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BEE deals were not forced.

Financial Mail

| December 12, 2008 | COPYRIGHT 2001 Johnnic Communications. (Hide copyright information)Copyright

Byline: J van Heerden

BEE deals were not forced Mohau Pheko's business opinion in SA in 2009 is totally unacceptable. Nobody forces people into black economic empowerment (BEE) deals. No-one was forced to accept a share in Sasol or Barloworld. Why did they buy them? To state that BEE rests on a fragile foundation of financial policies that continue the apartheid government's financial liberalisation policies is indeed very farfetched. Blind participation in BEE deals is a sign of ignorance. In your report in the FM (Money & Investing December 5) on the Sasol …

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