DStv Channel 403 Friday, 07 February 2025

Black economic empowerment | Backlash over new BEE tax for SA businesses

JOHANNESBURG - Government's plan to tax private sector profits to fund black-owned businesses is being slammed.

The Trade, Industry and Competition Department wants to establish a 100-billion rand fund.

WATCH | Black Economic Empowerment | 162,000 automotive jobs at risk

The DA is rejecting the proposal, saying it undermines the GNU.

President of the South African Chamber of Commerce and Industry, Mtho Xulu spoke to eNCA.

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