Black Economy Empowerment Employment Equity part 4

Developing Black intellectual capacity

Developing Black intellectual capacity may appear to be irrelevant to QSE business. It is not as if most professional services firms such as accountants, attorneys, engineers and doctors fall into the QSE category. These professional services are at the heart of developing the country’s intellectual capacity. This section is critical to these professions.

There is little confidence in Black people by both Black and white people. It is that simple. The previous education system did not provide Black people with an equivalent education to white people. When a Black person enters the market an assumption is made that he or she does not have the same “mental prowess” as a white person. The result is an inherent lack of confidence in Black people.

Who have the least confidence in Black people? Strangely enough, Black people do. One seldom hears of Black people consulting Black attorneys on mergers and acquisitions. They go to white attorneys because they do not have confidence in their Black counterparts. Read the rest of this entry »

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