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

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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.

 

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