# The Black Business Federation praises Trade, Industry and Competition minister, Parks Tau for his commitment to economic transformation, advocating for 30-percent of targeted projects to be allocated to black-owned businesses. In his Budget Vote address, Tau emphasised Broad-Based Black Economic Empowerment and the need for efficient business environments. The Federation supports enhancing BBBEE compliance and empowering the BBBEE Commission with enforcement powers. They urge all government departments to prioritise local procurement and BEE compliance to address job losses and poverty.
Federation applauds minister Tau’s commitment to economic transformation