Transformation fund for black businesses will get R20 billion a year over the next five years, says Ramaphosa.

South Africa is still discussing whether to set up a new fund to promote Black-owned businesses, and suggestions that new taxes will be imposed to capitalise it are unfounded, the nation’s trade and ...

The fund will offer equity funding, debt and grants to accommodate different needs of the intended target beneficiaries.

The president noted during his 2025 State of the Nation Address that the fund will be headed up by the Minister of Trade, ...

The Democratic Alliance (DA) has condemned Minister Parks Tau’s unilateral announcement of a R100 billion Transformation Fund to exclusively support black businesses, labelling the move ...

Former Joburg mayor Parks Tau could ruin that by forcing businesses, including foreign companies, to pay an additional 3% tax towards a R100-billion “transformation fund” to help black ...

The government is cracking down on illegal online gambling in South Africa as the industry reaches record highs.

South Africa is still discussing whether to set up a new fund to promote Black-owned businesses, and suggestions that new taxes will be imposed to capitalize it are unfounded, the nation’s trade and ...

The South African Bureau of Standards (SABS) has been the subject of several whistleblower reports which allege serious ...

Amid persistent allegations of corruption and mismanagement at the South African Bureau of Standards (SABS), the Department ...