Says me, the white person here. [Laughter.] Now, the Broad- Based Black Economic Empowerment Bill has broad value for unlisted companies. Those of you who are not too sure what an unlisted company is, it's private and so on. There was no such value, but now they have the opportunity to check ... [Interjections.] ... value and decide on whether they should sell 70%, 30% or 25%. Let me sell 25% to Mr Mokoena. You are still there, participating. [Laughter.] It would be very unfair for legislation to prescribe to each and every business to comply with the Broad-Based Black Economic Empowerment Amendment Bill. However, this piece of legislation applies only to those businesses who wish to do business ... [Interjections.] Yes, you better wake up and listen. [Interjections.] It applies only to those businesses who wish to do business with the state or small, medium and micro enterprises, SMMEs. [Interjections.] Quite frankly, there is not a major ... [Interjections.] I do not even feel under threat. I am thinking of leaving Parliament next year to go into business myself. [Interjections.] [Laughter.]
The amendments of the Broad-Based Black Economic Empowerment Amendment Bill will have a positive impact on employment, income distribution and redistribution and economic growth transformation within, of course, a developmental state. Let us remember that we have an opportunity of adopting this Broad-Based Black Economic Empowerment Amendment Bill as we remember the new Land Act today in this House. We know that, along with the new measures in the Land Act, the Broad-Based Black Economic Empowerment Amendment Bill will redress the basic economic injustices that the Land Act introduced because that was an economic value to our black people ... [Interjections.] You all know that. You have a couple of blacks in your own party. [Laughter.] ... Let us not forget that.
Hon Speaker and hon House Chair, I want to say ... [Interjections.] ...