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Maroc Maroc - CAPETOWNETC.COM - A La Une - 26/Mar 12:00

Massive R100 billion fund raises eyebrows over potential looting

A bold new initiative aimed at empowering black-owned businesses and promoting economic transformation has left many South Africans questioning its potential for abuse. The R100 billion Transformation Fund, unveiled by Minister of Trade, Industry and Competition Parks Tau, is designed to foster greater inclusion in the economy by providing financial and non-financial support to Black entrepreneurs, particularly those from disadvantaged...

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