In this video by ‘Loving Life’ we see that the economic tragedy of BBBEE and BEE is unfolding everywhere in South Africa as Masonite South Africa in Estcourt is closing down. Masonite has been manufacturing since 1942 and is the largest employer in the area and one of the largest in the Southern hemisphere.
Like state owned enterprises business are just collapsing. Strikes and maintenance issues caused capacity to drop and eventually the company was unable to continue.
South Africa Today – South Africa Media