Durban – ETHEKWINI Municipality’s attempts to improve the spending power of Africans – under the age of 35 – by excluding Indians and coloureds from an official car auction drew widespread criticism this week.
The event was officially dubbed a radical economic transformation (RET) auction. It involved the selling off of various used municipal vehicles from the city fleet site and was advertised in a newspaper which stipulated that it would only allow the participation of young people from townships as well as military veterans.
The event stemmed from a promise made during a conference on RET earlier this year, where the eThekwini Municipality said it would – through business associations – accelerate interventions to achieve “economic emancipation and equality” for previously marginalised businesses.
As a result, only those registered on the National Military Veterans’ database, and those under the age of 35 who lived in townships or communities under