Trade, Industry and Economic Development Minister, Ebrahim Patel, has told parliament that partnerships with the private sector is critical as the sector drives the bulk of economic activity in South Africa.
A BEE commissioner together with National Treasury had warned the SAA board, under the chairmanship of Dudu Myeni, not to implement a policy in which 30% of all procurement at the airline would be set aside for black businesses.
The economy of KwaZulu-Natal received a shot in the arm with a combined investment of R70 million to a Black Economic Empowerment (BEE) company, Africa Bespoke Apparel.
The South African clothing, textiles, foot ware and leather industry (CTFL) is showing signs of recovery after years of decade long- gradual decline.
South Africa and Nigeria have a duty to lead industrialisation in Africa, considering the low levels of beneficiation on the natural resources that the two countries are endowed with, Acting High Commission of South Africa to the Nigeria, Bobby Moroe said on Friday.