Tuesday, April 03, 2012

Trade and Industry Minister sets out a three year plan

Mluleki Mrwebi
03 April 2012

The Trade and Industry Minister Rob Davies says government plans to spend five-point-eight-billion-Rands over the next three years.

The money will be used to help manufacturers affected by the global economic depression.

The money will help to upgrade factories, improve products and train workers.

Davies says that the Manufacturing Competitiveness Enhancement Programme comes as South Africa has set out a massive infrastructure programme to create jobs at home and increase trade on the continent.

The Minister added that a lack of infrastructure is hampering trading among partners in Africa.

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