Industrial innovation to boost manufacturing

May 3rd, 2018, Published in Articles: Vector

South Africa’s manufacturing industry experienced a downturn after the 2008 financial crisis, and ambitious growth targets were implemented to revive the economy. One of these is the Manufacturing Circle’s “Map to a million jobs in a decade” plan to create between 800 000 and 1,1-million jobs and on increasing the input of manufacturing in the economy by 30%.

The country faces two challenges in terms of rebuilding its manufacturing industry: acquiring machine learning capabilities and upskilling a high-performance workforce. Favouring skill enhancement over mass job creation is essential for manufacturing progress and requires significant investment in science, technology, engineering and mathematics (STEM).

The Manufacturing Indaba 2018 will be hosted jointly by the Department of Trade and Industry and the Manufacturing Circle on 19 and 20 June 2018, at the Sandton Convention Centre, Gauteng. This year’s event will underline the development of new manufacturers to make the South African manufacturing sector competitive with those of other nations.

Contact Thembisa Bambathi, Siyenza Events, Tel 011 463-9184, thembisa@siyenzaevents.co.za