South Africa is in the eye of a slow-building economic storm: junk status, political upheaval, civil unrest, spiralling unemployment, state capture and the fallout from Covid-19. There is no better time to assess the impact of one of the biggest economic experiments in Africa that began a quarter of a century ago: black economic empowerment, or BEE, the legislation-backed effort to transfer wealth to black people and to facilitate their broader participation in the economy to redress the inequalities created by apartheid.
In The BEE Billionaires, Chris Bishop gets up close and personal with some of the biggest names in BEE: Sandile Zungu, Gaby Magomola, Sipho Nkosi, Richard Maponya, the Kunene Brothers, Gibson ‘Mr Gautrain’ Thula, Fred Robertson, Ipeleng Mkhari,...
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