💨 Abstract

The proposed R100-billion Transformation Fund in South Africa, aimed at boosting black-owned small enterprises, is facing criticism from SA business. They argue that the fund, part of President Ramaphosa's broad-based black-empowerment initiative, could be misused and not deliver significant economic transformation due to corruption and regulatory burden. Critics, like Toby Chance (DA), suggest reducing company regulations as the key to real transformation.

Courtesy: www.thesouthafrican.com

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