The Department of Trade and Industry (dti) is to host the Black Industrialists Indaba in Midrand, Gauteng.
The indaba, which will be held from 25 – 26 March, seeks to advance government’s key developmental objectives of industrialisation, skills development, job creation, localisation and supplier development.
This is to help create and develop black industrialists and entrepreneurs.
Dti Deputy Minister Mzwandile Masina, who launched the Black Industrialists Development Programme last year, said the purpose of the indaba is to engage and generate dialogue between the public sector and key private sector stakeholders on black industrialisation.
The indaba will also look at the progress that has been made by the dti on transforming the economy through promotion of industrial development, investment, competitiveness and employment creation in order to achieve inclusive growth.
“The indaba is key to creating and advancing transformation by building on the synergies between the public and private sectors and also creating an environment, whereby there will be economic development activities over two days with participants and entrepreneurs from all nine provinces having exhibition stands to showcase their products and services,” said Deputy Minister Masina.
The Black Industrialists Development Programme is an initiative of the dti, which is intended to promote the participation of black industrialists as manufacturers for the key sectors identified in the Industrial Policy Action Plan (IPAP) and other related sectors that will have a huge impact on driving economic growth and development. This includes the infrastructure components required by the various built projects within the country.
Deputy Minister Masina said the indaba will pave the way in the finalisation of the policy framework as well as the criteria and application process.
“The recommendations from and outcomes of the indaba will further provide government with a more accurate base of developing products and services that seek to advance sustainable and economically viable black industrialists,” he said.
The indaba will be held at Gallagher Convention Centre.