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Cape Business News
May 4, 2021
Logistics, supply chains sectors could play crucial role in rebuilding SA economy. Source: Bizz Community
The automotive sector, mining and agriculture have taken a huge knock in the past year, but remain South Africa’s best chance for a change in fortunes given their track record and faith placed in them by international markets.
Benefactor industries like logistics and supply chains could help with rebuilding the domestic economy in the aftermath of Covid-19’s lockdown impact. Stats SA, for example, reports that in the three months ended February 2021, seasonally adjusted motor trade sales increased by 0,5% compared with the previous three months.