The development of Small Businesses is now recognized as a common strategy for Local Economic Development in South Africa. We as the municipality are playing a facilitation role between governments initiatives to support SMME’s and further play a role in providing the necessary infrastructure for business to thrive.
We are however facing challenges in sourcing funding for the necessary infrastructure. A co-ordinating structure is in the process of being formed by the Department of Corporate Governance and Traditional Affairs in partnership with us to streamline departments into committing themselves into funding the necessary infrastructure. A database of all the SMME’s is available.
Following the settlement of the Caguba land claim, a number of investment opportunities are available (see Investment Opportunities) in the area.