ECONOMIC EQUALITY CHARTER
The Economic Equality Charter and the campaign around it seeks to address the dismantling of Apartheid era corporate monopolies and cartels, establish economic equality, expose corporate collusion & corruption, fast track BBEEE, demand employment equity, address unemployment, and fight for worker’s rights and working conditions. Many companies are unwilling to transform and change their racially biased behavior and this is evidenced by how many companies perform poorly when it comes to BBEEE targets, employment equity targets and by the amount of corporate collusion to keep black business out of entire industries and sectors and side-line them so that they don’t grow beyond a certain size. Corporate greed, collusion, black business exclusion, corruption, an unwillingness to transform the economy and the failed implementation of policies such as BBEEE and land reform are all symptoms of a deeper problem in our society, namely institutionalised racially based economic discrimination. This petition calls on South Africa's Corporates to sign up to the Economic Equality Charter and fast track transformation through preferential procurement and other more radical means before it becomes too late to hold back the anger of the South African people and we descend into more social unrest and chaos.