A number of black industrialists continue to face challenges, including a lack of support from commercial banks, and are struggling to break into markets or manage sustainable enterprises, parliament heard on Tuesday.

The programme supporting black industrialists is seen as one of the key elements of the contentious broad-based black economic empowerment (B-BBEE) policy. The programme aims to unlock the potential of black industrial companies in key sectors of the economy through deliberate, targeted and well-defined financial and nonfinancial interventions.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now