Tau says he has a better plan for R26bn funds
Trade, industry & competition minister calls for access to untapped enterprise and supplier development funds levied from corporates
06 July 2025 - 10:26
The minister of trade, industry & competition wants access to the R26bn in enterprise and supplier development (ESD) funds he says do not reach their intended beneficiaries each year.
Tabling his budget vote on Friday, Parks Tau suggested the ESD money be channelled to his proposed R100bn Transformation Fund — an idea that has drawn sharp criticism from business and other quarters...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.