In the second quarter of 2023, South Africa’s merchandise exports saw a notable year-on-year decline, falling by 10.2% to R490 billion (constant rand terms) from R546 billion in Q2 2022, with a marginal drop of 0.1% from the previous quarter (Q1 2023). The fall in exports continues to be driven by a drop in mining exports, which saw a 20% decline due to a fall in the price of coal. Growth in imports moderated, slowing down to a year-on-year increase of 1.5%, amounting to R481 billion in Q2 2023, and a 2.3% decrease from the previous quarter. The moderation of imports resulted in a reversal of the trade deficit experienced in the first quarter of 2023, with South Africa’s trade balancing amounting to R9.6 billion.
The Import Localisation and Supply Chain Disruption study is a quarterly report that seeks to identify goods from the list of imports identified in the Import Tracker report that South Africa could possibly viably manufacture. Each quarter focuses on five manufactured items from the list of imports in the corresponding quarter's Import Tracker report. The five products in this report are:
Business Day - 17 October 2023 by Gilad Isaacs, Pundy Pillay, Alex van den Heever, Pregs Govender, Neva Makgetla, Pali Lehohla and Nomzamo Zondo*
*The authors are among dozens of policy analysts and organisations that signed an open letter expressing similar views.
Engineering News - 18 October 2023 by Tasneem Bulbulia
Read online at Engineering News
See more about the Development Dialogue hosted by TIPS on October 18: Building a Local Battery Industry
TIPS Development Dialogues 2023
Medical Devices Value Chain
Monday 23 October 2023 at 11:00 AM – 13:00 PM.
11:00 Opening and welcome by Moderator: Dr Michelle Mulder (SAMRC)
11:10 – 12:20 Presentations and discussion:
12:20 – 12:50 Discussion
12:50 – 13:00 Closure
Presentations
Victor van Vuuren (HolaVic) - Medical devices
Dr Julius Mubwagwu (STEaPP) (University College of London) - Localisation of medical manufacturing in Africa
Media
Regulation and certification remain key for medical devices manufacturing in Africa - Schalk Burger, Engineering News 24 August 2023
Research
Localisation of medical manufacturing in Africa - Institute for Economic Justice November 2022
Background
South Africa is a large procurer of medical devices and pharmaceutical projects, with a well- established health care system and network. The COVID-19 pandemic as well as supply-chain disruptions highlighted the need to have domestic capacity in producing medical products. Further, building on the established demand for this sector, localisation of medical products would strengthen industrial capacity, create employment and reduce trade deficits.
This Development Dialogue will engage on the latest evidence for the development of domestic and Africa-wide capacity in the production of medical devices and products.
The Development Dialogue draws on recent TIPS research on the medical devices value chain in South Africa, IEJ research on localising medical manufacturing in Africa, and insights from the current process to develop a South African medical devices masterplan.
About the Speakers
Moderator
Dr Michelle Mulder is Executive Director in Grants, Innovation and Product Development at the South African Medical Research Council. She has a doctorate in Medical Microbiology from the University of Cape Town and has post-doctoral experience in a start-up biotechnology company emanating from the University of Cambridge (UK). She has consulted extensively in technology innovation and has been involved for the last 18 years in the strategic management and commercialisation of the SAMRC’s intellectual property and in capacity building in these areas in Southern and East Africa. She currently serves as a board member of two SAMRC-linked companies and is a member of the NHLS Research and Innovation Committee.
Presenters
Liako Mofo is a senior economist at TIPS. She holds a master’s degree in development economics from the University of Sussex, United Kingdom and has more than 16 years of experience in economic research, policy development and analysis, development of national strategic development plans, sector-specific investment plans and project cycle management in the public sector, and development in the regional and international context.
Dr Julius Mugwagwa is an Associate Professor of Health Innovation and Public Policy UCL STEaPP – Science Technology Engineering and Public Policy, University College London (UCL). His specialties and interests are local and global health; innovation systems; funding and governance of science, technology and innovation; health system strengthening; pharmaceutical and biotech sectors; cross-national technology governance; policy analysis; and project management.
Victor van Vuuren is Director: HolaVic Consulting (Pty) Ltd consulting globally. After completing a law degree Victor started his working career at the South African Department of Justice. Thereafter he moved into the private sector as a corporate legal advisor and human resources director at executive level in large corporates. Victor later helped establish a unified South African business federation, Business Unity South Africa, and was appointed as the first Chief Operations Officer.
For more information, please contact TIPS via email at: daphney@tips.org.za
TIPS Dialogues bring together academics, policymakers, civil society organisations, workers,
and practitioners to discuss important issues and share ideas on industrial policy.
TIPS is partnering with the Department of Trade Industry and Competition (the dtic)
and the Institute of Economic Justice (IEJ) which will co-host the seminar.
Engineering News - 6 October 2023 2023 by Irma Venter
ESI Africa - 6 October 2023 by Nasi Hako
Read online at ESI Africa
Business Day - 3 October 2023 by Neva Makgetla (TIPS Senior Economist)