# The Centre for Development and Enterprise has called for the scrapping of government’s proposed 100-billion-rand transformation fund, warning it’s based on flawed assumptions and unrealistic funding mechanisms. CDE executive director Ann Bernstein says the fund could harm black-owned businesses and hinder economic inclusion. She urges a rethink of transformation policy, recommending a review by independent experts to develop more effective and inclusive strategies that drive growth and opportunity in South Africa.
Centre for Development and Enterprise states R100-billion transformation fund proposal as flawed and risky