Black businesses told to influence economic policy

Opening its recent indaba at the Gallagher Estate in Johannesburg, Ndaba Ntsele, president Black Business Council, said the council wanted to influence government policies in order to have “remarkable SMMEs (small, medium and micro enterprises)”.

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The council, he said, wanted to create black industrialists who were independent. "Economic freedom is real. We must focus on the hassles on why we can’t be involved in the mainstream economic activities of this country,” said Ntsele.

He said the elephant in the room remained getting funding from development finance institutions: "That’s where the game is lost and won. Our policies must break that hassle. We must position ourselves better."