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24 November 2022

HSRC to host a policy dialogue on macroeconomic policies for inclusive industrialisation in SA

Human Sciences Research Council (HSRC)
Press Release

Pretoria, Wednesday 16 November 2022 –What roles can macroeconomic policies play in expanding an inclusive industrial sector in South Africa? To what extent does the country’s longstanding Industrial Policy Action Plan incorporate and provide for macroeconomic imperatives?

To address these and related questions, the Human Sciences Research Council (HSRC) will host a policy dialogue entitled Macroeconomic policies for inclusive industrialization in South Africa on Thursday, 17 November 2022 at 12h00.

The dialogue seeks to stimulate evidence-informed conversations about the interactions of macroeconomic policy goals and industrialization in a global scenario marked by accelerating climate change and technological innovations.

The key issues that cut across macroeconomic and industrial policy include economic growth; better production techniques and technologies; the financing of plants, property and equipment; preventing a few giant corporations from controlling key industries; and incentives for job creation, particularly among the unskilled.

Furthermore, debates about the macroeconomics of industrial policy invariably open questions about putting in place fit-for-purpose institutional governance systems.

Against this backdrop, experts will debate researched insights on:

  • Key features of South Africa’s industrial sector and structure: past and present
  • South Africa’s employment crisis – how appropriate have our industrial policies been?
  • Funding mechanisms to promote inclusive industrialization
  • Employment-focused industrial policy

This is the fifth in a series of HSRC Macroeconomic Policy Dialogues with a sixth dialogue planned for February 2023. The aims of the dialogues are to widen the debate, strengthen cooperation between policy practitioners, academia, and non-governmental stakeholders, and promote evidence-informed solutions to diverse macroeconomic puzzles that hinder transformational development in South Africa, across our continent, and beyond.


  • Dr Nthabiseng Moleko (Development Economist, Stellenbosch Business School)
  • Dr Pali Lehohla (Director of Economic Modelling Academy (EMA); former Statistician-General of South Africa, 2000–2017)
  • Prof Mark Swilling (Distinguished Professor and Co-Director of the Centre for Sustainability Transitions (CST), Stellenbosch University)
  • Thabi Nkosi (Agricultural economist, investment strategist, and development finance professional)

Details of the event

Date:                 17 November 2022

Time:                 12h00 to 14h00


For media inquiries:

Dr Lucky Ditaunyane, Cell: 0832276074, Email: Nematandani, Cell: 0827659191, Email:

Notes to the Editor

About the Human Sciences Research Council (HSRC)

The HSRC was established in 1968 as South Africa’s statutory research agency and has grown to become the largest dedicated research institute in the social sciences and humanities on the African continent, doing cutting-edge public research in areas that are crucial to development.

Our mandate is to inform the effective formulation and monitoring of government policy; to evaluate policy implementation; to stimulate public debate through the effective dissemination of research-based data and fact-based research results; to foster research collaboration, and to help build research capacity and infrastructure for the human sciences.

The Council conducts large-scale, policy-relevant, social-scientific research for public sector users, non-governmental organizations, and international development agencies. Research activities and structures are closely aligned with South Africa’s national development priorities.

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