SA has suffered from a prolonged period of deindustrialisation since the end of apartheid, with the manufacturing industry’s share of GDP falling from about a fifth in 1994 to 13%.  

We have had an industrial policy that has supported the growth of a world-class, albeit foreign-owned, automotive sector. However, it has not done a lot for domestically owned employment-intensive sectors...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now