The Black Business Council (BBC) has issued a statement, condemning what they term “irresponsible and reckless utterances” by Eskom Board member Mteto Nyati who was quoted in the Business Times as saying that in order to save Eskom, empowerment rules must go. The organisation is of the view that Nyati’s remarks fail to comprehend the basics of transformation, localisation, industrialisation and empowerment as they attempt to trivialise the participation of black people in the mainstream economy.
GUEST: Kganki Matabane, CEO of the Black Business Council (BBC)