New SA black-owned bank in the works

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New SA black-owned bank in the works
South Africa Latest News,South Africa Headlines
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Plans are underway to create a black-owned bank that will empower small businesses.

According to BBC Treasurer-general Bonolo Ramokhele the bank will target people who live in rural areas and in townships.Parties can't agree on Reserve Bank's future"We're looking at the bank that will look into the needs of SMMEs... people in rural areas and townships which current banks are not looking at."

The annual black business awards crowned the best in entrepreneurship last night. The awards which have been running for 16 years, promote sustainable black business. We're joined by two of the winners this morning.

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