Localisation Drives Innovation and Job Creation, Says Trade Minister

1 min read
Localisation.

Trade, Industry, and Competition Minister Ebrahim Patel spoke at the Proudly South African Buy Local Summit and Expo in Sandton, emphasizing the importance of localization in driving innovation and creating jobs in South Africa.

Localisation Encouraged by Government

Patel highlighted the role of the government in encouraging localization and supporting the private sector to embrace it, calling on businesses to get involved and take advantage of the enormous opportunity to do things differently.

Job Creation Through Localisation

Localization provides an opportunity for job creation. Patel urged the private sector to publicly advocate for the work of South African businesses, small businesses, and workers to help grow the economy.

Celebrating South African Capabilities

The summit and expo, held under the theme ‘Growing the Economy and Creating Jobs through Localisation,’ celebrates localization and the country’s capabilities, providing networking opportunities for aspiring entrepreneurs and large corporates in South Africa.

Provincial Government Works to Improve Business Environment

Gauteng Premier Panyaza Lusufi welcomed attendees and addressed the issue of crime, stating that the provincial government is working hard to create a conducive environment for business, including the decision to do away with e-tolls in Gauteng to make business easier.

Future of E-commerce and Networking Opportunities

The second day of the summit and expo will discuss the growing e-commerce space and consumer preferences for minimal human interaction. Various companies and small and medium businesses showcase their services and products at the exhibition center on the ground floor.

Localization is critical for driving innovation and job creation in South Africa. The Proudly South African Buy Local Summit and Expo provide a platform for the private sector to get involved, celebrate localization, showcase products and services, and network with other businesses.

Journalist and Cultural Enthusiast. Oliver is an inquisitive, open-minded, and culturally curious journalist who has a deep appreciation for Cape Town's diverse arts and entertainment scene. As a local, he has an extensive network of contacts within the city's cultural institutions, allowing him to stay abreast of the latest events and happenings.

Leave a Reply

Your email address will not be published.

Previous Story

Fountain of Life Prison Ministry: Spreading Hope in Cape Town

Next Story

La Motte Wine Farm: A Must-Visit Destination for Foodies and Wine Enthusiasts

Latest from Blog

Pathways to Success: City’s Innovative SCM Graduate Internship Programme

In today’s corporate landscape, supply chain management (SCM) is a critical component of organizational success and growth. With this in mind, the City of Cape Town has developed the pioneering SCM Graduate Internship Programme, which provides an exciting opportunity for young professionals seeking to establish themselves in the field. The initiative’s objective is to nurture and refine the skills of the next generation of SCM professionals, with the possibility of future placements within the organization.

A Former Rugby Star and Family Fall Victim to Brutal Farm Attack

Former Springbok rugby player Lukas van Biljon and his family experienced a horrifying attack on their farm in Oranjeville, South Africa. The attackers left an indelible mark on their lives, highlighting the urgent need for security and protection for the farming communities of South Africa.

A Sizzling Affair: The Sex Expo Returns to Cape Town

Cape Town eagerly anticipates the return of The Sex Expo from June 9th to 11th at the Cape Town International Convention Centre (CTICC). This adultthemed event is a perfect blend of entertainment and education, providing visitors with an opportunity to explore a variety of adultthemed products and activities.

Harold Varner III claims victory in LIV Golf Invitational – DC tournament

American golfer Harold Varner III secured his first professional victory on American soil in the LIV Golf Invitational DC tournament, defeating South Africa’s Branden Grace by a single shot. Varner took home the $4 million top prize after concluding the week with a 12under score. This victory adds to Varner’s earlier successes, including the 2016 Australian PGA and the PIF Saudi International held last February.