Page 7 - W_&_RSETA_Wholesale_&_Retail_SETA_October
P. 7

Informal traders become successful



                                       entrepreneurs






                                                              Mthimkhulu  also highlighted some of the project successes
                                                              including new ventures that  were started by the  learners.
                                                              Addressing the informal traders, Mthimkhulu said his company
                                                              would continue to support traders through the challenges of
                                                              formalising their businesses including the stringent requirements
                                                              for obtaining business licences.









                          The graduates.


      Another significant achievement of the W&RSETA in 2021 was the
      successful  completion of the pilot Small Traders Empowerment
      Programme (STEP).

      The multi-pronged  programme aims to boost business
      development by empowering informal traders and training young
      people to start their own businesses.                               Mhlengi Ngubane from DEDTEA.

      The programme registered 300 young people on the New
      Venture Creation Learnership and capacitated 120 informal   From the KwaZulu-Natal Department of Economic Development,
      traders from seven retailer associations on business improvement   Tourism and Environmental Affairs (DEDTEA), Mhlengi Ngubane
      and compliance.                                         said the department supported this project as it is linked to
                                                              their objectives  of job creation, sustainable  development and
      This is the W&RSETA’s first-ever learnership programme to be   economic growth.
      implemented by informal traders and has registered an impressive
      92% success rate with 275 learners completing the programme.   The department had partnered with MTDI  to provide technical
      A befitting graduation celebration was held on 26 October 2021   support and advice on regulatory framework for informal traders.
      in Durban to handover certificates to the learners and informal   Ngubane thanked the W&RSETA for its contribution to the
      traders. The W&RSETA has invested over R19 million towards the   province’s growth and skills development through this and other
      project which commenced in August 2020.                 projects. He urged for STEP to be replicated in other areas in
                                                              order to benefit more young people.




















          Sibusiso Mthimkhulu speaking about the project.

      The Managing Director of Mthimkhulu Training and Development
      Institute (MTDI) Sibusiso Mthimkhulu detailed how his company   Dr Zandile Makhaya addressing the graduates.
      was provided this opportunity - a first  for his company, and
      how his team did everything possible to ensure its successful   Dr  Zandile Makhaya  shared a personal journey  on how she
      completion. Despite the challenges of the COVID-19, the project   obtained a doctorate  from humble beginnings. She too,
      was completed within schedule.                          encouraged the young graduates on the steps required to succeed
                                                              in business.                                         6
     W&RSETA  | October 2021
   2   3   4   5   6   7   8   9   10   11   12