JOHANNESBURG - The announcement the Trade, Industry and Competition Minister, Parks Tau, to establish a R100-billion Transformation Fund, has sparked debate in business, politics and civil society alike.
The fund is premised on the constitutional commitment to economic inclusion.
READ: Parks Tau talks economic development and transformation for SA
The DA is slamming it, saying it undermines Cabinet and the Government of National Unity.
However, other business forums have welcomed this intervention for broader economic participation and growth.
Siyabonga Hans, the treasurer of the South African youth trade association discussed this with eNCA.