Question NW595 to the Minister of Trade and Industry
25 May 2020 - NW595
Yako, Ms Y to ask the Minister of Trade and Industry
(a) What percentage of black women-owned businesses does the Industrial Development Corporation fund, (b) in what sectors are the women-owned businesses and (c) how does the specified percentage compare with the other demographics?
Reply:
THE NATIONAL ASSEMBLY
I have been provided with the following reply by the IDC:
- & (c)
(b)
Black women |
||||
Sector |
Value of approvals (R'm) |
Number of approvals |
||
|
>25% |
>50% |
>25% |
>50% |
Agro Processing & Agriculture |
324 |
66 |
14 |
6 |
Basic Metals and Mining |
5,643 |
1,847 |
15 |
6 |
Clothing & Textiles |
121 |
4 |
18 |
5 |
Basic & Speciality Chemicals |
725 |
508 |
13 |
8 |
Chemical Products & Pharmaceuticals |
204 |
66 |
17 |
10 |
Machinery & Equipment |
948 |
635 |
20 |
12 |
Automotive & Transport Equipment |
684 |
356 |
14 |
8 |
Heavy Manufacturing |
459 |
202 |
21 |
9 |
Light Manufacturing & Tourism |
1,030 |
699 |
19 |
13 |
Industrial Infrastructure |
808 |
127 |
11 |
5 |
Media and Audio Visual |
585 |
89 |
12 |
6 |
Other |
110 |
110 |
3 |
3 |
Total |
11,642 |
4,708 |
177 |
91 |
(c)
Refer to above.
____________________
Mr L October
Director-General: Department of Trade, Industry and Competition (the dtic)
_____/_____/2020
Supported / Not Supported
____________________
Mr E Patel
Minister of Trade, Industry and Competition
____/____/2020
Approved / Not Approved