NEF hands council R3bn grant, BUSINESS REPORT (Star)
BUSINESS REPORT (Star) Page 21
IN A BID to address late payments for black entrepreneurs, with “complaints almost on a daily basis”, the Black Business Council (BBC) is establishing a hotline to monitor the payments with part of a R3 million grant from the National Empowerment Fund (NEF). The BBC's chief executive, Rolani Qubeka, said yesterday that though the complaints could not be quantified into amounts in late payments, the BBC “will be collecting surveys which will be published as data at the end of each year”. He said the business chamber had undertaken roadshows to eight provinces last year and late payments had topped the list of complaints.
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