AYABONGA CAWE: Localisation and imports work hand in hand
SA can industrialise only by managing its vertical specialisation, or the imported content of exports
08 April 2024 - 05:00
Not much good news comes out of SA ports these days. So when a new port rail terminal is opened it unsurprisingly comes with a lot of fanfare.
The relaunch of the Tetra Pak packaging facility in Pinetown was welcomed with such fanfare. At that launch, President Cyril Ramaphosa reflected on the criticism the sixth administration’s investment and localisation drive has received, particularly from the business commentariat. ..
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