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'Output key to job creation'

PUSHING FORWARD: Trade and Industry Minister Rob Davies
PUSHING FORWARD: Trade and Industry Minister Rob Davies

PRODUCTIVITY in the South African economy must rise, the SA Chamber of Commerce and Industry says

Sacci supported Trade and Industry Minister Rob Davies's stance that, in order for job creation opportunities to arise, it was crucial that productivity be raised across the economy, especially in the manufacturing sector, chief executive Neren Rau said.

"South Africa's historical competitive edge [cheap electricity] is no longer available and a structural change is needed to reposition the productive economy towards higher levels of value addition," he said.

Programmes outlined by Davies to achieve higher productivity include upping levels of beneficiation, more focused incentive schemes - especially for SMEs - and prioritising strategic sectors.

Sacci met Davies yesterday for a dialogue.

Topics touched on ranged from the proposed Tripartite Free Trade Agreement, South Africa's relationship with China, the green economy, BEE to trade promotion.

Trade policy issues, such as the need for more effective economic diplomacy and government initiatives to address the lack of regional infrastructure, were also discussed.

Rau said: "Currently the low levels of cohesion between government and business do not facilitate a 'Team South Africa' approach." The breakfast dialogue was a continuation of fostering a strong relationship between government and business, he said.

Sacci's annual convention, to be held at the beginning of October, is also important in promoting that pivotal working relationship.

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