South Africa’s Industrial Development Strategy (IDS) is a strategic response to a rapidly changing global and domestic economic environment. The global economy is evolving due to rising geopolitical tensions, reconfiguration of supply chains, climate change challenges, and the digitalisation of the economy.
- South Africa’s Industrial Development Strategy 2026
The IDS aims to respond to the country’s economic challenges, which include deindustrialisation, slow growth, declining industrial capacity, dwindling investments in the economy’s productive sectors, structural transformation and transition, and backlogs in infrastructure. In dealing with these challenges, the South African government has deployed policy instruments to optimise the performance of the manufacturing sector, including the implementation of sectoral masterplans.
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