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Article: SA's second industrial revolution.(South Africa's industrial history)(Cover Story)
- Article from:
- African Business
- Article date:
- November 1, 1999
- Author:
CopyrightCOPYRIGHT 1999 IC Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Is South Africa about to enter its second industrial revolution? Many say that is on the cards, others are not too sure. But, if the country's industrial history repeats itself, says Tom Nevin, South Africa could be heading for an economic hey day.
South Africa's industrial revolution started building up a meaningful head of steam after the Second World War when manufacturing blossomed and became a major driving force in the national economy. It was at this time that the manufacturing sector increased its share of the total national output, dramatically increasing employment opportunity and reducing the economy is dependency on imported goods.
Although ...