IEDF supports OTRED (Organisation for Township and Rural Economic Development) prestigious launch event at Soweto Theatre.


Soweto, Gauteng – 23 May 2024:  The vibrant Soweto Theatre came alive on 23 May 2024, hosting the much-anticipated launch of OTRED (Organisation for Township and Rural Economic Development). The event marked a significant milestone for the organization, celebrated with grandeur and attended by a diverse array of esteemed guests and partners.

The launch attracted notable figures, including representatives from the government, corporate sector, various organizations, royal houses, clergy, informal trader associations, and the arts and culture sector. Among the special guests were members of SA Royalty, further elevating the prestige of the occasion.

Eight distinguished guest speakers graced the event, offering their insights and support. Among them was the Deputy President of the Informal Economy Development Forum (IEDF) South Africa, Ms. Dineo Setsetse, whose address captivated the audience with her vision for economic empowerment and development.

The day was a confluence of thought leadership and cultural celebration. Various funding organisations and the IEDF were invited to speak, providing invaluable insights into the future of economic growth and community support. The line-up of speakers included kings and pastors, whose messages of unity and progress resonated deeply with the attendees.

The launch of OTRED signifies a new era of opportunity and collaboration, aiming to foster economic development and empowerment within local communities. The presence of these guests and partners collaborating underscores the broad support for IEDF’s mission and vision.

For more information about upcoming events and how to participate, please contact us on 087 094 8584 or

About IEDF:

IEDF plays a leading role at being the catalyst for innovation and transformation. We place focus on creating opportunities for Informal Businesses with training & development in leadership roles and create market access for Informal & Corporate businesses alike. We drive transformation to advance business sustainability and resilience, with a focus on building entrepreneurs by assisting the micro and informal business to set up and provide training and education in their areas. We support and work closely with NGO’s & NPO’s to assist in building sustainable communities within our country.