Archive | Enterprise Development

Government to transform agricultural sector

Government is looking into transforming the agricultural sector so that it allows the entry of black people to participate meaningfully in the economy and the food production value chain. The agriculture sector has been identified as a key platform for both transformation and growth and job creation which could create one million jobs by 2030. […]

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Nine SMMEs awarded contracts worth R30 million by Coega

Small, Medium and Micro Enterprises (SMMEs) in the Eastern Cape are getting a much needed boost from the Coega Development Corporation (CDC) following its investment of R30 million in SMMEs to complete various construction projects in the Coega Special Economic Zone (SEZ) “As an empowerment-driven organisation, the CDC is conscious of the important role that […]

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the dti to Spend R100 Milion to Support Emerging Black Filmmakers

The Department of Trade and Industry (the dti) will have spent R100 million to support emerging black filmmakers through the South Africa Emerging Black Filmmakers Incentive by the end of March 2018. This was announced by the Director of Film Production at the dti, Ms Nelly Molokoane at the Emerging Black Filmmakers Workshop at the Durban […]

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Black Industrialist firm launched in Pinetown

The Deputy Minister of Trade and Industry, Mr Bulelani Magwanishe launched a multi-million rand Black Industrialist firm, Microfinish Automotive in Pinetown, KwaZulu-Natal on Friday. Microfinish, an automotive valve guide and valve seat manufacturer, was co-funded by the dti Black Industrialists Scheme (BIS) and KwaZulu-Natal Growth Fund. Speaking at the launch, Deputy Minister Magwanishe said Microfinish is evidence […]

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Sweet deal keeps cane growers and sugar industry afloat

The livelihood of about 58,000 people who contribute towards production of 20 million tonnes of sugarcane annually would have been compromised had it not been for the support provided by Ithala Development Finance Corporation. Sweet deal keeps cane growers and sugar industry afloat Bearing the brunt of a prolonged drought and an unfavourable economic climate […]

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Young entrepreneur defying the odds

Pretoria-based Monalebo Engineering Services (Pty) Ltd (MES) specialises in rope access, non-destructive testing, replicas, scaffolding as well as telecommunications, rail construction and maintenance. They provide this service to organisations in mining, manufacturing, power generation, petrochemicals (oil and gas), transportation and processing. After being released from his job for going on an illegal strike, MES managing […]

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City boosts township economy

ETHEKWINI Mayor Zandile Gumede has reiterated the importance of growing township economy through the City’s Radical Economic Transformation Framework. Mayor Gumede was speaking on 23 June during the official opening of the groundbreaking R32 million KwaMnyandu pedestrian bridges which houses 14 trading kiosks.   The pedestrian bridge is part of the Municipality’s public-private investment into […]

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KZN’s Operation Vula to boost small business, transform economy

The KwaZulu-Natal Provincial Government has launched a ground-breaking policy programme geared towards improving the participation of small businesses and small-scale farmers in the economy. “Operation Vula” and its subsidiary, known as the Radical Agrarian Socio-Economic Transformation (RASET), were launched by President Jacob Zuma and the KZN provincial government in Ixopo on Tuesday. Operation Vula seeks to localise […]

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Department prioritizes transformation in construction unit

Water and Sanitation Minister Nomvula Mokonyane says transformation in the Construction Management Unit of the department will be prioritised. Minister Mokonyane made the remarks when she was presenting an overview on the Construction Management Unit within the department to Parliament’s Portfolio Committee on Water and Sanitation. The Construction Management Unit was established to construct, rehabilitate, […]

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LexisNexis supports new advocates with start-up

Each year, newly qualified advocates from previously disadvantaged backgrounds are selected for a lucrative start-up sponsorship from LexisNexis South Africa as part of the company’s Advocate Advancement Programme (AAP). The programme has benefited around 200 recipients since inception five years ago, representing a total investment of over R10 million from LexisNexis. This year, 25 recipients […]

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