SA, Zim pledge to help small business

South Africa and Zimbabwe have agreed to boost development of small enterprises and co-operatives in both countries, the trade and industry department said

A team responsible for co-operative development in South Africa would visit Zimbabwe by February 2013, according to an agreement signed between the two countries in Harare on Tuesday.

“[It will] study the setting up of a co-operative training academy in that country, explore areas of commodity exchanges and facilitate trade among co-operatives from both countries,” the department said in a statement.

“The group will also study... a franchise that seeks to facilitate relationships between small manufacturers, suppliers and the co-operatives, especially in rural areas.” 

Deputy Trade and Industry Minister Elizabeth Thabethe said in a statement: “The expected beneficiaries of these visits and interaction between governments will be business people themselves. There is a lot that our countries can co-operate in for the development of our small business sector.” 

The Small Enterprise Development Agency of SA its Zimbabwean counterpart would meet soon to discuss areas of co-operation and the possibility of signing a memorandum of understanding by year-end.

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