From allAfrica

Government will launch a fund that will support informal sector enterprises, especially in the townships, to achieve inclusive growth in the country’s economy.

This was revealed at the Presidential Business Working Group session, which was hosted by President Jacob Zuma at the Sefako Makgatho Presidential Guesthouse in Pretoria on Friday.

The Business Working Group includes government and business leaders.

Presidency spokesperson Mac Maharaj said the meeting assessed progress and implementation action plans in focus areas that include education and skills development, infrastructure, the labor regulatory environment, regulatory impact on investment and inclusive growth.

“Five task teams co-chaired by government and business updated the Presidential Working Group on plans developed and action initiated in the past 15 months,” Maharaj said.

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