Enter competition for manufacturing SMEs
Manufacturing SMEs are encouraged to enter the Eskom Business Investment Competition (BIC) which closes at midnight on 12 February 2021.
“Manufacturing is the fourth largest industry in South Africa and bolstering participation in this sector provides a ripple effect in boosting technology and engineering in the country. It also goes a long way toward creating jobs,” the organisers said. “Investment in the manufacturing sector creates an environment that supports other economic hubs that will improve the country’s productivity by increasing the ability to trade with other countries.”
The manufacturing sector had to contend with a shortage of raw materials, a shrunken workforce and, in some cases, a limited capacity for production due to the Covid-19 pandemic in 2020.