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Industrial policy plan reaps benefits
The Industrial Policy Action Plan has stabilised South Africa's clothing sector, turned the automotive sector around, added jobs in business process services, and introduced procurement designation to boost local production, says Trade and Industry Minister Rob Davies.
R5.7bn incentives for SA manufacturing
The Department of Trade and Industry will offer incentives worth R5.75-billion over the next six years to help South Africa's manufacturing sector become more competitive in an increasingly difficult global environment.
R100bn boost for SA manufacturing
The latest version of the state's Industrial Policy Action Plan will see the Industrial Development Corporation investing R102-billion in targeted South African manufacturing sectors over the next five years, says Trade and Industry Minister Rob Davies.
‘Address skills, labour reform, corruption’
Opposition MPs, in a National Assembly debate on President Jacob Zuma's State of the Nation address, welcomed the focus on infrastructure development while urging Zuma to focus more on developing skills, implementing labour reforms and tackling corruption in the country.