Trade, Industry and Competition Minister Ebrahim Patel says to prepare for the post COVID-19 period, the department and its entities will focus all efforts towards saving firms and preserving jobs.
With just four days to go until South Africa moves to alert level 3 of lockdown, government is shifting to rebuild the economy which suffered a massive blow as a result of the lockdown.
A call has been made to South Africans to support locally made products as part of efforts to jump-start the economy in the midst of the COVID-19 pandemic.
About 1.5 million more South Africans will from 1 May return to work as government begins to lift a fraction of COVID-19 lockdown regulations.
Trade, Industry and Economic Development Minister Ebrahim Patel says government will over the next five years invest R40 billion to create an additional 400 black industrialists.
Government is committed to work with the steel industry to save jobs and has put in place measures to save the industry from collapsing, says the Department of Trade and Industry (dti).