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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


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. 




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


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.

Minister Ebrahim Patel held an interactive session with Small Business Operators in Khayelitsha in the Western Cape.


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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Economic Development Department employees have pledged their commitment to the fight against corruption. Corruption in both the private and public sector has a detrimental effect on government's effort to deliver effective services to the people.  In signing the declaration, employees declare: 'I know, I act, I stop corruption - Fighting corruption is everyone's business.'

thumbnail My Anti-Fraud Corruption Pledge




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Profiles of people impacted by our industrial investment and infrastructure build programme

Profiles of people impacted by our industrial investment and infrastructure build programme 2016

Scam Alert
All Service Providers and Businesses

The Economic Development Department wishes to advise members of the public, particularly those in business, to be alert to a scam utilizing the logo of the Economic Development Department. The fraudsters involved send unsuspecting business operators a Request for Quotations for the provision of Solar Panels.

As the Economic Development Department, we wish to state that we do not have such a project, and therefore beware that the Request for Quotation is not from the Economic Development Department.

Please confirm any request you receive with our Supply Chain Management division on these details 012 394 3579. Report these fraudulent activities to the SAPS or call the Anti Corruption hotline 0800 701 701 or SMS to 39772 or send an email to fraud@economic.gov.za.

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