LOCAL MANUFACTURING
67
1
Absa’s commitment to enabling a transformed and
competitive company in their supply chain enabled
Duratherm to start a journey to reconfigure its production
capability towards a low-cost, efficient, high-volume
operation.
2
Nzimande believes one has to make the necessary
investments to compete with imported products. “That is
the ticket to the game. At least deliver the local product
— of better quality — at a reasonable or similar price.
If you get that value equation right, your product will
succeed. But do not expect people to pay more just
because you’re local.”
REGULATION
“In the solar water heating market, many companies are
currently trying to make a decision whether to stay open
or close because the volumes are not there currently.”
3
2.
3.
Capital from Absa’s Black Business Development
Fund has allowed Duratherm to upgrade its
manufacturing capabilities.
Absa has been a vital business partner to
Duratherm.
Managing director Thembinkosi Nzimande is a
visionary businessman.
A lot of lip-service is
being paid to local
manufacturing.
www.plumbingafrica.co.za
1.
Continued on page 68 >>
January 2018 Volume 23 I Number 11