Ebrahim Patel urges SA small businesses to take advantage of the Africa free trade agreement

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Minister of Trade and Industry Ebrahim Patel said if South Africa was to supply just 2% of manufactured goods, it would add 1.2 percentage points to the country’s annual GDP and R60 billion to the economic output a year. Photo: GCIS
Minister of Trade and Industry Ebrahim Patel said if South Africa was to supply just 2% of manufactured goods, it would add 1.2 percentage points to the country’s annual GDP and R60 billion to the economic output a year. Photo: GCIS

BUSINESS

The free trade agreement is expected to favour small and medium-size businesses, which are responsible for more than 80% of Africa’s employment and 50% of its GDP.

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