Localisation Drives Innovation and Job Creation, Says Trade Minister

1 min read

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Your email address will not be published.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

Decoding the Charges: Eskom and the Rising Dissent in Soweto

In Soweto, South Africa, Eskom, the main electricity provider, is facing allegations of corruption, with residents accusing staff members of deliberately damaging local infrastructure and demanding payments for repairs. Eskom has responded with an internal investigation and operational steps to prevent energy and revenue losses. However, the situation has escalated, with threats of death made against Eskom employees involved in power disconnections, and mini substations vandalized. Eskom has called upon customers to report any employee or contractor demanding cash payments for reconnection. The ongoing situation highlights broader societal issues pertaining to service delivery and accountability in South Africa.

The Pulsating Heart of Cape Town in Anticipation of a Monumental Date

The State of the Nation Address is a significant political event in South Africa that marks the unofficial start of the parliamentary agenda. Accredited media plays a crucial role in documenting the event, and the Parliament emphasizes the importance of media participation, providing an onlinebased accreditation process for interested parties. The event offers insight into the government’s plans for the upcoming fiscal year, and President Cyril Ramaphosa’s SONA is set to unveil the government’s primary legislative goals and expected outcomes for the year.

Celebrating the Pillars of Cape Town: A City Rich in Diversity and Cultural Heritage

Cape Town’s Civic Honours ceremony celebrated the city’s diverse cultural heritage and recognized notable individuals who have made significant contributions to society, both locally and globally. The event, held at the City Council Chambers, awarded the Civic Honours to living and posthumous recipients who have demonstrated exceptional service to the public. The ceremony also included the presentation of the Mayor’s Medals, which recognized outstanding dedication and sacrifice in service to their communities. The event highlighted the city’s commitment to recognizing and celebrating its diverse talents and social activists.

Embarking on a Revolution: The Journey of 14 Entrepreneurs in the Furniture Light Manufacturing Enterprise Development Programme

The dawn of 5th December 2023 painted a regular picture of Cape Town, with its usual hustle and bustle. However, an extraordinary event was unfolding in the heart of the city. Fourteen ambitious entrepreneurs, all part of the Furniture Light Manufacturing Enterprise Development Programme, were ready to instigate a revolution in the furniture industry. Having successfully navigated the demanding rigours of the programme, they stood on the cusp of a thrilling new chapter.

South Africa’s Deteriorating Drinking Water Quality: A Call for Action

South Africa is facing a crisis in drinking water quality, with nearly half of the nation’s water being unsafe for consumption. The situation is a public health concern and requires immediate action. Recent government action plans aim to address the issue, but the Northern Cape region has the highest percentage of drinking water systems performing poorly. Ensuring safe drinking water for all South African citizens is a challenging task that requires collective effort and continuous scrutiny.