Rise in e-commerce activity boosts South Africa’s supply chain sector

This is according to Deputy President Paul Mashatile, who was speaking at the opening ceremony of the China International Supply Chain Expo (CISCE) in Beijing on Wednesday.  

“Our business communities have been resilient and adapting through strategies like diversifying suppliers, holding more inventory, and investing in digital transformation,” he told delegates. 

Mashatile is in China for a strategic working visit to strengthen bilateral relations and enhance economic cooperation between the two nations.  

The Deputy President participated in the CISCE at the invitation of Ren Hongbin, the chairperson of the China Council for the Promotion of International Trade (CCPIT). The event highlights the latest advancements in supply chain management.  

Mashatile said this high-level expo is essential for both countries as it fosters trade, investment, cooperation, innovation and learning within the global supply chain ecosystem. 

Committed to strengthening global supply chains 

“South Africa is committed to strengthening global supply chains and fostering resilience in the face of challenges. In today’s rapidly changing world, the global supply chain landscape is facing unprecedented challenges, from natural disasters to political upheavals.”  

He assured the expo that government has also adopted policies and strategies that are conducive for businesses to thrive.  

“We understand the importance of building robust supply chains that can withstand disruptions and ensure the efficient flow of goods and services. 

“Our diverse economy and strategic location make us a natural gateway for trade and investment, connecting Africa to the rest of the world.”  

The Deputy President described China as an essential partner in South Africa’s economic journey, recognising significant opportunities for collaboration and mutual growth. 

“Together, we can leverage our strengths and capabilities to further build supply chains that are not only efficient and cost-effective but also sustainable and resilient. 

“The fact that China and South Africa have a strong desire to diversify and expand trade between Africa and China is crucial to our efforts to create a solid supply chain.”  

Mashatile said South Africa’s export portfolio to China comprises mainly basic commodities.  

“While the trade volumes confirm South Africa’s natural endowment, the heavy slant towards mineral-based exports belies our advanced infrastructure, our diversified industrial base, and our leading service sectors.”  

Showcasing unique SA offerings 

The South African government delegation was accompanied by 30 manufacturers and producers of uniquely South African products and services.  

These showcase the diversity of South African exports, ranging from ethically sourced and clean cosmetics to durable electro-technical.  

“Naturally, our offering would not be complete without the companies that are showcasing the finest of South African clothing, leather and footwear,” the Deputy President said.