Good news for informal traders

Empowering informal traders in the City of Johannesburg to reach their full economic potential could soon be realised.

This according to the MMC for Economic Development, Sharon Peetz who answered the question directed at her from the Economic Freedom Fighters in a recent council sitting.

Despite there being no direct budget allocated for training programmes aimed at informal traders, the draft 2017/18 budget has awarded R9 million towards informal trade.

“This will be used towards a number of interventions such as piloting management of trading spaces in the inner city with matched private sector funding,” she said.

The current offering of Small, Medium and Macro Sized Enterprise (SMME) hubs does not consist of enough outreach programmes aimed at targeted groups such as informal traders, Peetz said.

Read: Are informal traders needed?

The SMME system is in the process of being reshaped in the next financial year, with more interventions aimed at empowering informal traders to be developed.

The department, Peetz said, will also better their relationships across all spheres of government where informal traders are specifically targeted.

“More importantly we plan to resuscitate programmes tailored towards empowering traders through partnerships with higher educational institutions to focus programmes tailored to skills education for traders.”

Currently, the City’s emergency management service, environmental health service, Metro police and Citizen Relationship and Urban Management Department conduct bylaw education with traders. Economic development skills training could soon be added.

 

Also read: No to informal trading 

Receive breaking news and updates by becoming a member of our WhatsApp community. Send your name and surname to 079 439 5345. 

find your
dream home

looking for an
affordable
apartment

List your Property

It's easy in only three
simple steps...

find professional
services in
your area

Locate a business
operating in
your area

List your Business

Want more customers? They're online right now, searching for businesses like yours. Place your ad now...

Latest News

COMMENTS

northsider_2015randburgsun_2015getitlooklocal.co.zaAutodealer.co.zaAdobe Photoshop PDF
Top
Recommended Story
Much anticipated budget adjustment approved

Thanx for your referral. We have no doubt your friends will love our newsletter as much as you!

Don't forget to verify your email.

SUBSCRIBE
to our free NEWSLETTER
!
SUBSCRIBE to our FREE newsletter.




SELECT your titles:

Alex News
City Buzz
Fourways Review
Joburg East Express
Midrand Reporter
North Eastern Tribune
Northcliff Melville Times
Randburg Sun
Roodepoort Northsider
Rosebank Killarney Gazette
Sandton Chronicle


Your details:


Your friends:

I didn't sign up for this
I'd like to see and read more... (Please indicate in comments section below)
I'm relocating (Please indicate where to)
Other