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Introduction to the Black Business Council :

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Title: Introduction to the Black Business Council :


1
  • Introduction to the Black Business Council
  • Presented by Gregory Mofokeng
  • National Executive Committee Member

2
  • Objectives of Presentation
  • Presentation Subject Matter
  • Positioning Small
  • Business to Benefit from Trade Agreements

3
  • INTRODUCTION TO THE BBC

4
  • Introduction
  • Leadership
  • Mr. Ndaba Ntsele President
  • Ms. Tembakazi Mnyaka Vice President-Professionals
  • Mr. Lawrence Mavundla Vice President-Business
  • Ms. Tryphosa Ramano Chairman
  • Mr. Mxolisi Zwane Head of Policy
  • Mr. Sandile Zungu Secretary
  • Ms. Babalwa Ngonyama Treasurer
  • Mr. Xolani Qubeka Chief Executive Officer

5
  • Introduction
  • Vision Statement
  • An inclusive and expanding economy which
    generates wealth for the majority of its citizens
  • Summary of Our Objectives
  • To be a cohesive and united voice of Black
    Business and professionals and advance
    cooperation and collaboration with other
    progressive organisations
  • To contribute towards a comprehensive enterprise
    development culture as the Game Changer towards
    accelerated and sustainable economic growth that
    leads to alleviation of poverty, new job creation
    as well as eradication of gross inequalities
  • The creation of Black Industrialists and
    expanding the middle class that would contribute
    proportionately to the fiscus

6
  • POLICY FRAMEWORK

7
POLICY FRAMEWORK
  • South Africa, as a sovereign state, continuously
    looks for opportunities to enter into trade
    agreements with its trading partners.
  • The main objective for entering into such
    agreements is to facilitate trade between the
    respective countries and regional trade blocks to
    provide for an appropriate policy framework to
    support such trade.
  • In South Africa the dti is the custodian of trade
    agreements.

8
  • South Africas Trade Policy is underpinned by the
    following key principles. To promote
  • Economic Growth Development
  • Industrial Upgrading Diversification and
  • Poverty Reduction through Sustainable Employment
    Job Creation.
  • The dti is also responsible for promoting inward
    and outward investment and preserving the space
    to implement national development plans. (NDP,
    IPAP, etc.)

9
  • Most of the support provided to South African
    companies to aid them with penetrating foreign
    markets and to facilitate inward investment
    resides with the dti.
  • The dti has a plethora of incentives such as the
    Export Marketing Investment Assistance Scheme
    (EMIA).
  • Some of the EMIA objectives are
  • To provide marketing assistance to develop new
    export markets and grow existing export markets.
  • To assist with facilitation to grow FDI through
    missions and FDI research.

10
EMIA BENEFITS
  • Individual Exhibition Participation
  • Transport of samples
  • Rental of exhibition space
  • Construction of stands
  • Interpretation fees
  • Internet connection
  • Telephone installation
  • Subsistence allowance per day
  • Return economy-class airfare and
  • Exhibition fees up to a maximum of R45 000.

11
EMIA BENEFITS CONT.
  • Primary Market Research Foreign Direct
    InvestmentExporters will be compensated for
    costs incurred recruiting in new FDI into South
    Africa through personal contact by visiting
    potential investors in foreign countries.
  • Return economy-class airfare
  • Subsistence allowance per day
  • Transport of samples and
  • Marketing material

12
  • www.thedti.gov.za
  • www.tikzn.co.za

13
POSITIONING
14
  • Are you an exporter or looking for FDI?
  • Join the local business chamber with links to
    provincial and national chamber structures.
  • Organize outbound or inbound trade missions under
    the banner of the chamber.
  • Obtain the list of Trade Agreements from the dti.
    Identify the countries you would like to trade
    with and the areas of business you are interested
    in.

15
  • Liaise with the dti or regional/provincial
    agencies on the type of support available to the
    chamber and its members to undertake trade
    missions. Trade Investment KZN.
  • Seek support from South African Embassies in the
    countries where you are seeking trade
    opportunities.
  • Seek assistance from the local embassies of the
    countries you intent to trade with.
  • Obtain information from the dti about outbound
    and inbound trade missions.
  • Be a regular visitor on the dti website to see
    the calendar of events.

16
  • www.blackbusinesscouncil.org

17
  • THANK YOU!!
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