PETROLEUM INDUSTRY OPENED FOR OPPORTUNITIES
Written by: Elizabeth Kunene & PreelenPilay
The Durban Chamber of Commerce held an insightful seminar on Tuesday for young business opportunist in the petroleum industry.
The business seminar was held on 11th July for all business opportunists. Young Africans and women were the main targets for this seminar. Guest speakers focused on the point of radical transformation and opportunity to the minority in the petroleum business.
Vice President of the Durban Chamber of Commerce, Gladwin Malishe, spoke about the growth in business opportunities and seeking information on how to get into the business.
“As we talk about radical change, we’re trying to target black young people to join the business world and the petroleum industry especially women. We want to see more women being empowered and pursuing business,” said Malishe.
The emphasis was also on competence black young people and the opportunities that are opened without them knowing how to approach them. Phakamile Madonsela who is the National Empowerment Fund’s KwaZulu-Natal regional manager, spoke about funding and how people can get funded to get into the industry and who is legible for the funding. He also jokingly said, “This was supposed to be for women especially but I see a lot of men here.”
Hasesha Naidoo is a business enthusiast who tried to get into the petroleum business but was not successful. She said that the seminar was most helpful to her since she now has the information she needed and the right networking to get back into the petroleum industry.
The seminar was mostly to share information for people that are trying to get into the business but do not have the right information to go about it. Malik Jasson who was one of the speakers, is a business enterprise and specialist. He said that there are opportunities but people just have to piece the puzzle together.
“There is a lot of vagueness about this industry. There is not much clarity for people so most people don’t know how to get access. Most people see the opportunity but don’t have the access to finance and guidance to go about the business,” Jasson added.
This was the first of many seminars to be held by the Durban Chamber of Commerce.
*Caption: Mr Hlophe addressing people at the seminar.