Trade, Industry and Economic Development Minister Ebrahim Patel says government will over the next five years invest R40 billion to create an additional 400 black industrialists.
Cabinet has welcomed the R20 million Enterprise Development Pilot Project that aims to revitalise the country’s industrial parks and support the integration of local economic development to bolster the small business sector.
Government should incentivise people so as to encourage them to be innovative and succeed, says a representative of the Trade and Industrial Policy Strategies (TIPS).