Organisers of the 8th edition of World Halaal Day in conjunction with the KwaZulu-Natal government want to create a springboard for local businesses to explore the lucrative international Halaal market.
KwaZulu-Natal Trade and Investment Indaba and World Halaal Day conference have discussed how to position Durban as the country’s economic hub of Halaal products.
The United World Halaal Development, an organisation that focuses on the development of the Halaal industry globally, estimates that the global Halaal economy is worth some seven trillion dollars.
Chairperson Mohamed Jinna says, “We have other opportunities also from central Asia and European countries, where post event, there will be a lot of opportunity for the South African product. Today, the industry has grown into 100 million to 200 million dollars worth of Halal products. This will be scaled up to another 10-20% in the near future because the quality of the product is of international standard and the packaging, branding, material and everything is up to standard. So, we just creating a platform and connecting the dots where SA products can be exposed to untapped markets.”
