The citizen economic empowerment Act: Does it have the efficacy to foster the participation of targeted citizens in the economy?
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The main thrust of this research is essentially to look at the efficacy of the Citizen Economic Empowerment Act in fostering the meaningful participation of targeted citizens in the economy and also in reducing income inequalities. This is from the background that despite many previous attempts by the government, proper citizen economic empowerment has been elusive. The CEE Act has been enacted with objective of citizen economic empowerment. The enactment of the CEE Act was in a way positing that that some sections of society were not participating in the economy in positive manner. Hence the enquiry into whether or not the CEE Act has the efficacy to empower targeted citizens economically. It was also interesting to establish whether or not the CEE Act has the efficacy to achieve its intended objective of citizen economic empowerment of targeted citizens. Empowerment encompasses decentralization of power with regards the fact that real governance should be brought to the door step of every person and that it should involve a multi-stakeholder approach in making and implementing decisions. Empowerment of people requires action from several fronts. It requires investing in education and health. It calls for ensuring an enabling environment is created through ensuring that everyone has access to credit and productive assets thereby leveling the playing field. Last but not the least; it involves creating equal opportunities for both men and women.
- Law