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Government to launch new online portals to boost access to South African-made goods
Government to launch new online portals to boost access to South African-made goods

IOL News

time2 days ago

  • Business
  • IOL News

Government to launch new online portals to boost access to South African-made goods

The Department of Trade, Industry, and Competition (dtic), in collaboration with Proudly South African, is set to launch two new online platforms Image: Independent Media The Department of Trade, Industry, and Competition (dtic), in collaboration with Proudly South African, is set to launch two new online platforms designed to enhance access to locally produced goods and services. The initiative features a consumer store named Shop Proudly SA and a business-to-business portal called the Market Access Platform (MAP). The platforms are scheduled to officially launch on July 1 2025. According to the department, the project is intended to support small and medium enterprises, promote local sourcing, and streamline the connection between buyers and local suppliers. "These platforms will help boost support for Small, Medium and Micro Enterprises (SMMEs) and locally manufactured goods and services and create much-needed jobs and grow the resilience of our economy', Parks Tau, Minister of Trade, Industry and Competition said according to ITWeb. Eustace Mashimbye, Chief Executive of Proudly South African, said both platforms are intended to help address some of the key challenges facing small and medium businesses in South Africa, particularly access to markets. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad loading According to reports, the platforms will host over 1,700 locally made products, covering a wide range of sectors "We are harnessing technology as a catalyst for ramping up support for homegrown products and for companies whose manufacturing infrastructure and operations create jobs locally. Through these ground-breaking platforms, we seek to make it seamless for consumers and supply chain management practitioners to source from local companies while also enabling them to meet their procurement goals,' South Africa's online shopping made about $42.4 million (around R763 million) in 2023. This is expected to grow to $165.1 million (almost R3 billion) by 2030, according to Stat SA. IOL Business Get your news on the go, click here to join the IOL News WhatsApp channel

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