Deputy Minister of Economic Development, Madala Masuku, visited Bloemfontein, Free State, to interact with different stakeholders and discuss economic development initiatives.
He met local authority representatives and business operators to thrash out how best to implement and reach the targets the country has set itself as per strategic policies such as the National Development Plan and New Growth Path.
He told the local councilors in all projects undertaken by municipalities that key decision-makers must assess whether these projects would create more jobs for South Africans or not.
He also visited a number of small business operators to find out what their challenges were and how best the government could assist them to grow their businesses, so that they can make a meaningful contribution to the development of our economy.
View a selection of photos from the Deputy Minister's visit on EDD's FlickR page.
September marks the annual Heritage Month in South Africa.
Minister Nathi Mthethwa launched Heritage Month 2014 in Gauteng on 31 August under the theme: “Celebrating 20 Years of Democracy: Tell Your Story that Moves South Africa Forward”.
Among the projects identified to advance the “Tell Your Story” campaign are the reburials of Nat Nakasa and Moses Kotane. Repatriations of unsung heroes provide South Africans with an opportunity to learn more about their personal struggles, the circumstances that led to them living in exile and the impact they had on the liberation of our country.
The month of August is Women’s Month, and 9 August was declared Women’s Day by the democratically elected government of South Africa and is a public holiday. Women’s Day has its roots in the political activism by women during the struggle for liberation against colonisation and apartheid which culminated in the Women’s march on 9 August 1956. About 20 000 women marched to the Union Buildings on this day to protest against the inclusion of women in the pass laws that served to control the movements of Blacks.
This 1956 march was co-ordinated by the Federation of South African Women (Fedsaw) led by four women; Lillian Ngoyi, Helen Joseph, Rahima Moosa and Sophia Williams–De Bruyn.
A new factory premises making fashionable women’s shoes was opened in Parow industrial area by Minister of Economic Development, Ebrahim Patel.
The factory, Chic Shoes, was started by a black woman, Rachmat Thomas in 2004 and now employs 300 workers. Minister Patel opened the new building that the company bought with the support of national government financing, to expand their manufacturing facilities.
“In the next two years, the company plan to expand with 240 more workers, creating a large new industrial capacity,” Minister Patel said. He recounted the strong partnership between the company and government, with funding provided by the Industrial Development Corporation (the IDC) and a production incentive grant made available from national government.
View more photos on Flickr
EDD ANNUAL REPORT 2013 | 14
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Unemployment rate 25.4%
Absorption rate 42.6%
Participation rate 57.1%
Formal sector non-agriculture employment (q\q %) -0.1%
Formal sector non-agriculture gross earnings (q\q %) -4.6%
Industrial Development Corporation | Small Enterprise Finance Agency | Competition Commission | Competition Tribunal | ITAC