Plant Equipment and Hire January 2019 | Page 42

INSIGHT DRIVING LOCAL INTO 2019 By Tarren Bolton T he driving force behind capturing this growth opportunity is the South African Capital Equipment Export Council (SACEEC). Plant Equipment & Hire met with Eric Bruggeman, CEO at SACEEC, to discuss his insights. According to Bruggeman, part of the Council’s mandate is to organise outward selling and inward buying missions — to facilitate local growth potential and assist companies to grow their businesses through exporting. SACEEC is a public-private partnership with the Department of Trade and Industry (dti). Members have to be local South African manufacturers, have to be a registered company in South Africa, and have to have at least 70% local content. Support from within Bruggeman explains, “We run clusters — a group of companies — such as a mineral processing cluster, a mining supply cluster, and so on. The idea is that all local manufacturers that fall into the same cluster can form a kind of support structure.” Bruggeman maintains that this allows for common problems and concerns to be identified and addressed, and SACEEC helps to solve these issues. This means that SACEEC spends a lot of time focusing on South Africa itself — right here at home, where currently the market is pretty much dead. And the focus is on support. “For example, SACEEC has a very good global mining network, so we are aware of what is happening where and where all the expansions are, and we open up these avenues of opportunity for our members to sell their equipment around the world and in Africa,” he says. Members who have been exporting have been doing very well. However, manufacturers who, in the past, hadn’t exported much are now trying to expand their export market. “It is critical for the sustainability of local manufacturing operations that they aggressively pursue opportunities to increase their market share. Not only is this relevant to their increased permeation of the overseas market, but furthermore, they need to capture market share that is currently being monopolised by importers. Recent statistics indicate that South Africa currently imports products to the value of a staggering USD83-billion. If we were able to shift this demand to the local manufacturing sector, we could realistically create 1.3 million jobs,” says Bruggeman. Bruggeman believes that localisation can turn things around for South Africa, and that it starts with the municipalities, state-owned companies, and general private-owned businesses supporting local industry. “We have to somehow 42 JANUARY 2019 Specialised Exhibitions While South African manufacturers are lamenting the woes of a tough economic climate, there is still enormous potential to increase their market share both locally and internationally. Eric Bruggeman, CEO at SACEEC, speaking at the launch event for the Local Manufacturing Expo, which took place at the JHB Expo Centre in 2017. reduce the imports, and move into a positive GDP,” says Bruggeman. Showcasing local manufacturers As part of an interactive drive to promote localisation, SACEEC is committed to showcasing southern Africa’s manufacturing capabilities across a wide variety of industry sectors, including mining, environmental control and drilling, digging, cutting, and earthmoving. “The result is the inaugural Local Southern African Manufacturing Expo (LME) being held at the Expo Centre, Nasrec, from 21 to 23 May 2019,” says Bruggeman. The local expo is a first of its kind, and supported by the dti and Minerals Council South Africa, the platform will position hundreds of leading local manufacturers to demonstrate that the power of local manufacturing is the key to unlocking vast economic empowerment, growth, development, and investment. “It cannot be stressed enough that for South African industries to grow and, in turn, put back into the community in the form of job creation, state-owned companies need to buy local. A certain amount of tax has to be returned to, and reinvested in, the domestic economy. Infrastructure depends on state-owned buy-in in order to survive. South Africa cannot rely on investments because we are not exactly investor- friendly right now,” says Bruggeman. He explains that entrepreneurs and overseas investors do business where it’s ‘clean and easy’, and South Africa is just too complicated right now with issues like land reform and state capture. “We are in quite a desperate situation, and the only way out is to focus on localisation. Bottom line: municipalities have to buy local support, local industry, and in doing so, tick all the relevant compliance boxes,” concludes Bruggeman. ■ www.plantonline.co.za