FOLLOW UP – Private sector injected R340m in support of South Africa’s localisation drive – Where are we now?

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GUEST – Thami Moatshe, Executive Head of the Localisation Support Fund

A public-private initiative has been launched in an effort to support the growth and development of South Africa’s manufacturing sector, whose recovery from the Covid lockdowns is currently being undermined by intense daily loadshedding.

Known as the Localisation Support Fund (LSF), the non-profit company is being funded by the private sector, but has a board that includes government, labour and business representatives, including Trade, Industry and Competition Minister Ebrahim Patel, who is LSF chairperson.

17 Aug 2023 4PM English South Africa Business News · Investing

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