Actually, I'd like to see something modeled after the Canadian model, which has grown from what was done in South Africa. You don't have to only speak to people who were in alive during times of segregation, but leaders in oppressed communities now, and how the lingering effects of slavery, segregation, and systematic racism effects them and their communities now. Yes it should look towards righting the wrongs of the past, but it should also look at the real and lasting impacts on the black community today. How can the government begin to help the community, how can we as a whole country eliminate the inequalities that exist.
The TCR in Canada came up with 94 calls to action which the government is expected to follow through with in order to move towards fixing some of these issues. I won't list them here because it's a different country and a different situation (historically speaking), but the systematic racism and oppression exists in both countries. The commission focused on broad areas such as Child Welfare, Education, Health, Culture, Justice Rights, Equity for Aboriginal people in the legal system, and so forth.
Ultimately the government and the people need to acknowledge that the system is broken right now and it is up to everyone to change. The government needs to lead that change.