Tag Archive | Department of Economic Development

Locals should benefit from economic transformation

The Select Committee on Economic and Business Development has said radical economic transformation should be about extending economic benefits to local people and that this should be possible in the Enkangala District in Mpumalanga. The Committee, together with counterparts in Trade and International Relations, are conducting an oversight visit to Mpumalanga, to see the extent […]

Read the full story

Posted in Enterprise Development0 Comments

Small Business Development Minister reiterates Radical Economic Empowerment approach

Minister of Small Business Development, Lindiwe Zulu has reiterated and reaffirmed statements made by senior government leaders who spoke to the fact that change must happen in the economic landscape of South Africa. This she mentioned during the State of the Nation Address debate where her focus area was actualization of the 30% set-aside of […]

Read the full story

Posted in B-BBEE, Prefferential Procurement0 Comments

NEF to be incorporated into IDC to guarantee funding for black entrepreneurs

In a landmark breakthrough for South Africa’s quest for inclusive growth and radical economic transformation, the Ministers of Trade and Industry and of Economic Development announced in Cape Town on Tuesday that the National Empowerment Fund (NEF) will become a wholly-owned subsidiary of the Industrial Development Corporation (IDC) in order to meet the considerable demand […]

Read the full story

Posted in Enterprise Development, Featured0 Comments

Colluding construction giants sell stake to black-owned entities

The construction companies implicated in collusion have paid their first sum of R117 million in terms of the settlement agreement they entered into with the National Revenue Fund, following the findings of investigations by competition authorities. In terms of the agreement, the seven construction companies were to make financial contributions of R1.5 billion for developmental […]

Read the full story

Posted in B-BBEE, Business0 Comments


TransformSA - Subscribe

Subscribe - Transform SA Magazine

Follow Us

Transform SA in conversation with Nompendulo Mkhatshwa about student movement.

Photos on flickr

Advertisement

Categories

Archives