Moonshot approach will help SA escape middle-income trap
Manufacturing needs an innovation-led approach aimed at vigorously stimulating exports of sophisticated products
08 July 2019 - 05:05
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...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.