WANDILE SIHLOBO: Boosting production of small value chains will ensure local is lekker
The government is drafting a localisation strategy as part of measures underpinning its economic reconstruction and recovery plan. The agriculture, food & beverages sector has accounted for about 8% of SA’s annual imports over the past five years, an average value of $6.5bn. This makes it a worthwhile sector to be explored in promoting localisation.
The top 10 products on the import list account for 46% of all agriculture, food and beverages imports. These are rice (7%), poultry (7%), wheat (6%), alcohol (5%), sugar cane (5%), palm oil (4%), beer from malt (4%), protein concentrates (3%), sunflower oil (3%) and unspecified animal foods (2%). ..
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.