# The National Employers’ Association of South Africa says the ANC’s recent statement defending broad-based black economic empowerment is a poor attempt to protect its last political stronghold. They refute ANC claims that the policy empowers women, youth, and people with disabilities as false. NEASA CEO Gerhard Papenfus says the ANC refuses to admit the policy is a failed system that only enriches a small group of politically connected individuals. Papenfus argues that the policy has worsened inequality, destroyed state institutions, and driven away investors.
NEASA accuses ANC of using B-BBEE as a political weapon for cadre enrichment