ABSTRACT
After moving to a new democratic regime in 1994, South Africa began to implement a social empowering program in order to transform the unequal economic structure resulting from hundredyear lasting discriminative policies. The programs starting with good intentions, later on caused disappointment in some circles due to unfavorable conditions and practical problems such as favoritism. Although some improvements have been made in e.g. poverty, education and access to infrastructure services, it is generally accepted that there is a lot to do in order attain the initial vision and mission of the empowerment strategy. When common dimensions of globalization problems for all countries are occured and the importance of social investment policies are stressed; in order to contribute to comparative social policy literature, this study deals with the South African Black Empowerment Strategy which also includes social investment policies and has been executed under a dilemma of economic efficiency and social justice.