Our local manufacturing sector plays a crucial role in driving economic expansion and contributes significantly to our nation’s Gross Domestic Product (GDP). At Neptun Boot, we are committed to sourcing materials and labour within our borders. By doing so, we actively contribute to the economic growth and prosperity of our nation.
In the realm of safety footwear, the influx of imports poses a significant threat to local manufacturers. Drawing parallels with the fate of the South African Textile and Clothing industry, there is a pressing need to safeguard and support our local footwear manufacturing.
By supporting local manufacturers it’s not only about sustaining businesses; it’s also about fostering economic growth. The manufacting industry serves as a crucial multiplier of economic growth. In 2022, the sector contributed 12% towards the overall GDP and in 2023, manufacturing production in South Africa rose by 2.1% in October of 2023. It’s estimated around 1.5 million people work in industrial manufacturing, making the impact on employment creation substantial.
“When you get right down to it SME’s and manufacturing are a huge part of what makes our economy tick. Neptun recognizes the significance of supporting local businesses, as it contributes to the growth and prosperity of our communities, and also bolsters our economy and strengthens our country as a whole.” Brad Joyce, Director of Neptun Boot
Supporting local is a commitment to a thriving local economy. Beyond the evident economic advantages, supporting local manufacturers brings forth environmental sustainability and guarantees superior product quality.
Benefits of uplifting local businesses include:
Learn more about the benefits of supporting local manufacturers by reading our ‘Why support locally made products?’ blog.
Join us in our mission to strengthen South Africa’s economy by supporting our local manufacturers.