Xolani Qubeka: new BEE codes will compel private sector to transform faster

The new Small Business Ministry is already making a difference in developing emerging small businesses, according Xolani Qubeka, CEO of the small business institute and secretary general of the Black Business Council. He says the new Black Economic empowerment codes will compel the private sector to transform at a much faster rate. Qubeka also warns entrepreneurs, saying they should not wait for hand-outs but instead focus on the sectors they intend to grow in. Learn more about your ad choices. Visit megaphone.fm/adchoices