Black ownership of South African businesses falls below 30% - News24

In June, President Cyril Ramaphosa appointed 14 people to a Black economic-empowerment council to address inadequate progress with improving some measures of Black involvement in the economy almost three decades after the end of apartheid

Black ownership of businesses in South Africa dropped 1.5 percentage point to below 30% last year, as Africa’s most industrialised nation struggles to economically empower a larger portion of its pop… [+2205 chars]

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