PODCAST: Analysing the effectiveness of BEE

Has BEE worked, or have unintended consequences eaten into investment, employment and economic growth? Michael Avery is joined by Daan Steenkamp of Codera Analytics and Donald MacKay of XA Global Trade Advisors to look at what the research shows.
July 13, 2026
1 min read

To examine one of South Africa’s most contentious economic policy debates – the effectiveness of broad-based BEE (BBBEE) – Michael Avery is joined by Dr Daan Steenkamp, CEO of Codera Analytics, and Donald Mackay, director at XA Global Trade Advisors.

Drawing on new research into the costs and outcomes of BBBEE compliance, the discussion explores whether the policy is achieving its intended objectives of transformation or creating unintended consequences for investment, employment and economic growth. They unpack the distinction between transformation as a national imperative and BBBEE as a policy tool, while considering what the data reveals about South Africa’s current approach and the need for evidence-based policy reform.

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Michael Avery

Michael Avery is a South African business journalist, broadcaster and columnist who spends his days interrogating CEOs, policymakers and markets on Classic Business and Business Talk.

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