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Friday, 18 March 2016

Briefings: New Development Bank and Africa; Regional value chains in SADC Automotive Sector

 
[L-R] Chelsea Markowitz (SAIIA), Neuma Grobbelaar (SAIIA), Isamu Yamaguchi (Japanese Embassy) and Renai Moothilal (dti)  [L-R] Chelsea Markowitz (SAIIA), Neuma Grobbelaar (SAIIA), Isamu Yamaguchi (Japanese Embassy) and Renai Moothilal (dti) Photo © Riona Judge McCormack/ SAIIA

On 18 March 2016, SAIIA and the Embassy of Japan cordially hosted two briefings, on 'The New Development Bank and its place in the Development Finance Sector in Africa: Perspectives,' and 'The potential for the development of regional value chains in the Automotive Sector in SADC: Lessons from the ASEAN Experience.'

Event details

Date:          Friday, 18 March 2016
Venue:       SAIIA Head Office, East Campus, Wits University, Johannesburg
Time:         11h00 for 11h30-13h00 and 13h30-15h00         

View photos from the event here.

Programme

11.30-11.45:  Welcome by Isamu Yamaguchi, Japanese Embassy and Elizabeth Sidiropoulos, SAIIA

Briefing Session 1: The New Development Bank and its place in the Development Finance Sector in Africa: Perspectives
 
The recent establishment of the New Development Bank by the BRICS members raises interesting questions about how the bank will fit into the development finance landscape in Africa. To what extent will the bank complement and help to leverage additional funding for Africa’s vast and ambitious development plans? Will the bank introduce an alternative development narrative compared to Western-dominated development finance institutions, especially in the African context?  
 
11:40-12:05         Presentation by Cyril Prinsloo, SAIIA and Elizabeth Sidiropoulos, SAIIA
                          [Download the presentation]
12:05-12:20         Respondent: Ms Vuyelwa Vumendlini-Schalk,
                          Chief Director: Global and Emerging Markets, National Treasury
12:20-13:00         Discussion
 
 
Briefing Session 2: The potential for the development of regional value chains in the Automotive Sector in SADC:  Lessons from the ASEAN Experience

The introduction of the ASEAN Industrialisation Cooperation (AICO) Scheme in 1996 created a unique opportunity for both foreign investors in the ASEAN region and its member states to benefit from the regional free flow of goods in support of regional industrial development. The Scheme also played an important role in the development of a strong automotive sector in the ASEAN region. Which lessons can be learned by SADC from the Scheme’s implementation, such as the importance of capacitating SMEs and the difficulties of protecting an indigenous automotive sector while also encouraging regional integration. More importantly, what role can South Africa lay in supporting the development of a regional value chain in the automotive sector in SADC?

13:30-14:00        Presentation by Chelsea Markowitz, SAIIA and Neuma Grobbelaar, SAIIA
                         [Download the presentation]
14:15-14:30        Respondent:
                         Renai Moothilal, Director: Automotives, Department of Trade and Industry
14:30-15:00        Discussion

 
SAIIA gratefully acknowledges the support of the Japanese Embassy for the research studies that inform these briefings.