HILARY JOFFE: Farming and mining - they're not sexy, but they do sustain us

They are areas where SA has a comparative advantage

14 March 2021 - 00:27 By Hilary Joffe

It was a week in which the official statistics confirmed that SA's economy shrank by a horrifying 7% last year, with agriculture and net exports among the only bright spots. It was also a week in which Proudly SA held a big "Buy SA" summit at which trade, industry & competition minister Ebrahim Patel spoke of growing manufacturing by buying local, in line with ambitions to cut imports by 20%, as outlined in President Cyril Ramaphosa's economic recovery plan. "Industrial revival is at the heart of our efforts to reignite economic growth," said Patel...

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