IEDF Free State Driving Informal Economy Development

Lejweleputswa District, Free State – On 17 May 2024, in a continued effort to uplift the informal economy, the leadership of the Informal Economy Development Forum (IEDF) in the Free State has undertaken significant initiatives aimed at empowering local entrepreneurs.

Last week, the IEDF Free State hosted a comprehensive financial literacy workshop in collaboration with Nedbank. This initiative was complemented by an entrepreneurship training session facilitated by the Department of Labour. These events were designed to equip informal business owners with essential financial knowledge and entrepreneurial skills to enhance their business operations and sustainability.

“Our leaders at the IEDF believe in getting to the ground to reach the informal economy and empower its participants,” said Mr. Tshidiso Ben Kaudi, Provincial Chairperson Free State and National Organiser for the IEDF. “Through hands-on engagement and targeted training, we aim to provide the tools necessary for entrepreneurs to thrive in today’s competitive environment.”

The IEDF received notable support from various community leaders who attended the events, underscoring the collaborative effort to drive economic development. The Local Economic Development (LED) Officer, the District Councillor, and representatives from the AFASA Women’s Organisation were all present, showcasing their commitment to working alongside the IEDF to support and develop the informal economy.

The IEDF is committed to driving growth and development within the informal economy by providing continuous support and resources to local entrepreneurs. The recent workshops are part of a broader strategy to foster economic development and resilience among small business owners in the region.

For more information about the IEDF’s initiatives and upcoming events, please contact us on 087 094 8584 or info@iedf.org.za