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Posted: 2025-05-06 22:25:12 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-06 22:26:17 UTC
Verified By
Rollup News
Deputy President Paul Mashatile has pledged to protect the R100 billion Transformation Fund from corruption through strong governance and accountability, but critics are skeptical, citing past failures and corruption risks.
Commitment to transparent and independent management of the fund
Mobilizing R100 billion over five years for black-owned enterprises
Concerns about potential waste, patronage, and corruption
Need for independent oversight and enforceable anti-corruption safeguards
Risk of corruption and mismanagement
Skepticism based on past failures of B-BBEE model
Allegations tied to previous corruption scandals involving Mashatile
Ensuring the fund benefits intended recipients and not political cronies