TIISETSO MOTSOENENG: Will it be whisper or roar? SA’s choice in trade strategy
Innovation is not a buzzword — it is our ticket to the VIP section of the global economy
13 August 2024 - 05:00
SA must recalibrate its trade compass. Our industrial policy, once anchored in tradition, now faces a crossroads. The path ahead? An industrial strategy to unlock our export potential and open our borders for valuable, climate-conscious technologies that can drive innovation.
Our export legacy — minerals, metals and gold — anchors us. But reliance can breed complacency. The World Bank’s nudge towards diversification is a piece of sage advice. By forging new trade agreements with both advanced and emerging economies, SA can tap into fresh markets and reduce vulnerability to commodity price fluctuations...
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