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.