Question NW2611 to the Minister of Trade, Industry and Competition
06 January 2022 - NW2611
Cuthbert, Mr MJ to ask the Minister of Trade, Industry and Competition
With reference to his reply to a supplementary question on question 258 during a plenary sitting of the National Assembly on 17 November 2021, (a) what is the basis upon which he stated that the Government and millions of South Africans reject the Centre for Development and Enterprises’ report entitled The siren song of localisation and (b) how is his reply reconciled with the position of the Government’s commitment to an evidence-based
Reply:
In the 2019 general election, the ruling party put forward a Manifesto committing to an Industrial Plan to Support Localisation as a key element of measures designed to drive investment, economic growth and create jobs. This Plan was endorsed by millions of voters and is the basis for government policy in this Administration. Research data outlined in previous replies to parliamentary questions (namely PQ 1880 and PQ 1881) set out in detail the evidence on which the specific targets were set as well as the extensive support from within the economy by business and workers for the policy stance, one increasingly being pursued in many different parts of the world.
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