Amazon is facing scrutiny over its approach to BEE in South Africa. But the bigger question is where billions in transformation funding are going, and what South Africans are getting in return.
In this Truth Report discussion, Stephan examines Amazon’s AWS Equity Equivalent Investment Programme, the role of BEE scorecards, and claims that companies face pressure to go beyond the legal minimum.
The discussion also looks at a deeper problem. South Africa has hundreds of transformation and investment funds, yet there appears to be little consistent measurement of their economic impact.
From unemployment and crime to education and economic growth, the conversation asks whether South Africa’s current approach is producing the results promised by government.
The discussion ends with education, including the stark gap between the international benchmark discussed in the interview and the performance of South African government school students.
Chapters:
00:00 Newsday Investigates Amazon
01:08 Amazon’s AWS Investment Programme
01:34 South Africa’s Transformation Funds
02:07 Where Are The Results
02:42 BEE And South Africa’s Declining Economy
04:10 Amazon’s BEE Requirements
05:00 Amazon’s 100 Percent Black Ownership Policy
05:43 Solidarity Launches Investigation
05:53 Why Trump Matters
07:09 The ANC’s BEE Scorecard
07:41 Amazon Responds
08:17 Does Amazon Have A Choice
09:44 Why The System Isn’t Working
10:04 The Argument Over Apartheid
10:51 South Africa’s Education Crisis
11:43 The 500 Benchmark
11:54 South African Students Score 277
12:18 The Cost Of Failed Education
12:32 Where South Africa Needs To Start
12:50 End
#southafrica #bee #amazon #ANC #southafricanpolitics #economicfreedom #freespeech #politics #transformation #educationcrisis #southafricanews
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