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A R1-billion government incentive scheme aimed at developing black industrialists will help South Africa achieve radical transformation of its economy, Trade and Industry Minister Rob Davies said at the Black Industrialists Indaba held in Midrand this week.
The Vehicles-Automotive Investment Scheme has been extended to include the makers of medium and heavy commercial vehicles in a move aimed at growing and developing the sector in South Africa.
South Africa has launched a three-year incentive scheme to help black filmmakers develop their businesses to the point they can take on big productions - and create more jobs in the country's growing movie industry.
Black-owned emerging businesses are set to receive a welcome boost from a revised empowerment scheme recently introduced by government.