Trade and Industry Minister to Address Delegates Attending 5th Southern African Metals and Engineering Indaba

11th September 2019 By: Creamer Media Reporter

Trade and Industry Minister Ebrahim Patel will address hundreds of delegates attending the fifth Southern African Metals and Engineering Indaba taking place at the IDC Conference Centre on Thursday and Friday.

Along with National Association of Automobile Manufacturers of South Africa Director Mike Mabasa, National Association of Automotive Component and Allied Manufactures Executive Director Renai Moothilal and Steel and Engineering Industries Federation of Southern Africa (SEIFSA) Chief Economist Dr Michael Ade, Minister Patel will provide a critical assessment of the likely impact of the new Automotive Production and Development programme on the metals and engineering sector.

In November last year, the Cabinet adopted the revamped South African Automotive Masterplan (SAAM), which replaced the Automotive Production Development Programme. The plan aims to double employment in the sector from the current 112 000 to 224 000 jobs by 2035, and position South Africa to produce 1% of global vehicles, or 1.4-million vehicles.

“There is no doubt that SAAM will have a positive impact on South Africa’s economy and jobs. The metals and engineering sector should benefit from the plan, given the fact that it is a supplier to car manufacturers. It is for this reason that we decided that it would be appropriate to invite the Minister to address delegates to the Indaba so they can better understand how our sector will benefit from the plan,”SEIFSA CEO Kaizer Nyatsumba said this morning.

Now in its fifth year, the Indaba is organized and hosted by SEIFSA. Its core objective is to provide a platform for policy makers, labour representatives and businesses operating in the metals, engineering and related sectors to discuss the challenges facing the sector and collectively to devise sustainable solutions aimed at ensuring its sustainability.

The Indaba will also deliberate on the following topics, among others:

The line-up of speakers includes:

Mr Nyatsumba encouraged those who have yet to register for the 2019 Southern African Metals and Engineering Indaba to do so speedily to avoid missing out.