Finweek - English

Absa’s BEE headache

the goal of building an inclusive, demographically representative economy will for an exceptionally long time remain a challenge that many South African corporates will have to grapple with. What some perceive as inclusion can easily be viewed as exclusion by others, often creating a climate of distrust, fear, loathing, and sometimes serious corporate bust-ups.

While corporates always must find a balance between bringing previously excluded people (black people) onto their boards and executive teams, they equally must be careful of not being seen as engaging in

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