Logistics Barometer highlights paradox of local industry

If South Africa invests more in beneficiating more of its raw materials, the logistics costs relative to gross domestic product (GDP) will drop, which will, in turn, contribute to job creation and grow the economy, Stellenbosch University (SU) logistics professor Jan Havenga said on Thursday. For this reason, he pointed out, first-world countries such as Germany and Japan were faring better than South Africa.