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Industry News


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Article Written by Kgati Mogashoa 02 April 2023.

Industry News by https://www.cgcsa.co.za/wp-content/uploads/2019/10/Buy-Local-Campaign.pdf 2023.

Buy Local Campaign .


Proudly South African (PSA), the Manufacturing Circle (MC), the Department of Trade, Industry and Competition (the DTIC), and the Consumer Products Council of South Africa invited retailers to participate in a consultative process (CGCSA).

The method seeks to identify factors that could improve South African local content in the retail value chain, hence stimulating economic growth and job creation. This was the initial engagement to gather feedback from important stakeholders in order to build a balanced approach that benefits all parties.

Trade and Industrial Policy Strategies (TIPS), Saul Levin (Executive Director), Manufacturing Circle, Philippa Rodseth (Executive Director), Proudly SA, Eustace Mashimbye (CEO), Department of Trade Industry and Competition (DTIC), Thandi Phele, Distell, Lyndon Isaacs, Group Procurement Manager presented to set the stage for the discussion.

  • The complex and wide-ranging retail value chain supports hundreds of thousands of jobs.
  • Without assisting regional farmers, employment losses are more likely, and poor consumers don't create loyal buyers. In the end, it is in the self-interest of merchants to support local farmers, textile companies, etc...
  • Understanding the difficulties that retailers confront in terms of consumer choice based on price and product quality, cost of operations (retail stores and distribution), and the factors that influence purchase decisions is the first step.
  • With the help of consumer advocacy campaign activity by PSA, consideration of regulatory frameworks by the DTIC, and obtaining economies of scale in the manufacturing supply chain backed by the MC, this will aid in identifying chances to tackle solutions in multiple ways.

    • AIR TRANSPORT’S CONTRIBUTION TO GDP SLUMPS BY 11.8%


    References

    Industry News by https://www.cgcsa.co.za/wp-content/uploads/2019/10/Buy-Local-Campaign.pdf 2023.