MICHAEL MORRIS: Transformation Fund will fall short of helping black-owned businesses
How can a business enterprise be a business enterprise if it’s funded by the government?
10 February 2025 - 05:00
I don’t actually know of anyone in my personal circle — apart from some dutiful colleagues who had to — who bothered to listen to last week’s state of the nation address (https://www.businesslive.co.za/bd/national/2025-02-06-read-in-full-gnu-successes-and-a-plan-to-save-local-government/) (Sona), even those I’d confidently imagine are quite fond of President Cyril Ramaphosa.
The main reason is that most of us could have written his address in advance; we knew what he was going to say, or mainly, what he wasn’t going to say. We knew the limits. We are practised at knowing the limits. ..
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