G20 EC chapter | Ndabeni engages township entrepreneurs

NEW BRIGHTON - As G20 events continue countrywide, the Eastern Cape leg of the G20 provincial launch has wrapped up in New Brighton, Gqeberha.

Small Business Development Minister Stella Ndabeni led conversations on the informal and township economies which are aimed at boosting growth.

But not everyone is pleased.

Ndabeni admits that excessive red tape hinders access to government funding, but says her department has created a funding policy to simplify the process for small businesses.

The minister says her department will do more to ensure institutions provide funding while also giving clear reasons should applications be declined.

  • eNCA's Nceba Ntlanganiso filed this report.

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