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South Africa Nears New $6.3 Billion Black Business-Support Fund

South Africa is nearing the start of a 100 billion-rand ($6.3 billion) state-linked fund to promote Black-economic empowerment that companies will bankroll.

South Africa is nearing the start of a 100 billion-rand ($6.3 billion) state-linked fund to promote Black-economic empowerment that companies will bankroll.
Trade, Industry and Competition Minister Parks Tau proposed changes to so-called codes of goo… [260 chars]

Source: Bloomberg | Published: 2026-01-29T13:24:31Z

Credit: Bloomberg

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