Industrial policy gets its sheriff
The implementation of industrial policy and trade is expected to get a major boost now that the departments of economic development and trade & industry have been merged. The newly configured department of trade & industry (dti) needs to deliver on President Cyril Ramaphosa's plans for a bolder industrial policy.
Lionel October, director-general of the dti, who has spent 19 years at the department, said this week that since Ramaphosa took office "there's no longer disparate economic policies. There's coherence. We're clear about the investment drive."