Interviews
Industrial Policy Action Plan launched for Africa
06 Apr '12
4 min read
Trade policy is now more strategically aligned with industrial policy objectives. Recent standards development work has also enabled the growth of a range of new sectors, particularly related to green industries and industrial energy efficiency. Tariff setting is significantly more sophisticated, informed by sectoral analysis and priorities. Campaigns to tackle customs fraud and illegal imports are being scaled up together with interventions aimed at products which do not meet mandatory standards and specifications in close collaboration with the Customs Division of SARS.
The new Manufacturing Competitiveness Enhancement Programme (MCEP) is set out in the IPAP for the first time. The Minister of Finance has indicated that a sum of R5.8 billion will be made available over the 3 year MTEF period for this programme. The MCEP seeks to generate much greater confidence amongst manufacturers to invest now to see out the current period of significant economic uncertainty and emerge much more competitively out of it.
Click here to read more details:
The new Manufacturing Competitiveness Enhancement Programme (MCEP) is set out in the IPAP for the first time. The Minister of Finance has indicated that a sum of R5.8 billion will be made available over the 3 year MTEF period for this programme. The MCEP seeks to generate much greater confidence amongst manufacturers to invest now to see out the current period of significant economic uncertainty and emerge much more competitively out of it.
Click here to read more details:
Minister of Trade and Industry
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