http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.90Change: 0.03
R/$ = 12.69Change: -0.01
Au 1084.08 $/ozChange: -7.37
Pt 949.00 $/ozChange: -17.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jun 22, 2012

Global interest in Africa profound, drives chamber to open new branch in KZN

Back
Agriculture|Cape Town|Construction|Engineering|Johannesburg|Natal|Africa|Botswana|Building|DTI|Education|India|Mining|Namibia|Southern Africa|Water|Africa|Europe|South America|Angola|Brazil|China|Democratic Republic Of Congo|Germany|Mozambique|Russia|South Africa|Zambia|USD|Bilateral Trade Networks|Collective Gross Domestic Product|Communications Technology|Product|Services|Translation Services|Deutscher Aktien|Carryn Todd|Infrastructure|Water|Yvonne Iyer|Middle East|Communications Technology
Agriculture|Construction|Engineering||Africa|Botswana|Building|Education|Mining|Namibia|Water|Africa||Angola|Democratic Republic Of Congo|Zambia||Services|||Infrastructure|Water|||
agriculture|cape-town|construction|engineering|johannesburg|natal|africa-company|botswana|building|dti-company|education-company|india|mining|namibia|southern-africa|water-company|africa|europe|south-america|angola|brazil|china|democratic-republic-of-congo|germany|mozambique|russia|south-africa|zambia|usd|bilateral-trade-networks|collective-gross-domestic-product|communications-technology-industry-term|product|services|translation-services|deutscher-aktien|carryn-todd|infrastructure|water|yvonne-iyer|middle-east|communications-technology
© Reuse this



The Southern African–German Chamber of Commerce and Industry (SAGCC) opened a new regional branch in KwaZulu-Natal (KZN) earlier this month to provide direct contact to member companies operating in the region. It will facilitate German presence in the province and support Southern African commerce initiatives moving into a German realm.

“We are aligning ourselves with the second-strongest provincial economy in South Africa,” says SAGCC trade fairs department head Carryn Todd. The new branch will offer the same services as the SAGCC’s Cape Town and Johannesburg offices, including legal advice, translation services, address searches and feasibility studies on behalf of the chamber’s members.

The SAGCC has appointed Yvonne Iyer to represent the new branch. Iyer is a KZN local, who grew up in the region, to represent the new branch.

Todd says that, in the past, the chamber had perhaps been perceived as a German governmental department exclusively repre- senting the interests of German companies, but assures Engineering News that it has Southern Africa’s best interests at heart.

“The chamber continues to foster the needs of Southern African commerce initiatives and offers bilateral trade networks within Southern Africa and Germany for all Southern African businesses to access, for the benefit of their trade activities.
“The aim of setting up a new branch is to ensure that each region in South Africa has the opportunity to benefit from sector- and region-specific interests from Germany,” she says, adding that this fulfils the terms of the chamber’s mandate to support small, medium-sized and microenterprises (SMMEs), specifically in the Southern African region.

The Scramble for Africa
Global interest in Africa is profound at the moment, which is another driver behind the launch of the KZN SAGCC, says Todd. She believes that South Africa’s inclusion in the Brazil, Russia, India, China and South Africa, or Brics, grouping could have been influenced by the country’s status as an entry point to the Southern African Development Community (SADC) region and ultimately, Africa, which has a collective gross domestic product of nearly $2-trillion.

“We are taking note of the Deutscher Aktien Index-30 companies that consider penetrating Africa as the last remaining omission from their global network,” says Todd. “They have penetrated South America and the Middle East but, because Africa is such a strong emerging economy, they would now like to tap into Africa.”
In response to the growing interest in Southern Africa and meeting SAGCC members’ demand to connect with business regions that hold the greatest potential revenue, the chamber has initiated an individually tailored 18-month African exposure strategy for its exhibitors.

The chamber has joined forces with non-profit organisation Africa Exchange to host monthly business commerce luncheons for companies interested in doing business in the SADC region.

This year, the SAGCC sent two delegations from Germany to Mozambique, Angola and the Democratic Republic of Congo, and will host a business luncheon at the chamber with the Mozambique embassy, later this month.

These events will shed light on what needs to be done in terms of business in the region with regard to the commercial terms and the process of establishing a venture, discussing the medium-term programmes of the country and what particular sectors are in focus, from agriculture, information and communications technology, to infrastructure, water and sanitation, and mining and mine-shaft rehabilitation.

The itineraries for each SADC business luncheon, held monthly at the chamber, are country-specific and in line with each country’s key performance indicators from the medium-term programmes issued by its government. “We all know that time is precious, so we’re trying to ensure that our information distribution is linked to the yearly medium-term reports issued by the different countries,” says Todd.

She also stresses that the SAGCC aims to ensure that the information sources it distributes emanate directly from the rele- vant embassies and regional investment promotion agencies.

The chamber looks at case studies of member companies that have started up businesses in countries of interest. This gives the chamber the opportunity to converse with the ambassadors or embassy representatives regarding administrative issues such as visa applications, work permits, concessions, subsidies, tax regimes and the various processes of setting up a company in any particular region, says Todd.

“We are trying to do away with the boundaries between SADC countries to facilitate smooth and enhanced business networking opportunities and share information with accurate and reliable sources,” she adds.

Todd tells Engineering News that there are many success stories of positive connections made within countries in the SADC region, citing the relationships between Botswana, Mozambique, Angola, Namibia and Zambia as some examples.

She says communication is currently free-flowing, which creates a trade connection between the abovementioned countries. “A very good relationship exists and for us [SAGCC], it is important to know which countries are networking,” says Todd.

