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portfolio and has consistent­ly been able to secure investment­s. In 20172018 he brought in R84.4-billion in investment­s towards job creation, which is more than double his department’s R40-billion target.

He also unveiled the automotive masterplan programme that aims to increase local content in cars assembled in South Africa to 60% as well as the participat­ion of blackowned companies in manufactur­ing the components.

Davies, who has been heading his department for close to a decade, received a clean audit this year. Of the 10 entities audited by the auditor general, seven had unqualifie­d audit opinions. The department paid its creditors within 30 days.

Entities within the department

 ??  ?? Skilled negotiator: Minister of Trade and Industry Rob Davies (right) has had a tough year, facing trade war threats, recession and corruption, all while trying to attract investors. Photo: David Harrison
Skilled negotiator: Minister of Trade and Industry Rob Davies (right) has had a tough year, facing trade war threats, recession and corruption, all while trying to attract investors. Photo: David Harrison
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