The current President also benefitted heavily from BEE as he was a close personal friend of Mandela. Made hundreds of millions.
If you say that you are going to take large amounts of other people's assets, there is no way to run that process and not have huge amounts of corruption.
The problem has been: very high crime, heavily mismanaged infrastructure (Eskom is collapsing due to corruption, ANC politicians were taking tons of money from contracts), no investment in education, and so a population with no skills. I am not sure what wealth redistribution fixes...it has been tried repeatedly. It is like people thinking that a $1m loan from your father turns you into a different person...no, most people will end up wasting that money too.
If you say that you are going to take large amounts of other people's assets, there is no way to run that process and not have huge amounts of corruption.
The problem has been: very high crime, heavily mismanaged infrastructure (Eskom is collapsing due to corruption, ANC politicians were taking tons of money from contracts), no investment in education, and so a population with no skills. I am not sure what wealth redistribution fixes...it has been tried repeatedly. It is like people thinking that a $1m loan from your father turns you into a different person...no, most people will end up wasting that money too.