SOUTH AFRICA’S SMALL BUSINESSES CRITICAL FOR JOB CREATION

JOHANNESBURG, Small businesses in South Africa must contribute at least 800,000 jobs a year if the government's target of creating 11 million jobs by 2030 is to be realised, says Small Business Development Minister Lindiwe Zulu.

Addressing the Global Entrepreneurship Congress (GEC) at the Sandton Convention Centre here Wednesday, Zulu said small businesses were the key drivers of economic growth and job creation in South Africa. and that the government was committed to facilitating innovative intervention to support small, medium and micro enterprises (SMMEs) to boost employment opportunities for the people.

She called on entrepreneurs to familiarise themselves with government platforms to grow their businesses. These include the Department of Trade and Industry through targeted grants, as well as the Small Enterprise Development Agency (SEDA) and its finance counterpart, SEFA, and the National Empowerment Fund.

We are creating an enabling environment for entrepreneurs, they need to look at townships. For township economic development, entrepreneurs need to familiarise themselves with government policies, see what can be done and how it can be achieved.

Zulu said the entrepreneurship congress, which has attracted participants from all over Africa, must aim to leave a lasting legacy. "It must be the key catalyst that unlocks the entrepreneurial potential of our people. Together we must ensure GEC becomes a resounding success."

Source: NAM NEWS NETWORK

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