Durban - Deputy Minister of Trade and Industry, Fikile Majola says government is saddened by all the recent events of violence and other challenges affecting the country at the moment.
He was addressing a meeting of Small, Medium and Micro Enterprise (SMMEs) in Mount Frere, in the Umzimvubu Local Municipality in the Eastern Cape, to discuss challenges they face in operating their businesses.
Majola urged local communities and business operators in South Africa, to recognise that the government is working hard to strengthen trade relations with many African countries. He says this should open up a lot more opportunities for those in business beyond the country, and therefore it is critical to ensure that fellow Africans do not fight among themselves.
He cited the African Continental Free Trade Area Agreement (AfCFTA) saying it expected to boost intra-African trade by 52 percent by year 2022. The agreement will create the world’s biggest free trade area with 54 countries and more than a billion people will enjoy mostly tariff-free trade between countries.
“I know we can despair when we observe what is currently happening in our nation. We may feel overcome by some of the difficulties we encounter and the many problems with our economy, but we should not despair. We will overcome our difficulties. We are children of Oliver Tambo, Walter Sisulu, the likes of Mama Oliver Tambo. We will overcome,” emphasised Majola.