Competing with ‘best in the world’

The Gauteng Exporter of the
Year Awards confirm that
South Africa can and does
compete with the best in the
world, said FNB’s Michael
Vacy-Lyle.
Speaking at the award
ceremony in Johannesburg last
week, Vacy-Lyle said South
African companies had proved
their capability in global
terms.
“This is the decade of
Africa and South Africa
continues to play a major role
in the continent – and not
just to get a foothold on the
continent.”
“The world has changed
drastically in the past few
years. Now sub-Saharan
Africa is expected to grow at
some 6% over the next few
years compared to the 1% of
developed countries.”
Lawrence Saville, director
of the Johannesburg Chamber
of Commerce and Industry
(JCCI), organisers of the
annual event, said it was clear
to the JCCI that there was
much potential for increased
exports to markets in Africa
but infrastructure had been
identified as one of the factors
that adversely affected growth.