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Critical Review: Draft Transformation Fund Concept Document (March 2025)

In this review, we assess the Department of Trade, Industry and Competition’s (dtic) proposal for the establishment of a R100 billion Transformation Fund. We critically examine the document’s assumptions, highlight gaps in strategy and implementation, and offer constructive recommendations to strengthen its impact on economic transformation, enterprise and supplier development (ESD), and SMME support.

The review also provides practical insights into how the Fund can align with existing ecosystems, drive measurable outcomes, and avoid the pitfalls of policy driven by aspiration rather than evidence.

We invite you to read the full analysis and engage with us on this important national conversation.

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