Funding the Future: Mashatile Launches South Africa's Transformation Fund

 Building an Inclusive Economy: Highlights from Deputy President Mashatile’s Keynote Address

#TransformationFundLaunch #InclusiveGrowth

On a powerful morning at the Business Breakfast Session, Deputy President H.E. Shipokosa Paulus Mashatile delivered a compelling keynote as he officially launched the Transformation Fund — a bold step towards economic equity in South Africa!

“Our goal as Government is to create equitable economic growth that benefits everyone in all corners of South Africa.”

Let’s unpack what that means:

1. Tackling Inequality Head-On

South Africa holds one of the highest inequality rates in the world, with a Gini coefficient of 0.63 and poverty rate at 17.82%. These numbers aren’t just stats — they’re a call to action.

2. B-BBEE: Still Vital, Still Necessary

Broad-Based Black Economic Empowerment (B-BBEE) remains a cornerstone in reversing the effects of past injustices. But we must go beyond surface compliance:

• No more tick-box exercises
• No more fronting
• Full compliance and transparency

3. Funding Black Businesses is Non-Negotiable

A major challenge? Access to finance for Black-owned businesses.

Even with initiatives like Enterprise and Supplier Development, small businesses still face funding gaps that threaten their survival.

That’s why the Transformation Fund is so crucial — it aims to bridge those gaps, provide real support to SMMEs, and create a thriving, inclusive economy.

Contact Us  Today to transform your business into a well-oiled machine! 

Let’s transform intent into impact.

Let’s fund the future.

Let’s build a South Africa that works for everyone.

Learn more here:

Launch of the Transformation Fund

#EconomicJustice #SupportSMMEs #BBEE #Mashatile #SouthAfricaRising