Manufacturing has potential to do better, says Mashatile
South Africa’s manufacturing sector has the potential to be a major driver of economic growth, but structural challenges – from unreliable infrastructure to inefficient ports and logistics – continue to undermine its competitiveness, Deputy President Paul Mashatile said at the opening of the 13th Manufacturing Indaba.
However, Mashatile and the deputy minister of trade, industry and competition, John Steenhuisen, reiterated that Africa cannot be left behind, noting that the continent exports raw materials to other continents, only for those continents to import the finished products at a higher value.“The programme continues to attract sustainable investments in South Africa’s energy sector while supporting economic activity and employment during both construction and operational phases.
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