Budget Vote Address By Hon. Parks Tau, Minister Of Trade, Industry And Competition, For The FY 2026/2027, 23 June 2026

The adoption of the Industrial Development Strategy (IDS), charts the direction of our growth path. South Africa is re-industrialising through diversification, decarbonisation and digitalisation. Firstly, our diversification strategy, illustrated through a butterfly, demonstrates our ability to expand South Africa’s productive base beyond traditional resource-intensive activities by deepening value addition, fostering new industrial sectors, strengthening agro-processing, services, regional value chains, and diversifying export destinations. Read More

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