New MSMEs policy to stimulate growth of sector

By Sifiso Mpofu

THE Government says the new micro, small and medium enterprises policy will contribute to the creation of a conducive environment for the growth of the small to medium enterprises sector.

The Minister for Women Affairs, Community, Small and Medium Enterprises Development, Dr Sithembiso Nyoni was in Gwanda this Saturday for the groundbreaking ceremony of the construction of a modern vendor mart. The vendor mart will accommodate fifty-six informal traders.

In her address, the Minister said cabinet recently approved an MSMEs policy that will aid the growth of the critical industry and called on local authorities to ensure that their bylaws are in sync with the new document.

“I also wanted to discuss with councils our new policy and strategy which has 12 pillars and among the pillars is the legal framework. With the framework is the revision of bylaws that affect SMEs. We are saying councils should no longer plan for vendors and informal sector but SMEs who are in every sector.”

The Gwanda Municipality is partnering government in the construction of the vendor Mart. The Municipality’s Economic development officer said various sites have also been identified for the establishment of descent infrastructure for trading.

“The municipality of Gwanda is in the process of establishing hygienic market places for informal trading zones around the town.”

The Minister of State for Matabeleland South Provincial Affairs, Cde Abednico Ncube called on the private sector and non-governmental organisations to support efforts aimed at providing a clean and safe environment for the SMEs sector.

“I acknowledge government efforts to support the SMEs. In the same breath, I would like to appeal to the private sector to partner government in the provision of clean and safe working space for SMEs.”

Meanwhile, the delegation had an opportunity to appreciate the operations of SMEs in the face of the COVID -19 pandemic.