EVALUATING SOUTH AFRICA’S IMPLEMENTATION OF ITS INDUSTRIAL POLICY (1994 - 2023)

Molebowe Frans Kgaloshi
Farai Nyika

International Journal of Educational Review, Law And Social Sciences (IJERLAS)
Vol. 4 No. 2 (2024): March

Abstract: We evaluate the effectiveness of the implementation of South Africa’s industrial policy between 1994 and 2023, to provide policy makers with informed recommendations for improving the effectiveness of this policy. The methodology used in this paper is that of the desktop literature review of government policy documents, legislation, industrial output reports, and academic work related to South African industrialization. We find that South Africa’s industrial policy in South Africa failed to reach its stated targets as there were many problems that contributed to its ineffective implementation. The study recommends that policymakers must revise its industrial policies (to improve its clarity, consistency, and scope) and improve the services provided by the public sector, to enhance industrialization’s effectiveness in growing South Africa’s economy.