In South Africa's bustling economy is a sector filled with the economy of potential towns. This rapidly expanding industry is essential for the prosperity of many South African cities and does not only benefit the local economy. But it also promotes trade across South Africa.
Its importance is highlighted by the latest 150 million contracts from e-commerce giant Takiarot with the Garten state government, and aims to integrate the township economy into a growing digital market. The initiative also reflects a growing awareness of the township economy's potential as an important driver of economic growth and innovation.
As the dynamic businesses and emerging economies in the region seek to leverage innovation and collaboration, Saitex 2024 is at the forefront of this transformational journey. From 11th to 13th June 2024, SA's major international trade exhibition will be held at the Sandton Convention Centre, held by the DMG Event, and is poised to showcase the latest innovations, trends and expertise that will drive the township's economy.
“Saitex provides the ideal platform for entrepreneurs to draw and do business, thereby promoting regional integration and economic growth,” says Kubheka, event director for the DMG Events' transportation and trade portfolio.
“The amazing growth story of the township economy is the setting for many trade opportunities. With a total market value of around R900 million, the sector represents a significant market force that cannot be overlooked. Saitex recognized this possibility and curated a series of workshop sessions featuring trade experts, financial institutions and successful entrepreneurs.
Under the banner of “Ekasi Talks”, Saitex will begin its workshop program with insights from respected speakers. Government officials who outline the impact of policies such as the Township Economic Development Bill can shed light on the impact of policies on industry leaders, the unlocking of opportunities within the region, and participants can expect extensive knowledge and practical strategies to navigate this vibrant market.
Furthermore, SAITEX's commitment to promoting cross-border collaboration shines through its diverse lineup of SMME sessions. From the country's spotlight in emerging markets such as the United Arab Emirates and Dubai to debates about empowering women in trade, the event provides a platform for businesses to explore new perspectives and build meaningful partnerships.
Emphasizing international scope is the participation of the Zambian Development Agency (ZDA), showing Zambia's best products and promoting cross-border trade ties.
“Saitex acts as a bridge, bringing forward-thinking exhibitors together with buyers and suppliers, exploring new opportunities and procure new niche products while cultivating rewarding partnerships,” Kubheka says.
Dynamic e-commerce workshops delve into the potential for transformation of digital platforms in driving trade expansion. Third-party e-shops, blockchain technology and social commerce sessions allow participants to gain insights to leverage the power of technology to leverage global markets.
Bernadette Zeiler, CEO and Head of International Trade of the Johannesburg Chamber of Commerce, praises Saitex's role in promoting networking and partnership opportunities. As a member of the Advisory Committee, Zeiler expands his business horizons and highlights the instrumental role of events in accessing new markets.
Other advisory committee members include Sindiswa Mzamo, Global Business Women of Global Business Women, Alistair Tempest, CEO of e-commerce Forum Africa, president and CEO of SMME Chamber of Commerce, and other industry experts.
As Saitex 2024 prepares for kick-off, participants are encouraged to seize the opportunity to explore trade possibilities and build connections that transcend valuable insights. Saitex promises to be a catalyst for South Africa's growth and prosperity with a robust lineup of sessions covering women in transformation, trade, technology and finance.
For more information and to register for Saitex 2024, please visit the official website www.saitex.com.
