Positive Growth expected for South Africa in 2010
2 JUNE 2010
There is a positive outlook for 2010 with expectations of positive growth in the economy, there is hope that the envisaged positive growth trends will at least return to four percent by 2011. This was said by Sipho Zikode Acting Deputy Director General of the Department of Trade and Industry, (the dti) at the four day competitiveness week summit held in Boksburg.
"In order to achieve these levels of growth, there is need for increase in productivity performance and competitiveness. In this regard the aim of Government is to strengthen competitiveness and promote Small Medium and Micro Enterprises as well as co-operatives for the creation of sustainable jobs." said Zikode
He also added that the dti continue to work on developing capacity and to increase the levels of competitiveness of South African firms with renewed focus of increasing capabilities of the previously underdeveloped regions.
Speaking on behalf of NEDLAC at the summit, the Executive Director Mr. Herbert Mkhize highlighted the imbalances of productivity landscape in South Africa in that is far from being ideal around the workplace. "Industrial action 'a co-determination in a workplace' becomes a threat to productivity, and for productivity to happen there must be harmony around the workplace" said Mkhize
He also stated that Government needs to play a major role for developing competitiveness in order to compete on a Global scale and with imported cheap goods in South Africa.
The Competitiveness Week seeks to strengthen the capacity of the Workplace Programme by infusing the practices of clustering so as to support the implementation of the Industrial Policy and Enterprise Development objectives. The summit will conclude on 4 June 2010.
For more information contact Mamosa Dikeledi on 083 584 6856 or Maupi Monyemangene on 082 447 3232
Issued jointly Communication and Marketing, the dti Productivity South Africa
|