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The ANC’s largest partner in the Government of National Unity, the Democratic Alliance, has said it would “not support this madness”. Toby Chance, the Democratic Alliance’s spokesman on trade, said, “This fund could very easily become a bottomless pit for taxpayers’ money, with little to no oversight or meaningful outcomes.” “Not only does the DA reject race-based legislation, but BBBEE has proven counterproductive in closing our inequality gap,” Chance said.

Sam Busa

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