DTIC's transformation fund will jeopardise competitiveness of SA economy - DA
submitted 11 months ago by Lthabo1999
submitted 11 months ago by Lthabo1999
- The Democratic Alliance criticized Trade, Industry and Competition Minister Parks Tau's plan to create a R100 billion transformation fund for black businesses, saying it would harm South Africa's economy.
- The DA believes that the fund, which would be financed through private sector contributions, is unfair and illegal as it imposes new obligations on companies without proper approval.
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