How to save the sinking manufacturing ship

  Give companies an efficient, effective environment and SA will get growth without any further interventions. By Busi Mavuso 19 Apr 2021  11:09 Since 1994, manufacturing has shrunk as a proportion of GDP from 21.5% to 13.3%. In part, this deindustrialisation stems from a rationalisation of the Apartheid economy, which was inefficiently producing goods behind sanctions barriers. The economy adjusted in favour of services upon our readmission into the international trading system, which improved our overall competitiveness and drove the economic growth we saw in the decade and a half up to the 2008…

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