IRR’s Hermann Pretorius: ‘BEE is legalised theft - South Africa must wake up.’”

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In a fearless conversation with Alec Hogg, IRR strategist Hermann Pretorius tears into the myths behind South Africa’s empowerment policies, calling BEE a system of legalised theft that enriches elites while bankrupting the state. He reveals the IRR’s Value for Money Bill - a blueprint to end race-based procurement, restore accountability, and save billions lost to inflated tenders and cadre contracts. From Eskom to education, Pretorius argues that only honesty, merit and competence can rebuild South Africa’s future.
29 Oct 2025 9AM English South Africa Investing · Business News

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