African National Congress (ANC) treasurer general Paul Mashatile said on Monday that government must strengthen and expand funding for black industrialists and also create platforms for new entrepreneur industrial classes that can fully harness the resources of the country.
Mashatile was addressing the media, following the National Executive Committee (NEC) meeting over the weekend. He assured that the party’s fifty-fifth national elective conference in December will deliberate around improving the lives of the majority black population who still live in poverty.
He said the ANC must continue to spare no efforts to implements its programme to tackle the triple fault lines of poverty, unemployment and inequality.
“NEC remains clear that the movement it leads remains resolutely committed to the implementation of broad-based black economic empowerment (BBBEE). It noted that whilst progress has been made in empowering people and women in the economy, the benefits of the progress have not been felt by all
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