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Cabinet vows to tackle manufacturing and logistics woes amid dwindling economic growth
Cape Times
|June 13, 2025
THE gross domestic product (GDP) figures released by Statistics South Africa also indicated that the economy grew by 0.1% in the first quarter of 2025 following a downwardly revised increase of 0.4% in the fourth quarter of 2024.
During a post-Cabinet media briefing on Thursday, Minister in the Presidency Khumbudzo Ntshavheni, said the government was now working to fine-tune the country’s industrial policy.
“Cabinet remains concerned about the decline in the manufacturing industry, more so when the government has prioritised boosting local manufacturing and thus awaits the finalisation of the revised Industrial Policy,” Ntshavheni said.
“The government understands the impact of the challenges within freight and logistics that continues to impact the growth of the mining industry, and we are maintaining a razor-sharp focus on the work of Operation Vulindlela Phase 2 and the Government Business Partnership in urgently resolving the logistics challenges of the country.”
Esta historia es de la edición June 13, 2025 de Cape Times.
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