The Black Industrialist Policy was approved by Cabinet to support black entrepreneurs in the manufacturing sector of the economy, who have the potential to grow, invest and create jobs. These entrepreneurs must have identified an opportunity, own industrial capacity and are providing long term strategic and operational leadership to their business. The scheme focuses on sectors we believe are the corner stones of the country’s economy now and in the future as identified in the IPAP.
The names of the approved black industrialists will be published along with all the beneficiaries of incentive programmes for 2016/17 following the annual audit by the Auditor-General.