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Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Engagement with the South African National Editors’ Forum (SANEF). #PresidencySANEF https://t.co/5Pfzt6JNOo — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Through your feedback, we can only improve our efforts and ensure that we do what needs to be done to build this vital part of our economy. https://t.co/LZFTpHHjo4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
I look forward to engaging with those businesses that have benefited from various interventions provided by government. It is important to have these discussions so that we can measure the impact of this work. https://t.co/LZFTpHHjo4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
These targets apply across government and all departments are expected to deliver on them. Clearly then, much has been done. But much more must still be done. As government we cannot do everything on our own. https://t.co/SMZaGnFBTt — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
As this administration, we have specifically set aside targets for designated groups. At least 40 per cent must go to women-owned enterprises, 30 percent to youth-owned enterprises and 7 per cent to companies owned by persons with disabilities. https://t.co/LZFTpHHjo4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
As this administration, we have specifically set aside targets for designated groups. https://t.co/LyOXfwwYlS — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
To enable SMMEs and cooperatives to meet the potential demand, our Manufacturing Scheme is supporting these enterprises to build capacity to supply products in the right quality and quantity. https://t.co/LZFTpHHjo4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The Department of Small Business Development is already supporting those that need assistance with certification, quality improvements, compliance and the like. There is really no excuse for not buying locally. https://t.co/xTvq4UTrit — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
We are saying that they should buy local quality goods that can compete with the ones that they are importing and that create much needed jobs in the country. In this regard, the state, including our state-owned enterprises, must take the lead. https://t.co/LZFTpHHjo4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
We really need our corporates to come on board for us to build strong local capabilities. We are not asking corporates to buy goods for the sake of buying locally. #BuyLocal #GrowSouthAfrica 🇿🇦 https://t.co/LZFTpHHjo4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
One of the key elements of the Economic Reconstruction and Recovery Plan is localisation, and we expect SMMEs and co-operatives to play a central role in driving localisation. https://t.co/LZFTpHHjo4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
During the State of the Nation Address two weeks ago, I reported on the mandate given to this department and the National Youth Development Agency at last year’s SONA to support 1,000 youth-owned businesses within 100 days. https://t.co/LZFTpHHjo4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Through the Township and Rural Entrepreneurship Programme we are providing both financial support and business development assistance. The other critical mandate of this department is driving entrepreneurship, particularly youth entrepreneurship. https://t.co/LZFTpHHjo4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The @DSBD_SA has customised interventions for different sub-sectors including automotive, personal care, clothing & textiles, bakeries & confectioneries, tshisanyamas & cooked food, fruit & vegetable vendors, butcheries & spaza shops. https://t.co/sx1qmXMGxD — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
We need to accelerate the implementation of the Township and Rural Entrepreneurship Programme, which will bring a lot more people into the mainstream economy. https://t.co/LZFTpHHjo4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The Department has developed a Business Viability Scheme that will help to position SMMEs to drive economic recovery. I am impressed with the targeted interventions the Department has extended to help enterprises in townships and rural areas. https://t.co/LZFTpHHjo4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
At the same time, we need to introduce new business processes, technologies and equipment to assist them to adjust to the new reality. https://t.co/LZFTpHHjo4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
As we make the transition from relief to recovery, it is critical that we continue to provide support to enable companies to recover. #GrowSouthAfrica 🇿🇦 https://t.co/ImhZAYkVXl — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The total value of interest and capital repayments foregone by SEFA was approximately R106 million, resulting in over 37,000 jobs being saved. https://t.co/7zfdO9MnFG — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The Small Enterprise Finance Agency extended payment holidays on capital and interest payments of up to six months to 220 direct lending clients and six wholesale lending clients. https://t.co/LZFTpHHjo4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
It has been reported that, as a result of the funds paid out under this scheme, over 23,000 jobs were saved. Of the SMMEs approved for support, 67% were black owned, 33% were female owned and 21% were youth owned. https://t.co/LZFTpHpHZu — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The Department of Small Business Development, together with the Small Enterprise Finance Agency, reprioritised over R500 million to establish the SMME Debt Relief Scheme. This was to help small businesses stay afloat during this difficult time. https://t.co/LZFTpHHjo4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
If we are to achieve the goal of the National Development Plan for SMMEs to create at least 90% of the targeted 11 million new jobs by 2030, we need to pay far closer attention to developing small businesses. https://t.co/hBPnlGYx8q — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
In South Africa, while 98% of formal businesses are SMMEs, they make a far smaller contribution to employment and GDP. https://t.co/TjPkp7Xy21 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
In many developed and developing economies, SMMEs generally account for over 90 per cent of all formal businesses. They contribute significantly to GDP and create and sustain employment. https://t.co/8RpIJ6xW4S — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
To achieve an inclusive economy we need to more effectively support the growth of vibrant and sustainable small, medium and micro enterprises and cooperatives. https://t.co/hmyfILxSPx — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
In October last year I presented the Economic Reconstruction and Recovery Plan, which outlines the actions we must now take to rebuild our economy in the wake of the coronavirus pandemic. The Plan aims to build an economy that benefits all our people. https://t.co/j9uPxtSAjK — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Thank you for the opportunity to address this long-awaited engagement with small, medium and micro enterprises and cooperatives, a sector that has a leading role in driving our economy. https://t.co/LZFTpHHjo4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Webinar on SMMEs and Cooperatives supported by @DSBD_SA #GrowSouthAfrica 🇿🇦 https://t.co/vEcWp7CfMd — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The past year has been extremely difficult, but the people of this country have shown great resilience and resolve. The year ahead will also be challenging, but we now have a clear path to recovery. https://t.co/s4aqiTZDa4 — PolitiTweet.org
