14 NOVEMBER 2016

The Richards Bay Industrial Development Zone is set to become a motor-force of change and take a central role in the radical transformation of the economy in the province. The entity is deliberately focusing on the training of emerging contractors as part of efforts aimed at fast-tracking their entry into the mainstream economy. These are the sentiments of the RBIDZ CEO Mr Pumi Motsoahae after an intensive training of twelve (12) Emerging Contractors representing different sectors of the economy. This has been the second group, succeeding the nine (9) Emerging Contractors that were offered the same training in 2015.

Amongst those who were present in the Certificates Award Ceremony held recently at the RBIDZ offices was Chief Financial Officer Mr Mzamo Khuzwayo who stressed that “Investing in skills development is similar to investing in the future and prosperity of this country,” 

Excitement was shown on the faces of recipients who expressed their appreciation to the entity for “changing their lives for the better”. The contractors were carefully chosen and ranged from youth and women-owned small businesses operating at the bottom of the pyramid.  
“We are cognizant of the fact that we have to implement the programme of action as articulated by the MEC for Economic Development, Tourism and Environmental Affairs Sihle Zikalala,” RBIDZ CEO – Mr Motsoahae remarked. He stressed that it was important for the entity to move with speed in assisting MEC Zikalala to achieve targets on job creation as contained in the provincial growth and development strategy. 

“Mr Zikalala in his capacity as Leader of Government Business and Chair of the Economic Cluster has singled out SMMEs as deserving attention. Working with various government departments, entities, financial institutions including other stakeholders, we want to invest in training and mentorship of SMMEs,” the CEO said. 

Mr Motsoahae, further emphasized that when the provincial government started this term of office in 2014, the Department of Economic Development, Tourism and Environmental Affairs set aside R25, 6 million for training of SMMEs. Importantly, over the years, the provincial government has attempted to ensure that state resources are used to drive the new developmental programmes of poverty alleviation through the development of the SMMEs.