# The Centre for Development and Enterprise says the implementation of the proposed 100-billion-rand Transformation Fund will undermine existing efforts to promote economic inclusion. The goal of the fund is to promote the participation of black-owned enterprises and marginalised groups. The CDE has made a submission to the Department of Trade, Industry and Competition on the concept document of the fund. The centre’s executive director, Ann Bernstein, says the fund’s proposal is based on an inaccurate assessment of what transformation requires.
Centre for Development and Enterprise says Transformation Fund could potentially harm B-BBEE