this area deserves improved resourcing
and will also be a key priority for the
DTI in the period ahead.
As regards BBBEE, the work on
establishing an implementation and
measurement framework for the
policy and legislation is complete,
and the remaining major step is the
appointment by the President of the
Advisory Council, as envisaged by
the BBBEE Act. Preparatory work has
already been undertaken by the DTI
in this regard, and a decision will be
taken the President in due course.
The BBBEE Advisory Council will
provide the needed strong monitoring
of developments and compliance
with the policy and law, and identify
implementation challenges and
‘unintended consequences’ and
recommend solutions. BBBEE
can contribute to accelerating
transformation and decent work, and
its outcomes as regards workers,
youth, women, disabled, skills
development and workplace equity,
and enterprise development must be
u
s
improved, as must its alignment with
other government policies, notably
industrial policy.
f
o
c
A Strong Capable DTI with
|
Strong Partnerships
S
The scale and depth of the work by
S
the DTI to be undertaken requires
E
that we have the necessary strategic
and technical capacities, as well
I
N as adequate financial resources to
S
effectively discharge our mandate
U
as the DTI, having due regard to the
challenging environment in which
B we operate. We have stepped up
To this end, we have already SMMEs, the poor and economically
our efforts at filling key gaps in the
established the necessary institutional marginalised, and it is extremely
leadership and management echelons
framework for the promotion of a more necessary for the state to improve
of the department and will as a matter
inclusive economy, in the form of the resourcing of this area, which is not
of urgency design and implement a
Integrated Small Business Strategy effectively served commercial banks.
programme to attract and develop the
and the agencies designed to deliver In this regard, Cabinet’s support in
appropriate professional cadreship
support and services to small, medium 2008 for expanding Khula’s mandate
to undertake the work I have
and micro enterprises (SMMEs), to provide direct lending in its target
outlined. We are looking to improve
namely Khula Enterprise Finance to market segment is a significant
systems within the department. I
provide financial support to the under- step forward. This decision must be
do not believe that we need any
serviced market of between R10 000 implemented as soon as possible.
major changes to structures or our
and R250 000; the Small Enterprise A key area where insufficient
organogram at this point, but we do
Development Agency (seda) for non- progress has been made is with regard
need to act smarter, faster and more
financial support; the South African to the promotion and development
effectively. “Continuous improvement”
u
p
p
l
i
e
d
Micro-Finance Apex Fund (SAMAF) for of Cooperatives. Cooperatives hold
is the motto I believe we need to
d s
n
micro-finance of R10 000 and below; major promise to promote economic
follow as we move ahead.
<
as well as the National Empowerment inclusion and an appropriate effective
a
g
e
s a
Fund for financing of Broadbased Black cooperatives model for South Africa
The content of this article has been
m
Economic Empowerment transactions. needs to be urgently developed and
extracted from the DTI Budget Vote
e
t
t
y I
This infrastructure will need to implemented, drawing on the success
Address delivered by Dr Rob Davies,
be consolidated and strengthened of province such as KwaZulu-Natal.
Minster of Trade and Industry, 30
r
e
s
: G
to meet the massive needs of Again, for its socio-economic potential,
June 2009
u
i
c
t
P
80
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