Boost for informal business

Sunday, December 6, 2015

Pretoria - As part of the National Imbizo Focus Week, Minister of Small Business Development, Lindiwe Zulu will on Tuesday award certificates to 91 informal traders in Free State who successfully completed their business training programme.

Informal traders who will receive certificates were offered training on entrepreneurship through a partnership between the Department of Small Business Development, the provincial department and the Wholesale and Retail SETA.

They were trained in, among others, introduction to entrepreneurship; Advertising and Promotion; Customer care and service; Basic financial management; Purchasing skills; Legal issues like by-laws and compliance.

The project goal is to identify, train, mentor and provide infrastructure support to 1000 informal traders including capacity building for Informal Trader Organizations in all nine provinces over 18 months.

Minister Zulu explained that this initiative is part of the National Informal Business Upliftment Strategy, which seeks to create a conducive environment for informal business to participate in the mainstream economy.

“This training project is one of the ways through which government supports informal businesses in the interest of job creation and economic growth,” said Minister Zulu.

During the ceremony, Minister Zulu and leaders from the Free State Provincial and Local Government will also engage with informal traders and other entrepreneurs in an imbizo session. – SAnews.gov.za