The Diplomatic Society

 
  • Increase font size
  • Default font size
  • Decrease font size

Requirements to access finance a barrier for small firms - Thabethe

 

Johannesburg - The requirements for small businesses to access finance remains a barrier for small businesses to get funding, the Deputy Minister of Trade and Industry Elizabeth Thabethe said at the ISBC.
Speaking at the closing session of the International Small Business Congress (ISBC) held at the Sandton Convention Centre, Thabethe said while big businesses had entire divisions devoted to obtaining finance, small businesses didn't have the same capacity.
 
She said South Africa is very proud to have hosted the conference and said she had attended many of the breakaway sessions, where she had gained many insights around improving small business support.
At a gala dinner at the ISBC, Thabethe and African ministers together declared 2013 as the year of the entrepreneur for Africa.
 
Catherine Swift, president of the ISBC said presenters at the conference had highlighted the importance of evidence-based policymaking and the importance entrepreneurs can play in transforming countries with a culture of entitlement into nations with people that viewed the creation of wealth as their own responsibility.
 
Sipho Zikode, the deputy director general of enterprise development at the Department of Trade and Industry, said the department aimed to take some of the lessons and best practices raised at the conference to help boost support to small enterprises.
 
Hlonela Lupuwana, chief executive of the Small Enterprise Development Agency (Seda), said the ISBC 2012 had been a watershed moment for Africa and thanked the presenters for their insightful suggestions and contributions on small business.
 
Lupuwana has been elected as the vice-president for Africa for the ISBC.
 
Conference organiser Septi Bukula of Osiba Research said 746 delegates registered to attend the conference, and that more than 70 speakers were registered.
 
Bukula thanked the Department of Trade and Industry for their overwhelming support in helping make the conference happen. - SAnews.gov.za
 


 
 
 
 
 
 
 
 
_________________________________________________

January 2018

 
 
_________________________________________________

Translater


 
 

 
 
 
 

 
 
 

 
 
 
 
 
 
 
 
 
 
 
 

Modest Prosperity 12 December 2017 A book review by K Bhana A seminar was hosted by the Human Sciences Research Council (HSRC) and the Embassy of the PRC in South Africa to launch the second... <|> United Arab Emirates National Day 15 December 2017 The National Day of the United Arab Emirates, Al Yawm Al Watani, is celebrated on 2 December each year. It marks the UAE's Union Day between the... <|> 54th Jamhuri Day Celebrations 15 December 2017 HE Jean N. Kamau, High Commissioner of Kenya to South Africa, hosted the 54th Jamhuri day Celebrations in Pretoria on 7 December 2017. The... <|>   Media and Advertising 14 February 2018 We took a peep into the future of advertising this February when RTAd Ltd, part of Iocono Holdings from London, became Global Media Innovator, GMI... <|> SA eyes World Science Forum 14 December 2017 South Africa has thrown its hat into the ring to host the World Science Forum in 2021. Initially held only in Hungary, central Europe, this biennial... <|> Easing travel regulations between South Africa and Kenya 3 May 2016 South Africa and Kenya have announced measures that will make travelling between the two countries easier. South African Home... <|> <|> 26th Independence Anniversary of Kazakhstan 15 December 2017 21 journalists from 15 countries were invited for an eight day whirlwind tour of three major cities of Kazakhstan, in the heart of... <|> <|> SA Agulhas II sets sail for the 57th Antarctica expedition 15 December 2017 Not long after the SA Agulhas II set off on the International Indian Ocean Expedition, the vessel has once again left the... <|>
© copyright 2011-2017| The Diplomatic Society| All Rights Reserved.