DURBAN - A province-wide launch of a groundbreaking bulk buying facility has made prospects of generational wealth creation and grassroots investment an achievable reality for thousands of KwaZulu-Natal entrepreneurs.
That was the assessment by the MEC for Economic Development, Tourism and Environmental Affairs, Sihle Zikalala following the official launch of KZN's Bulk Buying and Warehousing Programme in Mandeni today.
The launch marks a huge milestone by the KZN Provincial Government and the people of KwaZulu-Natal and comes hot on the heels of a number of roadshows in various districts to familiarise communities and KZN traders with this historic initiative which looks set to later the landscape of the province's economy at local levels.
Zikalala said, "Bulk buying is the ultimate solution to township traders who, for years now, have been denied access to goods at affordable prices. Traders will now order, using the latest paperless technology, from a state-of-the-art warehouse in Mandeni and have their goods delivered at no cost to their shops".
It was a reprieve that was received with loud cheers and ululation by the hundreds of traders and community members who had converged at Sibusisiwe Hall in Mandeni to learn about the initiative.