https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / South African News RSS ← Back
Africa|Building|Business|Environment|Industrial|Infrastructure|PROJECT|Infrastructure
Africa|Building|Business|Environment|Industrial|Infrastructure|PROJECT|Infrastructure
africa|building|business|environment|industrial|infrastructure|project|infrastructure
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Embed Video

1

DSBD to provide municipalities with SMME infrastructure development incentives

DSBD to provide municipalities with SMME infrastructure development incentives
Photo by Duane Daws

21st October 2014

By: Leandi Kolver
Creamer Media Deputy Editor

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

The Department of Small Business Development (DSBD) would soon invite applications from local municipalities for incentives to cover the building or renovation of infrastructure that could support small, medium-sized and microenterprises (SMMEs), DSBD acting director-general Pumla Ncapayi announced on Tuesday.

Speaking at the inaugural National SMME Policy Colloquium, in Sandton, she said the provision of adequate infrastructure would enable informal businesses to operate in an improved and more dignified environment.

Advertisement

“We all know that townships and rural areas have been overlooked for a long time in our economy. As such, township and rural entrepreneurs will be receiving infrastructure development initiatives,” Ncapayi said, adding that the department would focus on the entire value chain of businesses up to medium-sized enterprises.

She further noted the department would also aim to support a range of other business segments through the development of small-scale industrial parks, craft centres and business incubators.

Advertisement

“Given that infrastructure is a capital intensive project we will seek partnerships with the private sector, the universities and local municipalities,” she added.

Meanwhile, Ncapayi further indicated that the DSBD would also seek to increase the awareness of entrepreneurship as a viable career path among the youth.

To this end, the department would seek the inclusion of a curriculum including enterprise education at primary and high school level.

Ncapayi also pointed out that, during the year, two centres of entrepreneurship had been established – in the Eastern Cape and Gauteng – with two additional centres set to be launched before the end of this year in Mpumalanga and the Western Cape.

Also speaking at the colloquium SMME practitioner Dr Thami Mazwai said the culture of entrepreneurship among South Africa’s youth had been dulled and replaced by a culture of entitlement.

“We expect government to be the entrepreneurs while we sit in the background,” he said, stating that the country had not yet overcome apartheid in the sense of expecting guidance from government in terms of starting new businesses.

However, he also cautioned against taking the “push” approach with regard to creating entrepreneurs, explaining that currently some institutions tended to push all young people towards starting their own businesses, while some people were better suited to work for others.

“We should rather take the ‘pull’ approach. If we dangle a carrot, the true entrepreneurs will emerge,” he said.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za