Bold Steps to Grow Industrial Output and Support Greater Economic Inclusion

A bold set of actions to grow industrial output and support greater economic inclusion was announced by the Minister of Trade, Industry and Competition, Minister Ebrahim Patel in Parliament, during his Department’s Budget Vote on Tuesday, 18 May 2021.

It included a timeframe for a draft law to provide for worker participation in company boards, steps to achieve higher levels of local industrialisation, a draft roadmap for producing electric vehicles and working on green hydrogen opportunities, boosting investment levels, and strengthening export platforms through the new Africa-wide trade agreement.