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The DTI to host annual Small Bussiness Summit in Limpopo

August 27, 2007

The Department of Trade and Industry will hold the national Annual Small Business Summit at the Forever Resorts (formerly Aventura) in Bela Bela, Limpopo from 30-31 August 2007. More than 500 entrepreneurs, small business financiers, educators, consultants and experts, as well as government small business policy makers will attend the Summit, which will be hosted by the Minister of Trade and Industry, Mr Mandisi Mpahlwa. The theme of this year’s summit is Pledging commitment to small enterprise development. The dignitaries expected to attend the event include India’s Minister of Small Scale Industries Mr Mahabir Prasad, the Deputy Minister of Trade and Industry, Elizabeth Thabethe, Premier of Limpopo, Sello Moloto, the MEC of Economic Development, Environment and Tourism, Mr Collins Chabane, the Director General of the dti, Mr Tshediso Matona, and the Executive Mayor of Bela Bela, Mr Younus Lorgat. During the summit the Minister will share his perspective on achievements and how the dti and its partners have been responding to the small business sector development challenges. It will also be a platform where all government agencies responsible for assisting entrepreneurs and promoting entrepreneurship in the county, and the newly-established National Small Business Advisory Council (NSBAC) will interact with stakeholders and receive public inputs on their work. Discussions will include feedback on progress with the implementation of the National Small Enterprise Development Strategy, as well as evaluation of government’s action on the regulatory programme that responds to recommendations made during the consultations with various stakeholders. “As part of the national government plan for enterprise development, the dti will assess the key strategic elements of the new integrated small enterprise development strategy. This will ensure that small businesses are an integral part of the overall economic growth as envisaged in the recently launched National Industrial Policy Framework. The Regional Development Strategy is being developed to accelerate small business development in low economic areas of the country,” says the Chief Director of Enterprise Development Unit at the dti, Ms Mandisa Manjezi. She adds that the economy is currently growing at over 4% and this will stimulate opportunities for small enterprises in particular, and there is reason for a significant investment in the small business sector in the next decade as part of the strategy to achieve the 6% economic growth and to bring sustained relief to depressed and marginalised places, people and enterprises.

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