She adds that the chamber is looking into forging the contacts and mentions that where a business enters one region, it is likely that it would enter into a second, or even third, spin-off benefit, if managed correctly.

Sector Growth
The SADC region is gaining strength in the handcraft and textile sector, which has become very competitive in European markets, says Todd. “We are seriously considering a bilateral mandate between Germany and Southern Africa to gather the strong handcraft and textile industry in the SADC region, and introduce young entrepreneurs and SMMEs to the European markets through German trade fairs.

“Trade fairs are a great opportunity to profile the strength of the Southern African textile industry on European platforms,” says Todd.

Financial Support
The SAGCC works closely with South Africa’s Department of Trade and Industry (DTI) to identify potential trade exhibitors in Southern Africa and link them with a trade show in the SADC region or in Germany. The DTI funds the exhibitors’ participation.

“Historically, the DTI supports disadvantaged SMMEs in South Africa,” says Todd, noting that South Africa is the only country in the world that fully funds an exhibitor as it steps onto the European platform.

“The DTI offers full or partial fiscal responsibility for exhibitors’ costs, such as travel expenses, shipping fees, stand costs, stand construction, print material and media packages from the German Trade Fairs department represented in each region on a case by case basis.”

In collaboration with the DTI’s support, the SAGCC facilitates business-to-business connections once the exhibitor is in Germany, scheduling buyers’ meetings and networking opportunities with potential decision-makers in the region.

“Our job is to network with our trade fair organiser contacts and to offer as much support as possible to ensure a profitable experience for the DTI-funded and privately funded exhibitors,” says Todd.

Alleviating Anxiety
The SAGCC recognises the global interest in Africa. “We are aware of anxiety among SMMEs and young entrepreneurs, which is preventing them from tapping into the range of opportunities that exist within the SADC region,” says Todd.

The chamber aims to reduce anxiety through knowledge and education, prepared- ness and carefully organised itineraries at the SADC and German trade fairs.

“We are trying to drop the metaphorical trade borders between regional countries and encourage communication and networking, open-door policies and information-sharing so that it’s not as intimidating for SMMEs to progress beyond the borders of South Africa.”

Todd believes that because Southern Africa is a developing economy, it requires on-the-ground networks to pursue business connections in other parts of the world, which is why the chamber actively supports member companies attending African trade shows.

“The SAGCC is the largest chamber of commerce in sub-Saharan Africa and the fact that we represent the strongest economy in Europe is a significant benefit to us,” says Todd. “This makes it possible for us to continue building relationships with ambassadors [from SADC countries] because we have proven our loyalty to the region.”

This year marks the chamber’s sixtieth anniversary in Southern Africa.

Edited by: Chanel de Bruyn
Creamer Media Senior Deputy Editor Online
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Trade News
State-owned freight logistics group Transnet says it will begin executing its ‘Africa Strategy’ during the current financial year, having already grown cross-border revenues from R1.5-billion in 2013/14 to R2.6-billion in 2014/15. The company on Monday distributed...
An Airbus A340-600 of SAA
South African Airways (SAA) started its new route between Johannesburg and Washington DC via Accra, Ghana, on Sunday. The inaugural flight carried Ghanaian Transportation Minister Dzifa Aku Attivor, as well as other dignitaries, on the Accra-Washington leg and was...
South Africa's trade surplus widened to R5.80-billion ($457-million) in June from a revised R4.94-billion in May, the national revenue agency said on Friday. Exports increased by 1.6% to R90.3-billion, while imports were up 0.7% to R84.5-billion on a month-on-month...
More
 
 
Latest News
Updated 18 minutes ago This eight-page brief is a synopsis of key developments in the electricity industry over the past 12 months, including details of South Africa’s constrained power system; State-owned power utility Eskom’s financial status and tariffs, capacity expansion programme,...
The Department of Labour (DoL) will on Tuesday start hosting a series of national public hearings to review the farming and forestry sectors’ minimum wages and conditions of employment as prescribed in Sectoral Determination (SD) 13. The department explained in a...
The Independent Communications Authority of South Africa (Icasa) on Monday announced that it was “eager” to “reinitiate” the licensing process for the assignment of the high-demand spectrum. Icasa, which was responsible for the allocation of spectrum to broadcasting...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
Daimler truck test engineer Dirk Stranz pushes one button, and then retracts his hands from the steering wheel of the Mercedes-Benz Future Truck 2025. “And now the truck is driving itself.”
The statutory body responsible for skills development and support in the banking sector, BANKSETA, was investing R68-million in the capacity building project of the University of Venda (UniVen), announced Bankseta company secretary Caroline King at a media event in...
LIONEL MOYAL Cloud services providers must compete against other cloud services providers for business by providing up-to-date systems and services
Legacy information technology (IT) systems are becoming increasingly obsolete because of the maturity, efficiencies and cost effectiveness of cloud-based IT services, says information and communication technology major T-Systems subsidiary Intervate head Lionel...
ARMANDÉ KRUGER Balancing the collection and processing of data must be aligned to strategy
Many complementary services enable companies to derive broad value from data inside and outside them. The complexity of data management means that companies’ strategies determine the various data systems and functions they will use, says PBT Group regional sales...
The South African Civil Aviation Authority (SACAA) has announced that it had awarded the country’s first remotely piloted aircraft systems (RPAS) pilot’s licence. It was issued on Friday, July 10, to SACAA employee and qualified commercial pilot Nicole Swart,...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96