The Manufacturing Indaba 2018, held on the 19th and 20th of July at the Sandton Convention Center, covered general matters around the de-industrialisation which has occurred in South Africa, what opportunities lie in re-industrialising the country and promoting localisation.
Policy for localisation has been a prominent feature of the PFMA (Public Finance Management Act – National Treasury) and the B-BBEE codes through the “empowering supplier” status which requires that at least 25% of cost of sales, excluding labour cost and depreciation, must be procured from local manufacturers or local suppliers in SA.
The question from commerce is usually “where are the market opportunities?”.
It’s official, the Department of Trade and Industry (DTI) has extended the Black Industrialist Scheme (BIS) after hitting their first 100 industrialists a year earlier than targeted.
I attended the “Davos Deconstructed” seminar at Wits Business School on 1st February 2016.
I must admit, I have been following the 4th Industrial Revolution discussion since the World Economic Forum and I have been fascinated.
We’re in for a total change in the way business, society and technology works and interacts and I am not sure how many people are actually aware of what’s happening, or even that something is happening.
>>Click Here<< to view a video that sums up the 4th Industrial Revolution
What does IR4.0 mean for the world?
I attended a great session recently on the topic of the Cost of Complexity in Manufacturing, hosted by GIBS and presented by Andre de Ruyter, CEO of Nampak on September 16, 2015.
We have all, I'm sure, been reading of how the economy is not ideal for South African manufacturers and that with wage and labour issues, struggling consumer demand, power cuts and insufficient policy to support a healthy manufacturing environment, the picture looks bleak - this is the same old rhetoric we hear over and over.