Toby Chance

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Toby Chance is the Democratic Alliance's spokesperson for trade who has recently criticized the ANC's proposed Transformation Fund, labeling it as a mechanism for economic capture that primarily benefits the politically-connected elite rather than addressing broader economic empowerment.

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DA spokesperson for trade Toby Chance on Thursday said the party rejected the fund as another of the ANC’s 'failed' broad-based black economic empowerment schemes.

Transformation Fund a ‘looting scheme’, says DA – The Mail & Guardian

Mail & Guardian·

South Africa· 2025-05-29

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