The Deputy Minister of Trade and Industry, Mr Bulelani Magwanishe launched a multi-million rand Black Industrialist firm, Microfinish Automotive in Pinetown, KwaZulu-Natal today. Microfinish, an automotive valve guide and valve seat manufacturer, was co-funded by the dti Black Industrialists Scheme (BIS) and KwaZulu-Natal Growth Fund.
Speaking at the launch, Deputy Minister Magwanishe said Microfinish is evidence that the Black Industrialist (BI) Programme is succeeding and transforming the economic landscape of the country.
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