Deputy Minister of Trade and Industry launches industrialist firm

Deputy Minister of Trade and Industry’s (DTI), Bulelani Magwanishe launched a multi-million-rand black industrialist firm in Sebenza on September 1.

Maneli Pets food was approved for grant funding of R12.5-million from the Department of Trade and Industry’s Black Industrialist Scheme (BIS).

The company is a specialist manufacturer of premium quality foods and treats for the global pet market.

The BIS is a grant programme of the Black Industrialists Policy that aims to unlock the potential within black industrialists operating in the South African economy through deliberate, targeted and well-defined financial and non-financial interventions.