# Deputy President Paul Mashatile says South Africa’s industrial landscape is increasingly marked by foreign entities acquiring local industrial firms. While acknowledging that these investments bring crucial capital and advanced technology, he warned that the trend raises concerns about potential de-industrialisation and the erosion of local ownership. Mashatile says South Africa is addressing the challenges of de-industrialisation through a state-led strategy that emphasises the need to balance foreign investment with robust domestic safeguards:
Mashatile says South Africa is addressing the challenges of de-industrialisation [SOUND]
ENG MashatileONChallenges