B also affects foreign firms. Foreign firms interested in securing government contracts in excess of $10 million are required to invest at least 30% of the sales in local black-owned firms. In the case of defense contracts, the percentage increases to 50% Firms such as SASOL complain that in a country high at 25% ( which may really be as high as 40%), B scares away investment and deters foreign fims. Further, although B has rapidly created a new black business elite (who often have connections with the ANC), it has not created jobs for the millions of poor and unemployed blacks. In other words,B has sliced up the economic cake differently, but has done little to expand it. Then-president Thabo Mbeki labeled firms such as SASOL "bigoted," and accused them of badmouthing South Africa's attempt to address the legacy of racism.