Timber processing sector needs to recapitalise and inject new investments to grow

The Timber processing sector needs to recapitalise and inject new investments to grow. But new players in the sector are battling to access government funding schemes and grants due to red tape and bureaucracy. However, some have pinned their hopes on the Department of Trade Industry's master plan - launched last year to help increase investments, jobs and competitiveness in the industry. For more news, visit sabcnews.com and also #SABCNews #Coronavirus #COVID19News on Social Media.