The government’s latest version of the industrial policy action plan is doomed to fail, the Democratic Alliance has said.
The South African government’s latest three-year strategy has aimed to boost manufacturing capacity and create jobs but business is sceptical.
South Africans will have to wait for a while until they see how the department of trade and industry implements the industrial policy.
The costs of South Africa’s industrial policy are clear, though its benefits are not, writes an IFP MP.
The state’s plan to green the economy is going to test the government’s ability to coordinate departments and agencies.
Government rhetoric about state involvement in promoting green industries is finally translating into action.
The latest version of the Industrial Policy Action Plan will create 129 000 jobs, the Trade and Industry Minister said on Wednesday.
It has been a mixed bag of promises kept and broken since Jacob Zuma’s last State of the Nation address.
SA’s new industrial policy action plan is expected to create almost 2,5m jobs over the next decade by boosting, and protecting, local factories.
