n Management Today - Transformation : an economic and social imperative
|Article Title||Transformation : an economic and social imperative|
|© Publisher:||Richard Havenga & Associates|
|Publication Date||Mar 2006|
Extracted from text ... T Transformation: an economic and social imperative 52 Management Today March 2006 Transformation in South Africa is accepted as both an economic and social imperative. Economic because higher levels of consumer demand, the basis of sustainable growth, are inextricably linked to greater access by black people previously denied this, to the formal economy. Such access must be by way of both equity ownership and unrestricted and equal employment to managerial and skilled positions. Enterprise establishment and skills development must also be encouraged. Opportunities such as these will strengthen the economy, alleviate the high levels of unemployment that currently prevail, ..
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