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The DTI’s R1bn black industrialist grant

Lionel October, director general of the Department of Trade and Industry (DTI) announced that his department will enable black industrialists to access a R1bn grant, on top of a syndicated pool of funds to be created by funding institutions, including the National Empowerment Fund, the Public Investment Corporation and the Industrial Development Corporation. This was at the inaugural Black Industrialists Indaba, in Midrand, Gauteng, on Wednesday.

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