The BBF's immediate expectation from the GNU was to prioritise the needs of small, medium and micro enterprises .As South Africa waited for last night’s announcement of the seventh administration executive, the Black Business Federation said it hoped President Cyril Ramaphosa would appoint ministers of trade, industries and competition and small business that would move SA forward by creating inclusive economies.
“And develop programmes that support black businesses in gaining market share that’s in line with the transformation agenda for the South African economy,” it said.The BBF said the delay in finalising the government of national unity posed a major economic risk for black business. Baur said the new administration should use strategies that included reducing the cost of access to money used to fund businesses.
Chauke said he hoped the new government would implement policies that would be strict on corruption and tenders concerning black business.