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2008-07-11: Joburg hosts exhibition for informal traders

THE City of Johannesburg will be hosting an exhibition day for 450 informal traders on Saturday 12 July 2008 from 1.30pm to 5pm. It will take place at Wits University, in the Concourse Senate House.

Various government departments and business institutions including DTI, SEDA, Umsombovu, SARS, CIPRO, ABSA, FNB, Nedbank and some of the City's entities like the Fresh Produce Market, Joburg Water, Metro Trading Company and a critical department, the Johannesburg Metro Police have been invited to exhibit.

"The intention is to provide exhibitors with the opportunity to show informal traders what support is available in general for SMME's as well as market specific products", said Xolani Nxumalo Deputy Director SMME Development and Support from the City's Department of Economic Development.

He said, "This is the culmination of a six month Basic Business Skills training programme run by Wits University which is also a delivery partner for the Grow Your Business programme".

He added that on the 20 July 2008, a certification ceremony will be held in the Senate House for traders who had successfully completed the course.

"Business from across the spectrum have been invited to present marketing information on business development guiding notes, business plans, what is required to open an account, information on loans, potential markets and health and bylaw enforcement matters", said Nxumalo.

The City's DED has facilitated the training of 700 informal traders in the 2007/08 financial years at a cost of R3million in Basic Business Skills-Grow Your Business project and ABET training. Through its partnership with Wits, the City has trained 2000 informal traders since 2005.

This training is due to the recognition that there are limitations with regards to business management knowledge. As part of its investment, development and support for informal traders into the first economy, opportunities are being created as part of the City's vision to transform itself into a globally competitive world-class city by the year 2030.

 

"Joburg, a City where community development, personal growth and social mobility are enhanced so that challenges of poverty, vulnerability, inequality and social exclusion are fundamentally addressed".