Industrial Policy plan reaps benefits

The Department of Trade and Industry will offer incentives worth R5.75-billion over the next six years to help South Africa's manufacturing sector become more competitive in an increasingly difficult global environment.

Changes to the incentives for foreign film and television productions will enable local post-production companies to attract work that is not necessarily filmed in South Africa, helping to sustain and grow South Africa's film industry.

African agriculture is undergoing a transformation, creating a new era of opportunity for both farmers and investors, according to African and global leaders at the World Economic Forum on Africa.

Africa's growth trajectory remains positive despite the current global economic turmoil, Brand South Africa said as international business and political leaders gathered in Addis Ababa, Ethiopia for the World Economic Forum on Africa.