South Africa should ensure small business participation through JVs, FDI investments – Zulu

South Africa has to find ways of ensuring that small businesses participate actively in the global market, not just through export facilitation, trade exhibitions and market access opportunities obtained through preferential market opportunities, but also through joint ventures (JVs), foreign direct investment (FDI) and access to capacity building, Small Business Development Minister Lindiwe Zulu said on Monday. Speaking at the Southern African International Trade Exhibition (Saitex) in Midrand, she highlighted that government’s Nine-Point Plan to boost economic growth and create much-needed jobs “could potentially accelerate the growth of the economy by an additional 0.8 percentage points in the short term and one percentage point in the medium to long term”. This was in addition to the projected growth of 0.7% in 2016.