-Advertisement-spot_img
spot_img

DA Petitions IMF To ‘Censure’ SA Government’s Use of Race-Based COVID-19 Relief Funds

-Advertisement-spot_img

Must read

Charles Molele

The DA’s interim leader John Steenhuisen has written a petition to the International Monetary Fund (IMF), requesting the financial policy-setting body to oppose the use of black economic empowerment (BEE) policies as a requirement to receive COVID-19 relief funds.

Steenhuisen, a virulent critic of the ANC government’s BEE policy, said because most COVID-19 relief funds came from the IMF loan, the policy-setting body should instruct the government to stop using the money to promote BEE.

This comes after trade union Solidarity and lobby group AfriForum headed for the Constitutional Court to ask it to urgently hear their appeal against the Pretoria High Court, which recently upheld Tourism Minister Mmamoloko Kubayi-Ngubane’s position that firms should comply with Broad-Based Black Economic Empowerment (BBBEEE) rules to benefit from the R20 million Tourism Relief Fund.

“I have today sent a written petition to the Managing Director of the International Monetary Fund (IMF),

You’ve reached your free article limit

Subscribe to enjoy unlimited access to trusted journalism. Start your free trial today.

Start your FREE trial now

Need help? molokom@insideeducation.co.za

-Advertisement-spot_img

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Inside Education Quarterly Print Edition

spot_img

CATHSSETA

spot_img

QCTO

spot_img

AVBOB STEP 12

spot_img

Inside Metros G20 COJ Edition

spot_img

JOZI MY JOZI

spot_img

Inside Education Quarterly Print Edition

spot_img

Latest article