Some points make a bit of sense.
Some points make sense, and others don't? well I tried... but just note that whatever doesn't make sense is from your end.
Is it not corruption perhaps? Corruption and BBBEE are separate concepts.
They are different but you need to understand the difference between cause and effect... Corruption within the South African context has spiraled out of control, make no mistake BBBEE is at the centre. Need we look far? Eskom a good case in point, produces majority of SA's energy, one of the largest companies in SA. Aligning the demographics of this organization to present the country's population continues to adversely affect the economy. An organization like this has clear objectives: keep the lights on... now if you know anything about engineering and the energy sector you would know they are intertwined with every other sector.
If you privy to the recruitment process you would know that the selection process is solely based on colour, a laggard black unskilled black artisan would take preference over a highly skilled ambitious white, coloured or indian artisan. The same applies to middle and senior levels of management. The mistakes being made on power plants are "33.33%" schoolboy mistakes, 10 generation units down... loadshedding again... do you honestly think the "33.33%'er" is going to get us out of loadshedding long term? you flood a pivotal organization like this with incompetence you F'd, you can't upskill a 33.33%'er he has no interest in reading a book... now ask yourself what influences this selection process to be so flawed?
Now comes the cherry on top, the same 33.33%'er is he/she capable warding off corruption? Is he/she able to have an understanding of acceptable materials, spares and services to repair a power plant to design base? Is he/she capable of comprehending abstract ideas like adding value? and how easily is this person influence or politized? day one they fear for their jobs they join a union to shield them, why? because they know they incompetent and they have no interest in improving their current state.
This is only a snippet of the recruitment process, we can dive into other processes like procurement and how PFMA demands black excellence at 400% the actual cost of spares and services. If you one of those oaks who still believes BBBEE can work if implemented correctly then you a numpty...
The policy promotes corruption from within and the rest is history...
State entities have been destroyed by rampant corruption and wilful mismanagement where handpicked individuals are thrust into positions to make sure certain nefarious objectives are reached. Look at SAA under JZ, where Myeni was thrust into position of power despite her shortcomings. Do you think if they wanted a black person to head the airline they wouldn't have selected an educated person from within the corporate office?
No they were destroyed by policy, corruption followed.
Look at what they did to Denel. Do you think an ethical black manager drawn from the pool in the private sector would have allowed what happened? Eskom. It was free for all. Some of the CEO's even awarded families tenders worth hundreds of millions.
What good is an ethical management team when the very system they manage would prevent them from reaching their goals?
Bosasa scandal. Transnet. To name but a few. The recent PPE scandals? Come on.
This means what exactly? you still focused on symptoms. The problem is systemic. By making statements like the country is in the current condition due to corruption is very "small-brained" and an isolated way of looking at the problem.