Economist, Moeletsi Mbeki says affirmative action is not promoting investment in South Africa.
Mbeki has written a research article, exploring the country's political economy over the past century.Mbeki also offers some ideas on the way forward.
“BEE discourages investment. If I'm an investor overseas I have to seed 26% of my capital to a BEE partner. It's not a sustainable model. That's one of the causes of lack of investment in SA,” he said.The Sunday Times reports that the 'Gaddafi millions' may have been stashed in Nkandla. Your take on the claims?
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