The objective of the B-BBEE Act is clear in seeking to increase the number of previously disadvantaged social groups to participate meaningfully in the mainstream economy through various interventions.
The bill will bring townships closer to mainstream economic opportunities, close the disconnected urban and peri-urban class divides, and promote convergence between the formal and informal economies.
Township Economic Development Bill to boost small, local businesses iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.