South Africa has developed an established, diversified manufacturing base that has shown its resilience to compete in the global economy, but more needs to be done to support Manufacturing. Manufacturing presents an opportunity to significantly accelerate the country’s growth and development. The manufacturing sector contributes about 15 % of gross domestic product and is vital for creating employment.
Drivers such as innovation, costs of labour and materials, supplier networks, economy and trade, infrastructure and government investments all play a role in increasing global competitiveness.
According to Deloitte’s recent Manufacturing Competitiveness Report there are major challenges that undermine South Africa’s competitiveness. South Africa is in the bottom 20% with regard to the quality of its education system, the business cost of crime and violence, HIV prevalence and labour market efficiency. Greater collaboration between government and the private sector is required, but so too is collaboration within the private sector.
The conference programme will include plenary sessions as well as breakaway debate sessions to unpack and encourage active participation at the event.