Well, I guess you could say that SA learned some things from Zimbabwe. You don't just throw out the white farmers and give the blacks their farms; you put in place race quotas for the white farmers, and threaten their incomes if they don't hire enough black people to suit your taste.
Last paragraph makes it seem like it's a South African regulation.
South African companies have been encouraged to adopt Black-empowerment plans to comply with government policies aimed at redressing financial inequality stemming from the apartheid era.
Well, I guess you could say that SA learned some things from Zimbabwe. You don't just throw out the white farmers and give the blacks their farms; you put in place race quotas for the white farmers, and threaten their incomes if they don't hire enough black people to suit your taste.
The article is very unclear about whether this is a South African regulation only, or if this is something the EU and UK implemented.
Last paragraph makes it seem like it's a South African regulation.