60 SA SMEs to grace lo­cal expo

Chronicle (Zimbabwe) - - Business Chronicle -

AT least 60 South African small busi­ness com­pa­nies are ex­pected to take part in the 6th edi­tion of the Small and Medium En­ter­prises In­ter­na­tional Expo which is set for Oc­to­ber in Harare.

The in­ter­na­tional expo, which is ex­pected to bring com­pa­nies and del­e­gates from other coun­tries, will be run­ning un­der the theme “en­hanc­ing in­vest­ment in SMEs to un­lock value and new mar­kets”.

SMEs in­ter­na­tional expo board chair­man Mr Sim­barashe Maka­hamadze said the expo is grow­ing an­nu­ally as the num­ber of par­tic­i­pants are in­creas­ing.

“Last year 30 South African com­pa­nies par­tic­i­pated dur­ing the expo and this year we are ex­pect­ing to dou­ble the num­ber of South African par­tic­i­pants.

“Es­tab­lished in 2011 with a vi­sion to be the lead­ing in­ter­na­tional busi­ness expo that con­nects SMEs from all sec­tors of the econ­omy and other cor­po­rate com­pa­nies from Africa and be­yond, the an­nual expo has grown sig­nif­i­cantly,” he said.

Last year, 150 ex­hibitors took part in the an­nual ex­hi­bi­tion and this year the com­pany has roped in Red­fox En­ter­tain­ment in an effort to de­velop the lo­cal arts in­dus­try to gain recog­ni­tion as a busi­ness.

“We have ex­pe­ri­enced a steady in­crease in terms of qual­ity and quan­tity of ex­hibitors lo­cally, re­gion­ally and in­ter­na­tion­ally.

‘‘The trend has also been sim­i­lar in terms of spon­sors who have trusted and be­lieved in us over the years. From 61 ex­hibitors at our in­au­gu­ral expo in 2011, we have seen a 12 per­cent an­nual av­er­age in­crease of lo­cal, re­gional and in­ter­na­tional ex­hibitors.

“We have also adopted world-class ex­hi­bi­tion prac­tices and par­tic­i­pa­tive man­age­ment to con­tin­u­ously learn and grow,” he said.

Of­fi­cially launch­ing the SMEs expo Small and Medium En­ter­prises and Co­op­er­a­tive De­vel­op­ment Min­is­ter, Sithembiso Ny­oni said Gov­ern­ment is en­gag­ing the pri­vate sec­tor to part­ner the SMEs to boost their pro­duc­tion.

“We as Gov­ern­ment and as a min­istry in par­tic­u­lar would like to en­gage the pri­vate sec­tor to drive the econ­omy whilst Gov­ern­ment cre­ates the con­ducive en­vi­ron­ment for growth of busi­nesses,” she said.— BH24.

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