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Export Credit Insurance Corp News

Exponential increase in the number of power generation projects

17th February 2017 The African continent’s large energy deficit has resulted in an exponential increase in the number of power generation projects – both planned and implemented – as well as the number of stakeholders which are a consequence of renewed commercial interest in the African energy sector, says... 

Specialised energy mission from South Africa to Zambia commended for innovative approach to doing business in Africa

9th February 2017 A South African energy sector trade and business delegation recently had another successful trip to Zambia. The trade mission was jointly led by Trade Invest Africa and the South African Electrotechnical Export Council. “We are impressed by the calibre of companies from the South African Energy... 

Organisation responds to skills shortage in industry

11th November 2016 Credit and investment insurance solutions provider Export Credit Insurance Corporation of South Africa (ECIC) highlights that its belief in the socioeconomic development potential of the country has led it to adopt skills development for the construction industry as one of the focus areas at its... 

Hard currency availability a challenge for cross-border trade in Africa

14th October 2016 An issue that has come into sharp focus for businesses in Africa is the shortage of available hard currency as most capital projects on the continent tend to be funded in US dollars although they may generate their revenue in local currency, says Export Credit Insurance Corporation of South... 
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Group Five appoints Mosai as CEO

JSE-listed construction company Group Five has appointed Themba Mosai, who has been acting CEO of the group since March, as CEO, effective immediately. He takes over the reins from Eric Vemer, who moved on to new opportunities. 

DTI refuses to release list of black industrialist scheme beneficiaries for fear they will be ‘harassed’

Trade and Industry Minister Dr Rob Davies showcased four recipients of government’s flagship Black Industrialist programme (BIP) during his Budget Vote on Tuesday, but astonishingly refused to release the names of all 46 recipients of the non-refundable government grants and concessional loans.... 
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