South Africa's B-BBEE: New Steps for Real Results
Johannesburg News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
South Africas Deputy President, Paul Mashatile, reaffirmed commitment to the B-BBEE policy, emphasizing upcoming measures to ensure genuine results for black-owned businesses. Amid US-South Africa tensions, Mashatile seeks to focus on programs that genuinely support black entrepreneurs, cracking down on fake ownership deals. The government plans to direct more funding to emerging black firms, especially unlisted ones, and tighten rules to combat corruption. Mashatile welcomed ideas from the oppositions economic plan, aiming for visible progress in empowerment.
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