Small Business Ministry welcomed

Wednesday, May 28, 2014

Pretoria - Proudly South Africa (SA) has welcomed the new Ministry of Small Business Development, saying the ministry has the potential to impact positively on unemployment, poverty and inequity levels.

President Jacob Zuma announced the formation of the new ministry under Minister Lindiwe Zulu when he announced his new Cabinet on Sunday. President Zuma was inaugurated at the weekend as the country’s president for a second term.

“The new ministry - under the leadership of Minister Zulu - has the potential to impact positively on current unemployment, poverty and inequality levels in the country. South Africa's high unemployment rate is unrelenting. There needs to be improved communication between business and government if we are to move our country forward in terms of economic transformation," said Leslie Sedibe Proudly SA's chief executive officer.

In addition, the organisation welcomed the reappointment of Trade and Industry Minister Rob Davies. Both Minister Davies and Minister Zulu were sworn-in to office at the Sefako Makgatho Presidential Guesthouse on Monday evening.

"We work especially closely with the Department of Trade and Industry and look forward to continued co-operation and partnership with Minister Davies and his team," added Sedibe.

"We all need to work together to promote and nurture entrepreneurship and small business in our country. At the same time, we also need to support local procurement efforts to create more jobs," he added.

Proudly SA congratulated the country’s newly sworn-in ministers and deputy ministers. -