Impact Investing Isn’t a Hype: It’s an Evolving Toolbox of Opportunities

Women entrepreneurs are often an under-tapped force that can rekindle economic expansion while driving positive social change. Solar Sister, for instance, an organization started by Ashoka Fellow Katherine Lucey, is empowering women to become an active part of the grassroots clean energy economy, both as sellers and users of affordable and high-quality solutions. By training…

Black industrialists Programme Update

The first 50 applications by aspiring black industrialists had been received and tabled at a new funding forum initiated by the government, Minister of Trade and Industry Rob Davies said last week. The forum met for the first time on March 17, he noted. “I am hoping we will find some serious black industrialists in…

Manufacturing: Funds earmarked for incentive programme

Johannesburg – The Department of Trade and Industry (dti) this week confirmed that it has allocated funds for the continuation of a government programme to enhance South African manufacturers’ competitiveness. Dti Spokesman Sidwell Medupe said however the amount will only be announced once the department’s budget vote has been presented to Parliament. This is scheduled…

R2.2 billion shortfall and suspension of MCEP will lead to more job losses

Democratic Alliance press statement by Dean Macpherson MP DA Shadow Deputy Minister of Trade and Industry R2.2 billion shortfall and suspension of MCEP will lead to more job losses 29 October 2015 Release: immediate The announcement that the Manufacturing Competitiveness Enhancement Programme (MCEP) will not be accepting any more applications due to its R2.2 billion shortfall…

Questions raised over suspension of manufacturing programme

The decision to suspend government’s competitiveness enhancement scheme has raised serious questions about the overall management of the initiative. The Department of Trade and Industry announced at the end of October that new applications for the Manufacturing Competitiveness Enhancement Programme (MCEP) had been suspended “temporarily”. Several questions relating to the management of the programme, including…

Firms left in lurch by funding fix

Trade and industry has suddenly put the brakes on a manufacturing incentive programme. Carambola Invest dries and exports pineapples in a poor area of the Eastern Cape for local supply and export. The pineapple-growing industry has been under tremendous pressure in recent years as prices fell in light of global oversupply. “There were only just…

Executive leaves manufacturers ever more vulnerable

BY MARK ALLIX, 02 NOVEMBER 2015, 05:54 GOVERNMENT incentives such as the Manufacturing Competitiveness Enhancement Programme have drawn consultants like a moth to a lamp. Start-ups vie for space with giants such as Deloitte, EY and PwC. The Incentive Consultants Association was formed in 2005 to regulate the interaction between government and consultants who provide…