<p>Government has started work to establish a R500 million joint fund to support township and rural businesses - including local convenience shops.</p>

Government establishing joint fund to support township, rural businesses

Support small- and medium-sized enterprises in townships and rural areas

<div class="ewa-rteLine">The Taxation Laws Amendment Bill has been passed by the National Assembly and transmitted to the NCOP for concurrence.</div>
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Taxation Laws Amendment Bil passed

Reduce the undue regulatory burdens that hold back businesses from creating jobs.

Complete the recovery of the passenger rail network across the country to enable people to travel from outlying areas to city centres

Expand the basket of essential food items exempt from VAT and undertake a comprehensive review of administered prices, including the fuel price formula

Manage public finances with a view to stabilising debt

Implement the Freight Logistics Roadmap

Launch the second phase of Operation Vulindlela which will focus on reforming the local government system and improving the delivery of basic services, and harnessing digital public infrastructure as a driver of growth and inclusion.

Invest more than R1.5 trillion in a just transition, including support for workers and communities in Mpumalanga and other coal-producing regions.

Create a green manufacturing sector centred on the export of green hydrogen and associated products, electric vehicles and renewable energy components.

Undertake a just transition towards renewable energy

Work with stakeholders to develop and implement Master Plans to grow important industries, increase investment, create jobs and foster transformation

Pursue a smart industrial policy that focuses on the competitiveness of our economy, and that incentivises businesses to expand our exports and create jobs

Focus on processing our minerals so that the country exports finished products

Simplify the regulations on public-private partnerships to enable greater investment in both social and economic infrastructure development

Increase funding to land reform, prioritise the transfer of state land and improve post-settlement support by strengthening the institutional capacity of responsible structures.

Increase the scale of investment in infrastructure

Simplify and speed up planning and regulatory processes can make it easier for businesses to invest and operate in a municipality, thus creating more jobs

Support the growth of rural enterprises and invest in public infrastructure in under-serviced areas.

Improve and uphold workers' rights

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Promise

Promise History

Government establishing joint fund to support township, rural businesses