation,” he said.
Ramaphosa’s remarks come amid ongoing debates over BEE’s effectiveness, with critics arguing that the policy has fostered corruption and inefficiency. However, the President maintains that true economic transformation requires direct Black ownership and control over key industries.
As South Africa grapples with sluggish growth and high unemployment, Ramaphosa’s stance signals a continued commitment to BEE as a cornerstone of the country’s economic policy.