The dti to embark on awareness roadshow for the black industrialists programme

 Mzwandile Masina

The Department of Trade and Industry (the dti) will be embarking on a national roadshow that is aimed at promoting and creating awareness on the Black Industrialists (BI) Programme. The roadshow follows the successful proclamation of the Black Industrialists Policy in February this year.

 The roadshows will be undertaken in all nine provinces with the first session hosted in Gauteng, Pretoria at the BMW Rosslyn plant on 19 May 2016. The targeted stakeholders comprise of the business community, economic forums, local economic development managers, Development Finance Institutions and financial Institutions.

 The Black Industrialists Policy is part of government’s broad industrialisation initiatives to expand the industrial base and inject new entrepreneurial dynamism in the economy as highlighted in the latest iteration of the Industrial Policy Action Plan (IPAP).

 The Deputy Minister of Trade and Industry, Mr Mzwandile Masina, explains that the rationale and motivation behind this campaign is to focus on building of strategic partnerships, to speak to the policy intent of BI, to unpack the guidelines and to illustrate completion of the BI application form by applicants.

 “Our economic transformation depends on two inter-connected themes, the radical change of the productive base of the South African economy, and the challenge of changing the patterns of participation in the economy as well as drawing of the skills capacity and entrepreneurial spirit of the whole of the population of the country. It is therefore imperative that we advocate for the development of black industrialists as an integral part of the industries,” says Masina.

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