Zulu urges black business to ‘do things differently’

2016-07-11 11:58
Minister of Small-Medium Enterprises Lindiwe Zulu addressing the annual business network conference at the Royal Showgrounds on Saturday.

Minister of Small-Medium Enterprises Lindiwe Zulu addressing the annual business network conference at the Royal Showgrounds on Saturday. (Thabang Mathebula, The Witness)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Pietermaritzburg - Black people need to workout things differently in order to build their stake in the economy.

This was according to Minister of Small-Medium Enterprises Lindiwe Zulu, who spoke at a TrueVine Business Network conference in Pietermaritzburg on Saturday.

She said many small businesses were not sufficiently equipped and had insufficient resources or experience to do work for the government.

But she urged black-owned companies to persevere.

“Did you know that government spends R1 billion a day on infrastructure?

“We are talking about road maintenance, schools and clinics infrastructure. And the number of black businesses benefiting from it is like a drop in the ocean,” she said.

“But we need to think differently and do things differently to take control of the economy,” she added.

“You need to study and have knowledge about the economy. For those who have it now, have worked hard for it,” she said.

Zulu also spoke highly of Durban businessman and iconic black economic empowerment leader Don Mkhwanazi, who died recently.

Zulu said black business people should try and emulate Mkhwanazi’s example of empowering emerging business owners.

She said if black people continue to resist changing their mindset, they will have the same regrets in the next 23 years.

After 1994, while the democratic government was focused on building governance and security in the country, the other “part” was accumulating wealth from the economy, she said.

“Now I say to you, don’t have the same regrets in the next 23 years. Let us explore ways to grow the economy and own it. You should prove that you are capable,” she said.

“If we don’t change, we are going to be resentful. Let us find the system and mechanism that works.”

Zulu also attacked the media for biased reporting.

“We are not telling you what you must not publish or show. We see all the front pages with stories of what black people do wrong, the violence and vandalised schools in Vuwani.

“But recently we saw a story of Reeva [Steenkamp], where there was a court order that was lifted to allow photographs of her death to be published, but some of the media did not publish them, stating that they were too graphic.

“But a Mozambican man who was stabbed terribly and killed, his pictures were published. Were they also not too graphic?” she asked.

• thabang.mathebula@witness.co.za

Read more on:    pietermaritzburg  |  business

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

Inside News24

Competition regulation for a growing and inclusive economy

ADVERTORIAL: The Competition Commission of South Africa is conducting advocacy work in the South African automotive aftermarket industry and has gazetted a Draft Code of Conduct for public comment.


WATCH: Man films himself going down water slide upside down as things go very wrong…

What is at first an exciting tummy-turning adventure stunt, quickly turns into a scarily bad idea caught on camera. Take a look:


You won't want to miss...

WATCH: Conor McGregor: Notorious the trailer
Best date night restaurants in South Africa
WATCH: Ryan Reynolds offers fans a free tattoo in new Deadpool 2 teaser
Should you date your co-worker?
Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.