“We are going to intensify BBBEE. We are going to sharpen our teeth and determination when it comes to unemployment.
We expect that our black industrialists will have up to R24 billion made available to them to redefine the way business is done in our country,” he said at an ANC summit for academics and professionals in Johannesburg last night.
Ramaphosa encouraged black business to bring their ideas to the ANC. He then asked them to open their wallets to support the party’s local government elections campaign.
The ANC’s relations with business and academics were essential to speeding up the party’s efforts to change the country. Academics and professionals had started the ANC and had been agents of change during the country’s history, he said.