Press Nest Africa

Menu
  • Home
  • News
  • Business
  • Political Press
  • Government
  • NGOs
  • BRICS Forum
  • Voices / Opinions
Home Government

Spaza Shop Support Fund information session to be held in Limpopo

SAnews.gov.za. by SAnews.gov.za.
June 5, 2025
Spaza Shop Support Fund information session to be held in Limpopo
Share on FacebookShare on Twitter

Limpopo spaza shop owners will get an opportunity to learn more about how they can access financial and non-financial support from the Spaza Shop Support Fund at an interactive session at the George Phadagi Town Hall, in Thohoyandou, on Friday.

The session is part of a countrywide campaign aimed at creating awareness about the Spaza Shop Support Fund. 

The campaign, which began in KwaZulu-Natal last month, is hosted by the Department of Trade, Industry, and Competition (the dtic) and the Department of Small Business Development (DSDB). 

The R500 million fund was launched by the Minister of Trade, Industry and Competition, Parks Tau, and the Minister of Small Business Development, Stella Ndabeni-Abrahams, in Soweto, on 8 April 2025. 

The national education and awareness campaign is being held in partnership with the Small Enterprise Development and Finance Agency (SEDFA) and the National Empowerment Fund (NEF), the agencies of the DSBD and the dtic, respectively, which will be responsible for administering the fund. 

The interactive session with spaza owners in the Vhembe District Municipality will be an opportunity to learn more about how to apply for the fund and which requirements will they be expected to comply with.

According to Minister Tau, government is taking a concrete step to formalise and empower the informal sector with the fund. 

Tau said supporting spaza shops would enable entrepreneurs, often women and young people, to participate fully in the economic process.

“These small businesses generate employment, drive local commerce, and channel much-needed income into communities that have long been underserved. Studies show that small businesses account for a significant portion of job creation in South Africa. 

“By providing spaza shop owners with financial support, infrastructure upgrades, and essential business training, we are setting the stage for sustainable job creation,” Tau said.

Minister Ndabeni said the role played by Sedfa and NEF was truly appreciated and that the department believed this fund would go a long way in assisting shop owners that are registered and have operating permits.

“Our partnership ensures that spaza shop owners are not only funded but are also trained, mentored, and integrated into reliable supply chains. This is about building long-term sustainability for township retail,” Ndabeni said.

The aim of the fund is to support South African-owned township community convenience shops, including spaza shops, to increase their participation in the townships and rural areas’ retail trade sector and to provide critical financial and non-financial support to township businesses, including community convenience stores and spaza shops.

The fund also provides various types of support including the initial purchase of stock via delivery channel partners, upgrading of building infrastructure, systems, refrigeration, shelving and security, as well as training programmes which includes Point of Sale devices, business skills, digital literacy, credit health, food safety, business compliance. 

The fund also seeks to bolster the broader supply chain by fostering partnerships with local manufacturers, black industrialists and wholesalers. 

Through bulk purchasing arrangements and the promotion of locally produced goods, spaza shops will benefit from reduced costs and increased access to quality products. – SAnews.gov.za

 

 

Article link

RelatedPosts

Labour inspections yield positive results

SAPS trainees complete SASSETA training programme

President Ramaphosa hails Ireland’s stand on Gaza

Government resolves stipend payments for education assistants

Related Posts

Labour inspections yield positive results
Government

Labour inspections yield positive results

October 15, 2025
SAPS trainees complete SASSETA training programme
Government

SAPS trainees complete SASSETA training programme

October 15, 2025
President Ramaphosa hails Ireland’s stand on Gaza
Government

President Ramaphosa hails Ireland’s stand on Gaza

October 8, 2025
Government resolves stipend payments for education assistants
Government

Government resolves stipend payments for education assistants

October 8, 2025
Mashatile heads to South Sudan to advance peace process
Government

Mashatile heads to South Sudan to advance peace process

October 7, 2025
President Ramaphosa to undertake working visits to Ireland and Belgium
Government

President Ramaphosa to undertake working visits to Ireland and Belgium

October 7, 2025
Government calls for investment in circular economy
Government

Government calls for investment in circular economy

October 6, 2025
Ethical leadership key to local government in SA
Government

Ethical leadership key to local government in SA

October 4, 2025
Next Post
Bank Muamalat launches ATLAS, Malaysia’s first faith & lifestyle-aligned Islamic digital-only bank

Bank Muamalat launches ATLAS, Malaysia’s first faith & lifestyle-aligned Islamic digital-only bank

Gold market: May 2025 overview and June 2025 outlook. A monthly digest by the global broker Octa

Gold market: May 2025 overview and June 2025 outlook. A monthly digest by the global broker Octa

VinFast Philippines secures official CAMPI membership

VinFast Philippines secures official CAMPI membership

Le Createur Design Wins Prestigious International Awards for Excellence in Interior Design

Le Createur Design Wins Prestigious International Awards for Excellence in Interior Design

OPPO Licenses Cellular Standard-Essential Patents to Volkswagen Group for Connected Vehicles

OPPO Licenses Cellular Standard-Essential Patents to Volkswagen Group for Connected Vehicles

Recommended.

GROW with Singlife and aberdeen Launch New Exclusive Share Class of Global Income Bond Fund to Deliver Sustainable Payouts Amid Market Volatility

GROW with Singlife and aberdeen Launch New Exclusive Share Class of Global Income Bond Fund to Deliver Sustainable Payouts Amid Market Volatility

March 14, 2025
GSM launches Xanh SM platform, officially distributes VinFast VF 3 and VF 5 electric vehicles in Laos

GSM launches Xanh SM platform, officially distributes VinFast VF 3 and VF 5 electric vehicles in Laos

May 17, 2025

Trending.

No Content Available

Publish News, Boost Your PR, SEO, and Business Exposure with SagloMedia's Dedicated Brand Sections

Discover More

News Publications

  • EBNewsDaily
  • South African Business News
  • BetsBulletin SA
  • PressNest
  • EconoNews
  • AfricaBiz Watch

Listing Directories

  • MySouthy
  • BizFinder Directory
  • ListBig
  • SA Companies
  • OutingPlace
  • Rental Kings

Quick Links

  • Home
  • Advertise
  • Publications
  • Company News
  • Privacy Policy
  • Copyright & Takedowns

SagloMedia

  • About us
  • Careers
  • Student Program
  • RSS Feeds
  • Press Code
  • Contact Us

Get In Touch

  • info@saglomedia.co.za
  • Tel: +27 10 880 3950
  • WhatsApp: +27 10 880 3950
  • Johannesburg, South Africa
  • SagloMedia
  • www.saglomedia.co.za
Copyright © 2025 | SagloMedia

Saglohost Web Hosting | Web Hosting South Africa | Web Design Johannesburg | Web Design South Africa | Saglotech | Web Design Company | SEO Company South Africa | SEO Company Johannesburg