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1 hr agoDeputy President Paul Mashatile has painted a bold vision for South Africa’s economic transformation, placing collaboration at the heart of reindustrialisation. Speaking at the Gauteng Investment Conference 2026, he stressed that sustainable industrial growth will only happen when government and private business work shoulder to shoulder to invigorate manufacturing, expand local supply chains and create quality jobs.
Mashatile described reindustrialisation not as a lofty slogan, but as a practical strategy rooted in building productive capacity — from technology‑driven factories and modern industrial parks to integrated Special Economic Zones. In his view, industry thrives where there is certainty, coordination and long‑term investment, and government must play its part by de‑risking investment, streamlining regulations and enhancing policy coherence.
He also highlighted the critical role of infrastructure — reliable energy, efficient logistics, water security and digital platforms — as the foundation upon which competitive industries are built.
Looking beyond national borders, Mashatile pointed to the African Continental Free Trade Area (AfCFTA) as a pivotal platform for expanding markets and embedding South Africa deeper into intra‑continental value chains — turning raw materials into high‑value goods and generating shared prosperity.