Boosting Industry Growth Minister Champions Investment in Local Manufacturing

The Minister of Trade, Industry and Competition has reaffirmed government's commitment to strengthening local manufacturing, highlighting new and ongoing investments aimed at expanding production capacity and supporting small businesses. Speaking during an industry engagement, the Minister emphasised that revitalising manufacturing remains central to South Africa's economic recovery and industrial development strategy.Officials outlined efforts to promote localisation, improve market access for small and medium enterprises, and attract both domestic and foreign investment into priority sectors. By enhancing supply chains and encouraging value addition within the country, government aims to create jobs, boost exports and reduce reliance on imports.From a business perspective, stronger local manufacturing supports enterprise growth, skills development and innovation across multiple industries. Government said continued collaboration with the private sector will be key to unlocking sustainable industrial expansion and positioning South Africa as a competitive manufacturing hub on the continent.