Businesses and other societal activities were forced to shut down seven weeks ago when the government enforced a nationwide lockdown to prevent the spread of COVID-19.
The ANC national spokesperson Pule Mabe told the Black Business Council summit on Thursday that the funding gap for emerging enterprises could be filled by pensions.
Speaking at the Black Business Council Summit at Gallagher Estate in Midrand, Economic Freedom Fighters leader Julius Malema says that just like renovating a house, there will always be problems, but, eventually, you'll get your house in order.
The EFF leader challenged black business people to disrupt the status quo if a transformed and inclusive economy was to be achieved.
President Cyril Ramaphosa said the R100 billion increase in local investment at the South Africa Investment Conference showed that local confidence is growing.
President Cyril Ramaphosa met with the Black Business Council at the Union Buildings in Pretoria on 21 November 2019. Here are the main outcomes.
The appointment of Andre de Ruyter has received mixed reactions, including criticism that it was anti-transformation.
President Cyril Ramaphosa was speaking at a meeting with the Black Business Council at the Union Buildings on Thursday.
The Black Business Council has likened government’s response to the economic and unemployment crisis to that of a deer in the headlights.
Business Leadership South Africa’s Bonang Mohale says they are confident President Cyril Ramaphosa's team has the necessary tools to adequately tackle the country's challenges.
The council is now calling for the intensified application of transformative socio-economic policies.
The organisations met last week to discuss the burning issues affecting business in the country.
Businessman Sandile Zungu was declared as the president, replacing Danisa Baloyi.
BBC CEO Kganki Matabane says Sandile Zungu is a well-respected businessman and fits the position perfectly.
The Black Business Council's Kganki Matabane says this will enhance and increase economic participation.
TimesLive reported that the High Court in Johannesburg found that Mark Lamberti had wrongfully impaired the dignity of Adila Chowan by referring to her as a female employment equity candidate.
The council says it notes with disappointment the report by the 'Sunday Times' claiming Prasa invested R1 billion with VBS, without a signed agreement.
