The article by Carol Paton, “Ramaphosa must make the right picks for last-chance cabinet” (January 29) refers. In the article Paton suggests that minister Rob Davies — and by implication the department of trade and industry — is distrustful of business. This is a surprising assertion, given that the department’s 2017/18 annual report provides audited information on how it provides direct, financial support to business. For example, 848 businesses were approved for investment support in the past financial year. These businesses, as a result of the financial support provided by the department,are estimated to have invested over R36bn in SA’s economy. In addition, 656 businesses received financial assistance to participate in export marketing activities, such as participation in international trade shows, which has in turn led to growth in SA’s manufactured exports. Moreover, the department was at the forefront of responding to the impact of the global financial crisis and introduced t...
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