Posted: July 4, 2022
A Rustenburg-based North West company, Prelec Mining Supplies, will get an opportunity to showcase its products and services internationally when it participates in the Filda Trade Exhibition that will take place in Luanda, Angola from 12-16 July 2022.
Prelec will be one of the almost 20 companies that will be located in the South African Pavilion provided by the Department of Trade, Industry and Competition (the dtic). This is part of the department’s efforts to assist the South African companies seek trade and investment opportunities in various markets, particularly across the continent.
The Managing Director of Prelec, Mr Rueben Matlapeng, has expressed his gratitude for the opportunity provided by the dtic to exhibit his company’s products and services at Filda, which is one of the biggest and most popular multi-sectoral trade fairs in Africa.
“Participating in Filda is in line with our ambitions and strategic plans to extend our footprint into the continent. We are looking forward to interacting with businesspeople from various countries. As a company, we are specifically targeting businesspeople operating in electrical engineering space including the mining industry and state-owned entities responsible for their countries’ electricity supply,” says Matlapeng, whose company employs 21 people permanently.
He adds that his company’s products, which include electrical cables, electrical connectors, safety products, high pressure cleaners, and heavy duty machinery lubricants, are already being exported to Zambia, Zimbabwe and Botswana.
“As part of our efforts to penetrate the African market, we participated in the mining exhibition that took place in the Democratic Republic of the Congo last month where we were also assisted by the dtic. We had good trade leads there, which we hope will soon develop into concrete deals. We have noticed that the demand for our products is starting to grow and we are optimistic that we will have a successful trip to Angola,” says Matlapeng.
According to the Deputy Minister of Trade, Industry and Competition, Ms Nomalungelo Gina, the return on investment for the dtic will be seeing companies South African supported by the department returning from Angola with deals.
It is envisaged that returning back with export orders will assist in them employing more people and investing in growing their businesses to increase production in order to service the new export deals, thereby contributing to job creation, increased export revenue and growing the South African economy.
Bilateral trade between South Africa and Angola stood at just above R10 billion last year, with South Africa exporting goods worth R4.8bn to Angola, and importing goods to the value R5.3bn from the country during the period
Bongani Lukhele – Director: Media Relations
Tel: (012) 394 1643
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Issued by: The Department of Trade, Industry and Competition (the dtic)