PRESS RELEASE
For immediate release
27 March 2015
DURBAN BUSINESS FAIR LAUNCHED

THE City has invested more than R100 million towards the Durban Business Fair since its inception and plans to spend about R63 million in the next three years to continue inspiring growth and sustainability to small, medium and micro enterprises (SMMEs).

This was announced by the Deputy Mayor and Chairperson of the Economic Development and Planning Committee, Nomvuzo Shabalala today, 27/03/15, during the 2015 Durban Business Fair launch held at Inkosi Albert Luthuli International Convention Centre under the theme, ‘Connecting Durban Business Fair Globally’.

Various stakeholders from the business fraternity graced the occasion to learn more about what they can look forward to during the 17th edition of the Durban Business Fair in ensuring the provision of continuous support that will enable them to grow and be globally competitive.

The Durban Business Fair scheduled to take place on 16-18 October 2015 at the Durban Exhibition Centre will be preceded by five Regional Business Fairs that will take place in the West, South, East and North Regions. They are scheduled as follows: Hammarsdale Junction on 17-19 April; KwaMnyandu Mall on 22-24 May and Bridge City Mall on 19-21 June. Two additional regional fairs, which will happen in partnership between the City and the Province, will be held at Folweni and Clermont in April and June respectively.

Shabalala said the City decided to increase the number of the Regional Fairs because of the growing interest in the Fair from businesses within eThekwini and beyond. This limited other interested businesses access to be part of this ground-breaking event as it could only accommodate about 500 exhibitors.

“Today the City pride itself of the many success stories that the DBF had produced. This includes ICT business that is operating at a global level, women owned businesses that are operating at national level and businesses that are not only relying on Government tenders, but able to obtain work from the private sector and self-sustainable,” said Shabalala.

Sibusiso Shabalala of Adapt IT who once benefitted in the City’s business development programmes such as exhibiting in the Durban Business Fair said: “The best recipe of the successful business is to focus on one business and to do many things at once, develop a deeper understanding and become an expert on what he/she does.

He said it is very critical to never forget the real reason that made one venture into business because government wants to invest in experts that can innovatively create jobs and tacle poverty using their skills.

“When I founded Adapt IT my vision was to create eThekwini as an IT hub and make a difference by creating employment. I used all the available government platforms available to source knowledge and upgrade my skill and became an expert hence why today KwaZulu-Natal produces the highest number of technicians,” he said.

Shabalala added that his company is now valued at 1.2 billion, they have offices in Cape town, Johannesburg and Durban being their headquarters and now exporting their services and have people based in Australia, New Zealand and Ireland. He employs about 550 permanent people.

Registration to participate in Regional Business Fairs is now open. For the Inner/Outer West Region contact 031 837 0616, South Region 031 829 6460 and North Region 031 564 2273.

ENDS

Issued by the eThekwini Municipality’s Head of Communications, Tozi Mthethwa.

For more information contact Thabo Mofokeng on 031 311 4820 or 082 731 7456 or email: thabo1.mofokeng@durban.gov.za or Gugu Mbonambi on 031 311 4855 or email: gugu.mbonambi@durban.gov.za