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26 Sep 2021

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Industrialise, says Finance Minister Godongwana

Thuletho Zwane

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Finance Minister Enoch Godongwana. Photo: Gallo Images/File

Finance Minister Enoch Godongwana. Photo: Gallo Images/File

Economists agree that SA needs to re-evaluate its policy on reviving ailing manufacturing industry as other sectors yield low employment numbers no matter their high GDP outputs

Finance Minister Enoch Godongwana says that the state of the South African economy is unsustainable and that the country’s development is intimately linked to industrial production.

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Stats SA's recent consumer price index data this week indicated the rise in food prices was the largest in 14 years. Economists say continued load shedding also adds to the rise in the cost of food production. How are you feeding your family during this tough time?

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