Black Business Council's Zungu lashes out at 'open letter littered with lies'

  • 📰 News24
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 80%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Black Business Council's Zungu lashes out at 'open letter littered with lies' | Fin24

He alleged that his agenda became clear when he was appointed Zuma’s economic adviser and served on his committee on the restructuring of SOEs and the BBBEE Council.The businessman, who is the chairman of Zungu Investments was elected president of BBC in August 2018, voiced concerns at those who have insulted the organisation without provocation, stating that the pro-black business organisation will never be associated with corruption.

“We swear that we will not associate ourselves with any malfeasance. Corruption is the enemy of our destiny,” he said.In his address, Zungu used the platform to lament the limited inclusion of black-owned companies in large contracts with public enterprises. He said he would like to challenge Public Entreprises Minister Pravin Gordhan, who was also in attendance, to think about the inclusion of black businesses in some of the department's contracts.In his response to Zungu’s plea, Gordhan said it was “something we need to think about carefully”- adding that there were processes about how to tackle such challenges.

The Black Business Council is holding a two-day summit which is aimed at ventilating some of the key issues impeding the growth of black entrepreneurs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Fin24 Pityane is a joke

Fin24 Imagine the furore if someone opened a White Business Council and they were also openly racist.

Fin24 Deny deny deny. African Modus Operandi.

Fin24 Typical non-specific, non-logic response when you feel guilty

Fin24 Well, as the old daying goes. 'Guilty until proven innocent'. The truth will always surface. Somehow sometime.

Fin24 Racist council

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Black Business Council helped state capture, says Sipho PityanaBusa president accuses BBC president Sandile Zungu of complicity in corruption because of the organisation's closeness to Jacob Zuma
Source: BDliveSA - 🏆 12. / 63 Read more »

Solving the problem of access to finance for black entrepreneurs | IOL Business ReportBusinesswoman Polo Leteka has started a company to primarily solve the problem of access to finance for black entrepreneurs.
Source: IOL - 🏆 46. / 51 Read more »