Black Industrialist Development Programme

BACKGROUND The Black Industrialist Development Programme is an initiative of the dti which is intended to promote the participation of black industrialists as manufacturers for the IPAP sectors, and suppliers of infrastructure components required by the various built projects within the country. This initiative is underpinned by the systematic and deliberate inclusion of black industrialists…

How SA can create 11 million jobs

By Staff Writer  May 4, 2015 South Africa needs over 49,000 scalable Small and Medium Enterprises (SMEs), growing at a rate of 20% per annum, to create 11 million jobs by 2030 to meet the National Development Plan (NDP) target. This is according to the Endeavor jobs calculator, a global tool developed by the International Labour…

DTI launches R200m textile grant

By Vuyo Mabandla on 15 August 2014 in News BUSINESS owners in the clothing and textile industry are set to benefit from a new R200 million grant fund, launched by the Department of Trade and Industry (DTI) last month. The fund forms part of a five-year development plan, also launched last month, aimed at improving competitiveness in the local industry.…

Defining Your Market in 7 Steps

There are two basic markets you can sell to: Consumer and business. These divisions are fairly obvious. For example, if you are selling women’s clothing from a retail store, your target market is consumers; if you are selling office supplies, your target market is businesses (this is referred to as ‘B2B’ sales). In some cases…