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INDUSTRIAL POLICY AND STRATEGY REVIEW PUBLISHED
- 12 May 2024
- Trade, Industry & Competition
- SA Legal Academy
The Department of Trade, Industry & Competition has published a review of national government industrial policy interventions since 1994, focusing on the sixth administration.
Among other things, the document explores:
- ‘extraneous challenges in the operating environment’ impacting on ‘reimagined industrial strategy implementation’
- opportunities to ‘stress-test’ various approaches to the development of an industrial policy, building on successes, and
- the importance of adapting to ‘emerging trends’ if government’s ‘reimagined industrial strategy’ is to be advanced.
Fifteen ‘anchor interventions’ are envisaged, in which sector-specific masterplans ‘continue to serve as the coordinating structure’ for development. ‘High-value trade in services’ will be prioritised, ‘with a focus on labour-absorbing activities that harness South Africa’s unique expertise’.
- review document
Published by SA Legal Academy Policy Watch
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