Business Day

Davies’ value overlooked

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Trade and industry minister Rob Davies has steered the department to be recognised as the best performing in government. The divisive anticommun­ist agenda targeting him and his cabinet colleagues for removal from the economic cluster noticeably ignores the contributi­on he has made.

He has maintained a world-class automotive sector that contribute­s 33% towards manufactur­ing and about 6% to GDP through the production of about 600,000 vehicles a year. The sector supports 113,000 jobs, has doubled exports and attracted R45bn in investment by the leading global vehicle manufactur­ers.

Key labour-intensive sectors are supported for growth. The clothing and textile competitiv­eness programme contribute­s 8% to manufactur­ing GDP and 2.9% to overall GDP. This support measure contribute­d to the employment of 95,000 workers and investment of about R7bn.

A R1bn agro-processing support scheme aimed at ramping up investment, value addition across the sector and creating a globally competitiv­e sector was launched in 2017.

Since its launch in 2006, the Monyetla work readiness programme has offered training grants and helped more than 16,000 young people. Over the past 10 years government incentives have resulted in projected investment of R326bn and created an estimated 670,994 new jobs.

The special economic zones, the critical infrastruc­ture programme and industrial parks are expected to contribute significan­tly to investment over the next two to three years.

There are many more achievemen­ts that can be cited to dispel the unfounded criticism levelled against Davies. This suggests there could be other ulterior motives for the letter, “Reds bad for SA business” (October 16), to judge otherwise.

Sidwell Medupe

Spokespers­on for the department of trade & industry

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