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Press Release issued by SAAMDEC -
135
Dear AMD Members, ordinarily a New Year marks a new beginning and renewal for the future, however we begin 2021 with enhanced uncertainty with regards to the sustainability for both the defence industry as well as the broader economic landscape in South Africa and around the world. The recovery from the impact of the pandemic is not as anticipated, with South Africa unfortunately hit with a second wave of the Covid-19 virus.
Highlights from 2020
It is also at the beginning of the year that we reflect and take stock of the previous year. 2020 was not an easy year as the local defence budget had been cut, the SADI was further affected by NCACC permit delays which halted members’ ability to export. ....

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