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Minister Ebrahim Patel addressing delegates at the Roundtable  Session on the Social Economy Policy for South Africa, which took place in Bryanston in Johannesburg. Sitting next to him is Deputy Minister of Economic Development, Mr Madala Masuku.

 

 

The meeting was held to give key stakeholders the platform to share knowledge and experiences, in order to sharpen the process of developing the Social Economy Policy. This session is a prelude to the National Consultation Conference which will take place early next year.

 

Minister Patel's interview with Power FM's Ayabonga Cawe on the Social Economy Policy.

 

https://omny.fm/shows/power-business/social-economy-policy

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Minister Ebrahim Patel visited the community of Sutherland in the Northern Cape, in efforts to support the development of SMME’s in the area. He was accompanied by officials from the Economic Development Department and other support and compliance agencies such the National Empowerment Fund (NEF), SARS, Small Enterprise Development Agency (SEDA) and Companies and Intellectual Property Commission.

The main objective of the visit was to engage the business operators, to hear what challenges they encounter in running their businesses, and to educate them about business opportunities possible available and expose them to government support services available to enable them to thrive in business.

The presence of the various officials from other government departments and support agencies gave the entrepreneurs the opportunity to consult and resolve on the spot, some of the administrative challenges they may have been battling with.

Both in the one-on-one with the support agencies, and the dialogue facilitated by Minister Patel, the small business operators raised a number of issues among them the need for skills training in running their businesses, challenges with registering their businesses on government’s Central Database, accessing funding, tax compliance processes among many issues.

Minister Patel also instructed the officials to intervene in the specific challenges raised in the forum. A follow up workshop is also earmarked for end of November to give the entrepreneurs further support.

 

The meeting took place at The Lookout Hill Restaurant, where the business operators had an opportunity to discuss the challenges they face in running their businesses.  Development Finance Institutions such as the IDC and SEFA and other agencies were also present to share information on their support programmes. 

 

The meeting took place at The Lookout Hill Restaurant, where the business operators had an opportunity to discuss the challenges they face in running their businesses.  Development Finance Institutions such as the IDC and SEFA and other agencies were also present to share information on their support programmes. 

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