Growth of South Africa's manufacturing sector must be accelerated, says consultancy
Manufacturing is one of the sectors that can best assist in growing South Africa's economy and, therefore, the sector's growth must be accelerated, management consulting company Mandela and Associates CEO Dilley Naidoo said during the Manufacturing Enterprise Solutions Association’s webinar on November 20.
He cited the country’s automotive sector as an example of where steps were being taken to further expand the sector. He mentioned that the Department of Trade, Industry and Competition, along with other stakeholders, was pursuing the development of an original equipment manufacturer fund, encompassing transformation, localisation and artisanal training.
This would be used to develop tier two and three component manufacturers, inclusive of investment for new ownership, value chain development and skills development.
Meanwhile, CSIR manufacturing ambassador Dr Martin Sanne spoke about the Fourth Industrial Revolution's role in the manufacturing sector.
He noted that it was here to stay and that digital enterprise and smart manufacturing were not going away; therefore, the question was rather how this should be implemented.
Comments
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation