Industrial Policy, the Manufacturing Sector and Black Empowerment in South Africa

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dc.article.end-page25
dc.article.start-page1
dc.contributor.authorGoga, Sumayya
dc.contributor.authorAvenyo, Elvis Korku
dc.date.accessioned2022-12-21T09:07:02Z
dc.date.available2022-12-21T09:07:02Z
dc.date.issued2021-09
dc.departmentSouthern Centre for Inequality Studies (SCIS)
dc.description.abstractBlack economic empowerment (BEE) in South Africa has undoubtedly been ambitious in seeking to transform ownership, control, and management of the economy’s productive assets and resources. It is ambitious because the changes that are needed to reverse decades of entrenchment of economic power in the hands of a few are far-reaching. Extensive transformation means challenging the position of incumbents in the economic system and the interests that work together to maintain those positions, in the context of a decidedly liberal economic policy context. While BEE policy has been applied as the African National Congress government’s primary strategy for bringing about transformation in the ownership and control of productive assets in the economy, the outcomes in key sectors of the economy have been poor in terms of inclusion. This paper considers the interrelations between the black empowerment programme and industrial policies in South Africa, with specific reference to transformation in the manufacturing sector. The paper examines the extent of transformation in the manufacturing sector in South Africa. The paper seeks to understand why South Africa has not seen the emergence of a large, economically significant black industrialist class that owns and controls economic assets and resources that are competitive at different levels in the manufacturing sector. The paper further explores the extent to which South Africa’s industrial policy strategies have contributed to or undermined deep transformation in the manufacturing sector. The paper identifies key limitations of BEE and South Africa’s industrial policy framework, and the gaps between these policies in terms of addressing the factors that restrict the inclusion of black-owned firms in manufacturing. It further considers how industrial transformation could be accelerated in South Africa
dc.description.librarianES2022
dc.description.sponsorshipSouthern Centre for Inequality Studies (SCIS)
dc.description.sponsorshipUniversity of the Witwatersrand
dc.facultyFaculty of Commerce, Law and Management
dc.identifier.urihttps://hdl.handle.net/10539/33898
dc.language.isoen
dc.orcid.id0000-0002-7350-079X
dc.orcid.id0000-0002-1858-3318
dc.publisherSouthern Centre for Inequality Studies (SCIS)
dc.publisherUniversity of the Witwatersrand, Johannesburg
dc.relation.ispartofseriesSCIS Working Paper; 25
dc.rights©2021 Southern Centre for Inequality Studies (SCIS)
dc.schoolSouthern Centre for Inequality Studies (SCIS)
dc.subjectBlack Economic Empowerment
dc.subjectBlack economic empowerment (BEE)
dc.subjectEconomy’s productive assets and resources
dc.subjectLiberal economic policy context
dc.subjectManufacturing sector
dc.subjectSouth Africa’s industrial policy strategies
dc.subjectSouth Africa’s industrial policy framework
dc.subjectEconomic system
dc.titleIndustrial Policy, the Manufacturing Sector and Black Empowerment in South Africa
dc.typeWorking Paper
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