World Bank says the BEE regulations prevents the economic growth in South Africa therefore it has to be abolished. Black economic empowerment was established to enhance black people whom were excluded by apartheid system.
Economist Dr Khwezi Mabasa says that South Africa does not have a problem with BEE, however, it has structural factors that it has yet to address.
Black Business Council rejected world Bank statements saying the bank has to find other ways to fabricate excuses further outlined how the same statement was used by Afriforum and solidarity. Enjoying black people being supressed yet to this days they haven't been any reparations from white people.