Black Industrialists Conference | Importance of the initiative with Parks Tau

Government says it has made enormous progress in transforming the skewed and racially-structured economy. Speaking at the inaugural Black Industrialist and Exporters conference, President Cyril Ramaphosa announced that there are now over 300-thousand black owned formal business in South Africa -- who own half of the SMMEs in the formal sector. This from around 150-thousand black-owned formal business in 1994.
Now let us get the latest on the conference we now cross to SABC News business anchor, Nompumelelo Siziba.

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