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."

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.