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Keeping the wheels spinning
Lloyd Gedye talks to the chief director of industrial policy, Nimrod Zalk, about the DTI’s new programme for the automotive industry.
Nimrod Zalk
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SA industrial drive hit by high steel prices
South Africa’s manufacturing sector remains ”resilient” amid global pressures, but the price of carbon steel is holding back the country’s industrial drive, a senior government official said on Tuesday. The Cabinet approved a multi-pronged industrial action plan last year to help drive Africa’s strongest economy in its quest to achieve a 6% growth rate by 2010.
