Ramaphosa reveals that R55 bn pumped into programmes to support black enterprises

The original article can be found here.

Article highlights:

  • Close to 1 000 black business owners had benefitted from the black industrialists and exporters initiative set up by government in 2015.
  • This includes aid from the Department of Trade, Industry and Competition, as well as the Industrial Development Corporation and the National Empowerment Fund.
  • The president said that overall, government had pumped over R55 billion into programmes that support black enterprises.