Shanduka Black Umbrellas is a non-profit enterprise development incubation organisation partnering with the private sector, government and civil society to address the low levels of entrepreneurship and high failure rate of 100% black owned emerging businesses in South Africa. The programme focuses on promoting entrepreneurship as a desirable economic path, and nurturing 100% black-owned businesses in the critical first three years of their existence through the provision of nationwide incubators.

ESD initiatives
Parks Tau: Transformation Fund to ring-fence ESD spend
South Africa’s Minister of Trade, Industry and Competition, Parks Tau, has confirmed that the new Transformation Fund will ring-fence Enterprise and Supplier Development (ESD) contributions,