On Thursday 20 May 2021 the OR Tambo DM Investment Fair was held at Dan’s Country Lodge and Events Centre in Mthatha. The Department of Cooperative Governance (DCOG) entered into a partnership with the South African Local Government Association (SALGA), the Commonwealth Local Government Forum (CLGF) and the OR Tambo District Municipality to identify opportunities that can change the economic outlook of this district post COVID-19.
The Investment Fair was a blended event, with a mix of in-person (80 people) and virtual participation. It targeted the following stakeholders - the OR Tambo District Municipality and their locals, DCOG, DBSA, relevant National and Provincial Sector Departments, Local Economic Development Agencies and Academia.
The purpose of the Investment Fair was to enhance cooperation and collaboration between municipalities, sector departments, government agencies, and the private sector in undertaking regional economic development initiatives; to assist OR Tambo DM with the implementation of the bankable business plan; to create a peer-to-peer knowledge sharing platform for LED practitioners; to allow municipalities to share their challenges and experiences in the domain of local and regional economic development and to market the identified catalytic project to the identified potential investors.
In her welcoming address the Executive Mayor: OR Tambo DM, Hon Cllr. T. Sokhanyile encouraged stakeholders to work together with the OR Tambo DM, “We are calling upon everyone that is here to assist this municipality, come and work with us, this is your area”.
MILE facilitated a session that encouraged businesses, investors, public sector, and international donors to commit to providing support that would assist the Bankable Business plans program. Some of the stakeholders who committed were, the Department of Small Business Development, Oxfam South Africa, OR Tambo DDM Hub, Tulsaspark (PTY) LTD, Walter Sisulu University and the SMMES, Mhlontlo LTO.
At the end of the Investment Fair, officials conducted a site visit to OR Tambo Recycling site in Qumbu, Mhlontlo area. They were given a brief overview and demonstration on the recycling processes.
The Mayor of OR Tambo District Municipality together with The Municipal Institute of Learning (MILE), DCOG, SALGA and the OR Tambo DM launched the brochure on the Local Government Practitioners Guide Number 2: The Art of Facilitating Local Economic Development Strategy Review Workshops. The brochure is a step by step guide to empower LED Specialists to facilitate LED workshops.
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