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Minister Patel urges partners to assist government to develop the Social Economy policy

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Economic Development Minister Ebrahim Patel looks on, as Minister of Small Business Development, Ms Lindiwe Zulu, meets the ILO DG, Mr Guy Ryder at the Consultative Conference on the draft Green Paper on the Social Economy.

 

Economic Development Minister, Ebrahim Patel has called on key stakeholders and partners to continue to make inputs into the draft Green Paper on the Social Economy.He was speaking at the Consultative Conference on the draft Green Paper, which was held at the Industrial Development Corporation (IDC) offices in Sandton.The Economic Development Department is currently working with various partners, principally the International Labour Organisation (ILO) and the Government of Flanders based on a Memorandum of Understanding, as well as the IDC, and various government departments, on developing a Social Economy White Paper.

 

Minister Patel explained at the conference, that the approach with this policy is to afford key partners, such as social activists and organisations, entrepreneurs and trade unions among others, the first opportunity to make inputs into the draft policy, before it goes to Cabinet.He added: “We need you to help us to rip the draft Green Paper apart and then to put it back together again. It is bare bones, it needs a lot of fleshing out, you must muscle-it up with a stronger conceptual framework, on what value the social economy adds and how we can build economies and societies”

 

Minister of Small Business Development, Lindiwe Zulu, who was also present at the conference; said the development of the Social Economy policy is critical and will go a long way in helping to structure the economy of South Africa in its wholeness.Deputy Minister of Economic Development, Madala Masuku, told delegates, that the consultation process as a whole, would assist government to understand how the sector can be supported. “The Social Economy sector is known to be robust, involved and dynamic and its growth needs to be encouraged, as it will be a key driver to overall economic growth,” he said.

 

Please note: Those with interest in the policy still have an opportunity to make inputs into the draft policy available on the link below. Written inputs can be forwarded to This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Draft Green Social Economy.pdf

President Ramaphosa with Minister Patel, Deputy Minister Madala Masuku and other stakeholders after the signing of the Competition Act

Minister with Stakholders Competition Act

President Cyril Ramaphosa with Minister of Economic Development Ebrahim Patel, Deputy Minister Madala Masuku and stakeholder representatives after the signing ceremony of the Competition Amendment Bill into law at Tuynhuys in Cape Town, February 13, 2019. The amended law constitutes a boost to economic inclusion and opens up the economy.

A focus on the Social Economy

IMGFirst

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.

 

Minister Ebrahim Patel addressed delegates at the Roundtable Session on the Social Economy Policy for South Africa, which took place in Bryanston in Johannesburg 

 

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

 

Minister Ebrahim Patel addressed delegates at the Roundtable Session on the Social Economy Policy for South Africa, which took place in Bryanston in Johannesburg

Minister Patel talks to entrepreneurs in Sutherland

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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.

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