With high unemployment, poverty and inequality and a growth rate that is not sufficient to create enough new net jobs; South Africa needs to have a new strategy and plan to change the current scenario and trajectory.
Significantly increasing the manufacturing sector to compete with other manufacturers around the world, has the potential to change the status quo; as competing successfully in the world market means that our manufacturers will continue to grow in numbers and influence around the world.
Currently, most manufacturers are either corporate entities or are run and owned by whites. We have no problem with that whatsoever, but it's not sustainable to have 9 % (which is the percentage of whites in South Africa) creating, owning and running the overwhelming majority of manufacturing businesses.
Therefore, we need an intervention to unlock, from the remaining 81 % of the population, a number of black manufacturers who develop world-class manufacturing plants that can compete with the rest of the world, within South Africa's (and Africa's unique context. Those entrepreneurs will need to be brave, confident and relentless in proving to the world (and ourselves) that we have what it takes to compete with them.
We believe that we can unlock this potential through 5 main pillars:
That is the reason that DTI and government has embarked on a campaign to create 100 black industrialists in South Africa over the next 3 years.
In support of that initiative, the AII (African Industrialist Initiative) will be launched in Claremont, Cape Town and the event date will be confirmed shortly.
The focus of this event will be Funding Flows and Rules of engagement - and we will have government as well as private funders present their criteria and rules of engagement.
Many entrepreneurs are frustrated in not being able to access funding. This event will give them an opportunity to understand the criteria, rules of engagement, timelines and capacity (and willingness) of funders to fund them to reach their vision. We will also present successful funding recipients with an opportunity to share their success stories and how they managed to access funding.
We will have funders and successful fund recipients presenting their criteria, rules of engagement and success stories; and delegates will then have an opportunity to pose questions to the speakers.
We will have 4 other events during the year to focus on the other 4 pillars; so that we are able to create the foundation for the success of our African industrialists.
To radically change the manufacturing sector to be representative of South Africa & Africa's Population
To facilitate in the development of thousands of black manufacturing businesses in South Africa and Africa;
that compete and produce products at world class level, within the markets they operate in;
and thereby contribute to changing South Africa and Africa's reality to one of;
success, prosperity and freedom from poverty, inequality, unemployment and financial bondage
CURRENT AND POTENTIAL AFRICAN INDUSTRIALISTS (R1200 per delegate)
African Manufacturers, Engineers and Potential Manufacturers
FUNDERS (R1200 per delegate)
Government funders, Private Sector Funders (including Banks), CSI Funders, High Net Worth Individuals
SUPPLIERS/SERVICE PROVIDERS (R1200 per delegate)
Suppliers and providers of services and equipment to the manufacturing sector.
Please use your name as the reference. If there is more than one delegate from your business, please use your company's name as a reference.
Name of Bank ABSA
Name of Account Sedi Software and Training Specialists (Pty)Ltd
Account Number 40-7261-8697
Branch Code 632005