On Tuesday, 16 August 2016, ECIC participated at the Provincial KZN Manufacturing Indaba, held at the Durban ICC and hosted by the Department of Trade and Industry and the Durban Chamber of Commerce and Industry. After a successful National Manufacturing Indaba held at the country’s manufacturing hub, Ekurhuleni, ECIC was yet again invited to the provincial Indaba.
Senior Economist, Tsidiso Disenyana, joined a panel of industry experts under the discussion topic “South Africa’s role in the growth of Manufacturing in Africa”. Various business people attended the Indaba such as the manufacturing businesses from various sectors of the economy, financial institutions and African governments.
KwaZulu-Natal’s manufacturing sector is the second largest in the country, after Gauteng Province. The manufacturing sector is geared for export, with nearly a third of South Africa’s manufactured exports being produced in KwaZulu-Natal. Its diversified nature is significant in the KwaZulu-Natal’s economic growth rate, and generates 20 percent of provincial employment.