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Finweek English Edition - - FEEDBACK - Juan van Schalk­wyk

launch its prod­ucts, which h are bet­ter than what is cur- rently avail­able and be­ing g im­ported from China. We e have also ad­dressed the risks nor­mally as­so­ci­ated with start-up busi­nesses, to make it eas­ier for in­vestors or fi­nanciers to get in­volved.

The man­u­fac­tur­ing sec­tor pro­vides a lo­cus for stim­u­lat­ing the growth of other ser­vice-re­lated ac­tiv­i­ties iv­i­ties and thus cre­ates em­ploy­ment and eco­nomic em­pow­er­ment on a wide scale. A strong man­u­fac­tur­ing sec­tor is a cru­cial com­po­nent of a coun­try’s in­tel­lec­tual cap­i­tal, in­no­va­tion ca­pac­ity and eco­nomic pros­per­ity. Los­ing those skills could be dev­as­tat­ing to our econ­omy as we will be­come to­tally de­pen­dant on im­ports and f luc­tu­at­ing world prices. Man­u­fac­tur­ing, as a job cre­ator, presents an op­por­tu­nity to sig­nif­i­cantly ac­cel­er­ate the coun­try’s growth and de­vel­op­ment.

The South African Tech­ni­cal Spec­i­fi­ca­tion (SATS) 1286 has been in­tro­duced to sup­port SA’s strat­egy of in­creas­ing the level of lo­cal con­tent in the goods and ser­vices pro­cured by Govern­ment and State-owned en­ti­ties and to add im­pe­tus to the coun­try’s re-in­dus­tri­al­i­sa­tion ef­forts. The re­quire­ment is sup­ported by the up­dated Pref­er­en­tial

»Pro­cure­ment Pol­icy Frame­work Act (PPPFA) reg­u­la­tions, is­sued in De­cem­ber 2011.

An ex­er­cise with a lo­cal dis­trib­u­tor has con­firmed that we can man­u­fac­ture at the sa same, or lower, price th than China, but with m much bet­ter qual­ity, m mak­ing our prod­ucts very co com­pet­i­tive. Tr Trade and in­dus­try min­is­ter Rob Davies ar­gues that there is sig­nif­i­cant po­ten­tial to in­crease the do­mes­tic job cre­ation around Govern­ment pro­cure­ment gen­er­ally and also the multi­bil­lion-rand pub­lic in­fra­struc­ture pro­gramme.

We are there­fore ex­tremely dis­ap­pointed that Govern­ment’s ini­tia­tives for job cre­ation do not reach the im­ple­men­ta­tion stage, where banks and fund­ing or­gan­i­sa­tions give their sup­port to emerg­ing busi­nesses and mean­ing­ful em­ploy­ment. Not just em­ploy­ment, but skills trans­fer to serve fu­ture gen­er­a­tions.

A sur­vey un­der SMMEs and specif­i­cally the man­u­fac­tur­ing sec­tor may con­firm the lack of sup­port that we are get­ting from Govern­ment.

Thank you for an in­ter­est­ing ar­ti­cle.

Amanzi Me­ters (Pty) Ltd

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