Gauteng law on economic development of informal settlements may possibly enable poor whites to receive business aid
24 March 2022
As a first under the provincial ANC government, the Economic Development of Informal Settlements Act, which was adopted in the Gauteng Legislature today, makes it possible for poor whites who reside there to also receive business aid.
The FF Plus ensured that although the law is aimed primarily at black residents of such settlements, it still makes provision for all poor persons to benefit from the legislation, which aims to assist poor entrepreneurs in establishing successful businesses in informal settlements and stimulate the economy there.
Furthermore, the FF Plus has for a long time pointed out to the ANC government on both local and national level that localism is important and that there should be a focus on creating a healthy business environment in poor communities in order to combat poverty in a sustainable way.
The ANC government's apparent discovery of the value of localism is, ironically, almost too late to implement at this stage, because it is the ANC's catastrophic overarching economic policy that has Gauteng on the ropes.