Support for black-owned businesses

The Black Entrepreneurs Alliance is calling for a "New Deal" to support and empower black-owned businesses, address historical injustices, and drive economic growth and development. The advocacy group says urgent attention needs to be given to the increasing extortion of SMEs in townships and rural areas. Its CEO, Refilwe Monageng, proposes the implementation of policies that support black economic empowerment, such as preferential procurement and tax incentives. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.