The dti supports emerging miners

The Department of Trade and Industry (the dti) has supported 11 Small, Medium and Micro Enterprises (SMMEs) operating in the mining sector — to showcase their products and services at Mining Indaba.

A National Pavilion that has been set up in partnership with the Department of Mineral Resources (DMR) and Brand South Africa at the Investing in African Mining Indaba that takes place this week at the Cape Town International Convention Centre (CTICC) from 5 to 8 February 2018.

DTI
Image credit: The Department of Trade and Industry

The eleven SMMEs hailing from various parts of the country were supported through the dti’s Sector Specific Assistance Scheme. It is by showcasing at the National Pavilion that these companies will have opportunities to meet prospective buyers and investors.

According to the Minister of Trade and Industry, Dr Rob Davies, the Mining Indaba provides a global perspective on African mining giving an opportunity for government to utilise it to the advantage of its private sector. He adds that it is therefore important for collaboration between business and government as it is beneficial as it provides a global perspective on African mining issues to companies which would not ordinarily get access to such platforms.

“The event is also a huge marketing opportunity for South Africa to highlight its investment opportunities in this sector. Supporting emerging minors and mining related services companies to showcase at the Indaba is part of the implementation of the country’s Industrial Policy Action Plan and the National Beneficiation Strategy. It will help them obtain more information on the dynamics of the industry and the available investment and export opportunities in the different parts of the continent,” says Davies.

He adds that the mining and capital equipment sector is an important component of the country’s industrialisation objectives.

“As government we are committed to working with the industry to achieving these goals,” says Davies.

The Investing in Africa Mining Indaba is the world's largest gathering of most influential stakeholders in the African mining industry. They range from global mining and exploration companies, international investors, investment banks, mining equipment companies and mining services providers. It attracts about 7 000 delegates.


 

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