Government remains committed to the production of vehicles locally through the Industrial Policy Action Plan (IPAP) says Trade and Industry Deputy Minister Bulelani Mangwanishe.
The Department of Trade and Industry (the dti) has invited black industrialists to apply for participation in the trade mission to Mozambique.
The trade mission, which will take place from 5 - 9 March 2018, is part of the implementation of the Black Industrialists Programme (BIP).
The programme is aimed at promoting industrialisation, sustainable economic growth and transformation through the financial and non-financial support of black-owned entities in the manufacturing sector.
Trade and Industry Minister, Dr Rob Davies, is in Niger where he will participate in the 4th African Union (AU) Ministers of Trade Meeting, which gets underway today.
The Department of Trade and Industry (dti) will sign a memorandum of understanding with the Limpopo provincial government to promote the meaningful participation of black industrialists in the economy.
Consumers are urged to guard their expenditure and to live within their means following the decisions announced by rating agencies Moody’s Investor Service and Standard & Poor’s (S&P).
Trade and Industry Deputy Minister Bulelani Magwanishe is expected to launch a multimillion rand black industrialists firm expansion project in Limpopo next week.
Finance Minister Malusi Gigaba on Monday convened a Budget Council Lekgotla, where South Africa’s economic developments were discussed at length.
The Free State province is set to get its own InvestSA One Stop Shop soon.
Eskom’s Development Foundation has bagged a silver award at the American Chamber of Commerce in South Africa (Amcham) Stars of Africa awards.
South Africa must cultivate a conducive business climate that is able to support innovation so start-ups can thrive and ultimately create jobs.
