Black Industrialists projects attract R13.2bn


    The 131 projects that have been approved under the Black Industrialists Scheme have resulted in increased investments and job creation.

    “The approval of these 131 projects of black entrepreneurs has leveraged over R13.2 billion of private-sector investment, about 9 500 new jobs created and 8 900 retained in a wide range of manufacturing sub-sectors,” Trade and Industry Minister Rob Davies said on Tuesday.

    The Minister was responding to members of the Trade and Industry Portfolio Committee on issues relating to his department that emanated from the State of the Nation Address.

    The Black Industrialists Scheme is the incentive programme of the Black Industrialists Policy which aims to promote the participation of black industrialists as manufacturers in key sectors of the economy as identified in the Industrial Policy Action Plan (IPAP).

    Going forward, Davies said the dti will increase efforts of providing financial, market access, capacity building and technical support to approved Black Industrialists in collaboration with state-owned companies, other government departments and the private sector.

    Davies further announced that in 2018, 22 trade missions and 20 national pavilions were undertaken across the world, where the dti supported companies to showcase their products and services.

    Over 800 enterprises were assisted and approximately R4 billion export sales were recorded.

    According to him, 15 National Pavilions are planned and 864 enterprises are expected to be supported in 2019. 

    With efforts to revitalise industrial parks to enable them to serve as catalysts for broader economic and industrial development in their host regions (townships and rural areas), Davies said R300 million has been approved for the second phase of the industrial park’s revitalisation.

    To date, six Industrial Parks have been launched and funded to the value of R511 million and four will be ready to be launched this year.

    The Industrial Parks Revitalisation Programme is one of the flagship programmes of government aimed at facilitating broad-based economic participation to achieve inclusive growth, as well as facilitating the transformation of the economy.

    The Minister further mentioned that 2019 will see the launch of Eastern Cape, Limpopo, Northern Cape and the Free State InvestSA One Stop Shops, in addition to the operational offices in Pretoria, KwaZulu-Natal, Gauteng and the Western Cape. 

    These one-stop shops are critical to facilitating and increasing quality investments into the economy, he said.

    Meanwhile, the Minister announced that all contracts that were wrongly issued for imports must be cancelled and re-issued according to localisation regulations.

    According to Davies, where the localisation regulations were applied, there was an increase of investments and job creation, therefore as government, he said they were not apologetic for applying localisations tools.

    “It is therefore imperative not only to get the money back in some cases but to cancel and re-issue contracts according to the localisation regulation. We are pleased with the process of rectifying these import leakages as a result of non-implementation and corruption of the programme,” said Davies.

    Despite many challenges, the localisation programme faces, significant investments, new capacity and capabilities have been created.

    He said that collaborative platforms with global original equipment manufacturer through inter alia technology and skills transfer programmes have been realised, new products were developed and factories launched at the back of rail localisation.


    1. I know this if off topic but I’m looking into starting my own blog and
      was wondering what all is required to get set up?

      I’m assuming having a blog like yours would cost a pretty penny?

      I’m not very web savvy so I’m not 100% positive. Any suggestions or advice would be greatly appreciated.

    2. I loved as much as you’ll receive carried out right here.
      The sketch is tasteful, your authored material stylish.
      nonetheless, you command get got an shakiness over that you wish be delivering the following.
      unwell unquestionably come further formerly again as exactly the same nearly very often inside case you
      shield this increase. asmr 0mniartist

    3. Hello very cool blog!! Guy .. Beautiful .. Wonderful .. I will bookmark your blog and
      take the feeds additionally? I am happy to find a lot of useful
      info right here in the post, we need work out more techniques on this
      regard, thank you for sharing. . . . . .

    4. First of all I want to say superb blog! I had a quick question which I’d like to ask
      if you don’t mind. I was curious to find out how you center yourself and clear your mind before writing.
      I’ve had a tough time clearing my mind in getting my thoughts out.
      I do take pleasure in writing however it just seems like the
      first 10 to 15 minutes are wasted just trying to figure out how to begin. Any recommendations or hints?
      Thank you!

    5. I think everything published made a bunch of sense.
      However, consider this, what if you were to
      write a killer headline? I am not saying your content isn’t good., however
      what if you added a headline that grabbed people’s attention? I mean Black Industrialists projects attract R13.2bn | Pioneer Community News is a little plain. You could glance at Yahoo’s home page and see how they
      create news titles to grab people to open the links.
      You might add a related video or a related picture
      or two to grab people excited about everything’ve got to say.
      Just my opinion, it would bring your website a little bit more interesting.

    6. free dating sites
      What i do not understood is actually how you’re no
      longer really much more neatly-favored than you might be now.
      You’re very intelligent. You understand therefore considerably in the case of this subject, produced me personally consider it from
      numerous varied angles. Its like women and men aren’t fascinated until it’s one thing
      to do with Lady gaga! Your individual stuffs excellent.
      Always deal with it up! free dating sites

    7. Have you ever thought about including a little bit more than just your articles?

      I mean, what you say is valuable and everything. Nevertheless just imagine if you added some great visuals or video clips to give your posts more, “pop”!
      Your content is excellent but with pics and
      clips, this site could certainly be one of the most beneficial in its
      niche. Wonderful blog!

    8. It is the best time to make a few plans for the longer term and it’s
      time to be happy. I have read this publish and if I could
      I wish to recommend you some fascinating things or suggestions.
      Maybe you can write next articles relating to this article.
      I wish to read more things approximately it!

    9. It’s a shame you don’t have a donate button! I’d most certainly donate to this excellent
      blog! I suppose for now i’ll settle for book-marking and adding your RSS feed to my Google account.
      I look forward to new updates and will share this site with my Facebook group.
      Chat soon!

    10. It is appropriate time to make a few plans for the future and it is time
      to be happy. I have learn this post and if I could I desire to suggest you some interesting issues or tips.
      Perhaps you can write next articles regarding this article.
      I want to read even more things about it!

    11. Greate article. Keep writing such kind of information on your page.
      Im really impressed by your site.
      Hi there, You have performed an excellent job. I’ll certainly digg it and in my opinion recommend to
      my friends. I’m sure they’ll be benefited from this website.

    12. I not to mention my pals happened to be digesting the excellent items found on your site and then suddenly I had a terrible suspicion I never expressed respect to the site owner for those secrets. Those men were for that reason passionate to learn all of them and now have simply been having fun with these things. Appreciate your truly being really thoughtful and then for pick out this sort of perfect subject areas millions of individuals are really needing to know about. Our honest regret for not expressing appreciation to you sooner.