Office of the Chief Whip
More than 100 informal traders have been empowered with skills to run their businesses efficiently and manage their finances
The ANC Government has established two instruments that are earmarked for the support and upliftment of informal and micro businesses. As a consequence of that 136 informal traders from Soweto, received certificates from the Minister Small Business Development after they completed entrepreneurship training through a partnership between the Department of Small Business Development and the Wholesale and Retail SETA.
This is after the traders have attended a 10-module training course, which included financial management, merchandising, stock rotation, point-of-sale, marketing and selling skills, personal hygiene, and health and food safety.
So far 992 informal traders and 45 informal trader organisations - a total of 1 037 - have been trained in business and retail-related skills
The ANC welcomes the R50 million that has been allocated for the roll-out of the Shared Economic Infrastructure Facility and support for informal businesses generally, this will go a long way in building a support networks for small businesses and cooperatives.