Showcasing innovative business ideas

This year's Durban Business Fair will take place from 16 to 18 October

The Minister of Telecommunications and Postal Services, Siyabonga Cwele was impressed by the high level of innovative business exhibition stands he viewed during the South Regional Business Fair exhibition at KwaMnyandu Mall in Umlazi.

Over 4000 people attended the three day exhibition and Business Indaba.

Addressing the Business Indaba, which is running simultaneously with the exhibition, Cwele reiterated the need for entrepreneurs to come up with unique businesses that are technologically driven as this will enable their businesses to operate more efficiently.

“Government is busy trying to come up with more creative opportunities to revive townships, therefore I am happy to witness such innovative business in uMlazi because this proves that you are also dedicated in working with us to uplift the township economy and create employment for your own communities,” said Cwele.

This year’s Indaba included a youth panel discussions where young people had to come up with innovative ideas to uplift the townships in order to attract more investors.

Cwele said technology is the key pillar for growing and developing a sustainable business. He made reference to the fact that in all schools across the country the government will introduce technology as part of the school curriculum to build a culture of entrepreneurship to learners at an early age.

He pledged to support the upcoming Durban Business Fair and said that he would bring the Information and Communication Technology (ICT) manufacturing businesses to inspire Small, Medium and Micro Enterprises and further encourage them to diversify to technology in order for them to grow their businesses.

The Durban Business Fair will take place from 16-18 October 2015 at the Durban Exhibition Centre.

Speaker Logie Naidoo echoed Cwele’s sentiments adding that businesses must move with the times and equip themselves with technology in order to address triple challenges of poverty, unemployment and inequality.

]He also mentioned that as a Municipality that cares for the growth of its citizens they are prepared to offer relevant training once businesses diversify to technology.

South African Idols winner and musician Khaya Mthethwa inspired entrepreneurs with his motivational speech.

“Hard work and perseverance pays offs and whenever you think of quitting just remember that big businesses that are trending worldwide also started small.”


comments powered by Disqus


This edition

Issue 68