What The Press Says

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Call to fund more black businesses – Kganki Matabane

The Black Busi­ness Coun­cil (BBC) has chal­lenged gov­ern­ment to fund more black play­ers to level the play­ing field in SA’S skewed econ­omy as laid bare in the …

Kganki Matabane: Inclusive strategy needed to get small businesses back on their feet

In the Business Beyond Covid series, CEOs and other business leaders and experts in their sectors look to the future after Covid-19 …

Moneyweb Radio: How townships can gain new markets

It is undeniable that the business landscape is evolving, which means the way business is now done needs to change …

Coronavirus pandemic simply exacerbated SA economic woes

Last week was one of the most depressing weeks in recent memory: it was just a flurry of bad news. On Wednesday, we woke up to the first evidence …

BBC and Treasury: Talks to expand loan scheme to nonbanks are continuing

The construction industry welcomes President Cyril Ramaphosa’s announcement of the country moving to Level 3 as from 01 June 2020 …

BBC and Treasury: Talks to expand loan scheme to nonbanks are continuing

Ways to expand the scheme to include nonbank funders of small business are being sought but there are ‘legal and logistical’ issues, Treasury …

Treasury, BBC in talks to expand R200bn loan guarantee scheme

National Treasury and the Black Business Council are exploring ways in which government's R200 billion loan guarantee scheme …

Construction Sector Welcomes Easing Of Lockdown Under Level 3

The construction industry welcomes President Cyril Ramaphosa’s announcement of the country moving to Level 3 as from 01 June 2020 …

SA needs a new economic normal

They are thankful and happy because the government has finally provided water, the commodity that the village never lacked before 1994. …

Ubank, BBC set up fund for black SMEs

Black business is up in arms over its alleged sidelining in the allocation of multi-million rand contracts for purchasing of equipment for the fight against …

Black Business Council and Ubank set up R1bn township and rural economy fund

The Black Business Council and Ubank have together set up a R1-billion township and rural economy fund …

BBC fighting about taking Gauteng government to court over fibre for townships

Divisions are showing among the top leadership of the (BBC) over whether to take the Gauteng government to court for fibre roll-out programme for townships …

Black Business Council stands by tourism minister in BEE storm

Black business is up in arms over its alleged sidelining in the allocation of multi-million rand contracts for purchasing of equipment for the fight against …

How Moving to Level 2 Will Save South Africa Over a Million Jobs

The business group – made up of the Black Business Council and Business Unity South Africa – was formed to support the government’s efforts to deal …

BBC on President Ramaphosa's after contracts are given to white firms

Black-owned township businesses desperately need financial relief and the …

Sunday Times (Express Edition): Back to work for 1.5m as rules relaxed

The conomy was the biggest winner in the government's relaxed COVID-19 regulations …

Concerns that Ramaphosa's R500-bn Covid-19 relief fund might be looted

President Cyril Ramaphosa unveiled that government would be rolling out half-a-trillion rand social …

Black Business Council Calls For Financial Relief For Township Businesses

Black-owned township businesses desperately need financial relief and the …

Flatten the recession curve as well as the medical one

Organised business is developing a series of urgent proposals to help reshape the South African economy after the Covid-19 pandemic - with the health and wellbeing of our people the no 1 priority …

'Government not doing enough to save black-owned small businesses,' says BBC

BBC president Sandile Zungu has expressed concern over government’s inadequate facilities to support SMMEs which are likely to collapse in the coming months. …

Business call for more repo rate cuts to save economy from effects of Covid-19 pandemic

The Reserve Bank will have to make another and more significant intervention amid fears that between one and three million jobs will be lost in the coming months …

BBC Warns Of Devastation For Black Entrepreneurs

The Black Business Council (BBC) warns that the fabric of black entrepreneurship will be destroyed by the impact of the Covid-19 …

SA economy to shed a million jobs and shrink by up to 10 per cent

A million jobs lost and a contraction of GDP of between 8 and 10 per cent this year. This was the bleak picture of the …

Paying the price for importing goods and exporting jobs

SA faces medical shortages because it outsourced supply to countries who are now prioritising their self-interest …

Mkhize ignored our calls for protective gear

At least 25 public healthcare facilities across the country are without basic protective equipment such as gloves, masks and gowns for healthcare workers …

Public Service is not bloated

Public Service and Administration Minister Senzo Mchunu has admitted that the public service had not ballooned over the years, despite complaints by the government over its growing wage bill …

State bank has its work cut out

There is room for the proposed commercial state bank, but it has little chance of succeeding if is run the same way as other public entities who are crippled by weak …
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