By Lesiba Lekgetho
In line with the government’s radical transformation agenda, Gauteng Legislature Premier David Makhura said they would work with industry leaders to ensure the growth and sustainability of Black-owned businesses is real.
He said they would expose them to wider market opportunities.
This was said during the Premier’s State of the Province Address (SOPA) held at Greenhill Stadium in West Rand (Randfontein) on 21 February.
“This would be by assisting and encouraging Black firms and township industries that they must produce goods locally and sell them to domestic and foreign markets. This is very important because as we empower Black businesses and township enterprises we must not be transferring that empowerment to those who do not need it,” he said.
Premier Makhura said they must ensure every Rand of this goes to Black businesses and township enterprises, but this can only happen if they are not hiring expertise from established White businesses.
“Government expenditure on township economies had increased from R600 million in 2014 to R6 billion in 2016, with 2 800 township enterprises benefitting from government procurement by January 2017. However, the timeous payment of service providers remained a concern for the province. While there had been an increase in the payment of providers within 30 days, with 11 out of 14 departments complying,” said Makhura.