Posted: June 23, 2022
The Department of Trade, Industry and Competition (the dtic), in partnership with the eDumbe Local Municipality will host a youth business seminar that aims to cater for youth businesses at the eDumbe Community Hall in Paulpietersburg, KwaZulu-Natal, on Monday, 27 June 2022 from 9:00.
According to the Deputy Minister of Trade, Industry and Competition, Ms Nomalungelo Gina, the business seminar will be hosted as part of the youth month programme of 2022, which marks 46 years since the 1976 student uprising.
Gina explains that recent unemployment statistics for young people have been a cause for great concern, and as a means of drawing more young people into the economy, the dtic will be taking the seminar to the town of eDumbe to promote entrepreneurship amongst the young people in the area.
“Statistics reveal that only 23% of eDumbe’s population live in an urban area while 77% live in the rural hinterland of the municipality. This factor suggests that there are limited opportunities for economic development and limited participation of youth in the economy of the town. It is envisaged that our seminar will set off a culture of economic activism in the youth and spur active participation in the economic ecosystem of eDumbe and surrounding towns,” she says.
Gina explains that the seminar is a marketing intervention aimed at engaging and informing small, medium and micro enterprises (potential, emerging and existing ones) and increasing awareness regarding the dtic Group and the products and services it offers.
She adds that the campaign will be administered in an interactive information-sharing session where the dtic and its agencies will engage the youth on issues that range from registration of a company to securing funding and intellectual property. Several agencies of the dtic will also be in attendance to field questions that may arise regarding their product offerings and services.
Bongani Lukhele – Director: Media Relations
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Issued by: The Department of Trade, Industry and Competition (the dtic)
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