Black Economic Empowerment - definition and synonyms

noun [uncountable] politics 

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/blæk iːkəˌnɒmɪk ɪmˈpaʊə(r)mənt/
  1. in southern Africa, a programme of actions to allow people who were disadvantaged under undemocratic governments to take part fully in the country’s economy

    We visited one of the first Black Economic Empowerment (BEE) projects in Stellenbosch.