Broad-Based Black Economic Empowerment (B-BBEE) Commissioner, Tshediso Matona, says since 2017, the B-BBEE Commission has through its annual National Status and Trends on B-BBEE Report noticed that audited entities implement between 50% and 60% of ESD funds.
Enterprise and Supplier Development (ESD) funds can make an effective contribution to the sustainability of black-owned enterprises, if it is implemented more strategically.