Business & Economy

Thursday, 12 October 2017 09:13

Minister Lindiwe Zulu Unlocks Chinese Market for Small Businesses from South Africa

Written by 
Minister Lindiwe Zulu Unlocks Chinese Market for Small Businesses from South Africa

Minister Zulu is leading a South African small business delegation at this year’s China International Small and Medium Enterprises Fair (CISMEF) which takes place in Guanzhou, China, from the 10th of October to the 13th of October 2017

CAPE TOWN, South Africa, October 11, 2017/APO/ -- 

Minister of Small Business Development, Ms. Lindiwe Zulu, has used her time in China to help unlock the Chinese market for South Africa’s small businesses and cooperatives. Minister Zulu is leading a South African small business delegation at this year’s China International Small and Medium Enterprises Fair (CISMEF) which takes place in Guanzhou, China, from the 10th of October to the 13th of October 2017.

Minister Zulu challenged her Chinese counterparts and Chinese businesses to help open their markets to South Africa’s small and medium businesses. “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”, said Minister Zulu.

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.

Small businesses are the heartbeat of our economy and engine for economic growth and job creation

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”.

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”.

Minister Zulu said that her department decided to be the co-hosts with China for this year’s CISMEF because 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.”, said Minister Zulu.

Minister Zulu is accompanied by Ms. Wendy Nelson, MEC for Finance, Economic and Enterprise Development in the North West province and Dr. Ben Malakoane, MEC for Economic, Small Business Development, Tourism and Economic Affairs in the Free State.

Distributed by APO on behalf of Republic of South Africa: Department of Government Communication and Information.

Stellenbosch University

Stellenbosch University (SU) is one of the oldest universities in South Africa. It boasts the highest weighted research output per full-time academic staff member of all South African universities and the second-highest number of scientists in South Africa who have been ranked by the National Research Foundation (NRF) – 429 in 2017. With 24 research chairs under the NRF’s South African Research Chairs Initiative (SARChi) and seven Centres of Excellence, the University is regarded as a leader in the fields of biomedical tuberculosis research and management, wine biotechnology, water research, sustainable energy, animal sciences, and mathematical biosciences, amongst others. SU also participates in various international academic networks. The institution has over 150 bilateral partners in 44 countries on 6 continents and more than 4 300 international students from more than 100 different nationalities.

About Pressportal

MyPressportal is geared towards the South African Market only. A press release can have a huge impact on the marketing of your company, as many journalist use press releases to communicate new happenings from all types of companies and NGO's. MyPressportal is FREE. We do not plan not to make this a paid service. If you would like to know more about the system, please read the FAQ.