Minister of Small Business Development Lindiwe Zulu has unlocked the Chinese market for South Africa’s small businesses and cooperatives.
Minister Zulu is at the China International Small and Medium Enterprises Fair (CISMEF) leading a South African small business delegation.
Minister Zulu said that her department is using CISMEF as a catalyst to unlock markets for small businesses and cooperatives. “We are here to show you a taste of what South Africa can offer”.
“Many SMMEs and Cooperatives have pointed out to us that their growth and sustainability is hampered by lack of access to markets. CISMEF must be a platform that opens the doors for many SMMEs to enter global markets,” she added.
The department has made a commitment to facilitate market access to small businesses.
“The over thirty businesses that we have brought here and many others back home are looking for an opportunity to grow their businesses. Our participation at this year’s CISMEF is our practical effort to promote market access,” she said.
Minister Zulu urged small businesses to seek markets beyond the borders of South Africa.
“The truth is that the walls separating nations are falling and the globe is getting smaller. However, the queues of the unemployed remain unacceptably long, especially in the developing world. CISMEF highlights the importance of global entrepreneurship that cuts across borders”.
Zulu indicated that her department has decided to be the co-hosts with China for this year’s CISMEF because the government is committed to the goal of promoting and sustaining entrepreneurship.
“We believe that investing in small business will help us respond to the many socio-economic challenges that still stubbornly stare us in the face. Small businesses are the heartbeat of our economy and engine for economic growth and job creation.”