Efforts made to revive economy

Approximately R4,5 million has been earmarked for establishing wholesalers in selected Free State townships.

The Free State Department of Economics, Small Business Development, Tourism and Environmental Affairs made this announcement on Monday (16/11).

Townships around Sasolburg, Welkom, Bloemfontein, Botshabelo and Virginia will be targeted.

This initiative forms part of government’s continued efforts to revive the economy in townships. The main objective is to create trade opportunities for small enterprises.

According to Kgotso Tau, spokesperson for the department, the initiative is a result of a private-public partnership.

This followed the department’s engagement with Pick n Pay and Absa to establish an exciting store in the selected township.

“This concept combines the support of Pick n Pay’s supply chain with the store owner’s discretion to procure certain locally produced items directly from their own suppliers,” said Tau.

According to Tau, this initiative is meant to provide bulk buying support for informal businesses in the townships through distribution and wholesale.

Tau said the plan is to create opportunities for at least seven enterprises across the selected towns during the initial stage.

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