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) Read the full story

Maluti-a-Phofung SEZ launched

President Jacob Zuma on Tuesday launched the much anticipated Maluti-a-Phofung Special Economic Zone (MAP-SEZ) demonstrating government’s promotion of industrial development. “This launch and the development of the Maluti-a-Phofung SEZ demonstrates our promotion of industrial development which is key to the Read the full story

Cape women blazing the Black Industrialists trail

The determination of three gritty Cape Town businesswomen to defy the odds and make success of their business paid off when they became the first beneficiaries of the much-talked about Black Industrialists Programme. Their company, K9 Pet Foods, which is Read the full story

Black Industrialists Programme to be fast-tracked by Government

Trade and Industry Minister Rob Davies says government plans to accelerate the creation of black industrialists with an aim of creating 100 black industrialists by the end of the coming financial year. The Minister said this when the Economic Sectors, Read the full story

NEF to be incorporated into IDC to guarantee funding for black entrepreneurs

In a landmark breakthrough for South Africa’s quest for inclusive growth and radical economic transformation, the Ministers of Trade and Industry and of Economic Development announced in Cape Town on Tuesday that the National Empowerment Fund (NEF) will become a Read the full story