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Aug 28, 2015
South Africa will introduce a new 10% customs duty on certain steel products, Trade and Industry Minister Dr Rob Davies said on Friday, aimed at protecting the local manufacturing industry from cheaper Chinese steel imports. Following complaints from ArcelorMittal...
Aug 28, 2015
REPOSITIONED ENGINEERING Daliff re-engineered several machining processes and enhanced its quality-control systems
Having received direct approval in 2014 from aerospace major Airbus that it is a credible supplier, Cape Town-based machined components supplier Daliff Precision Engineering aims to secure machining contracts from international Airbus Tier 1 suppliers within the next...
Aug 28, 2015
ASCENDING AFRICA Airbus customers in the African region account for 255 orders since 1974 while there are currently 209 Airbus aircraft in service with 38 carriers in the region
In the past two years, European airliner maker Airbus has added eight African and Indian Ocean airlines to its regional operators’ base, continuing a growth trend that began in the mid-1970s and which is firmly on track to meet the region’s future needs for over 970...
Aug 28, 2015
EN ROUTE Paramount Group aims to produce between 10 and 15 Advanced High-Performance Reconnaissance Light Aircraft a year at its new production facility
Having celebrated the one-year anniversary of its Advanced High-Performance Reconnaissance Light Aircraft’s (Ahrlac’s) first flight in July, South Africa-based defence solutions business Paramount Group says it will soon be able to set/finalise the aircraft’s...
Aug 28, 2015
MARKET APPROACH The design and production of a 3/8 mounting tray will now enable a full range of mounting trays to be developed locally
In aiming to identify a business growth opportunity in the local aerospace industry, the Aerospace Industry Support Initiative (AISI) at the end of last year assisted Cape Town-based machining and assembly company Daliff Precision Engineering in developing a mounting...
Aug 28, 2015
HIGH VOLUME AAT Composites uses press claves and autoclaves to manufacture sophisticated composite parts, with a moulding capacity of more than 10 000 items a month
Western Cape-based aircraft and automotive composites products manufacturer AAT Composites has invested in new machining and manufacturing technology, valued at about R20-million, to increase its competitiveness in the global aerospace industry. AAT Composites’ key...
Aug 27, 2015
Trade and Industry Minister Rob Davies
South Africa and the US are a bit closer to reaching consensus on chicken and pork imports from the US, the trade and industry ministry said on Thursday. Trade and Industry Minister Rob Davies and the US Trade Representative Ambassador Michael Froman met in...
Aug 27, 2015
The alarming scale of China's economic slowdown is pushing European exporters to accelerate a move into premium goods and services, sacrificing volumes if necessary to sustain margins. As Chinese rivals gain expertise in areas from elevators to healthcare to...
Aug 26, 2015
Aug 25, 2015
Aug 25, 2015
Aug 21, 2015
Article contains comments
Aug 20, 2015
Rather than adopting piecemeal export strategies that are not aligned with their neighbours, Southern African countries should collaborate and cooperate in the field of export promotion and supply chain to exploit existing and potential “complementaries”, Southern...
Aug 17, 2015
South Africa should start its industrialisation ambitions in the “rich” North West province, Parliament Select Committee on Trade and International Relations chairperson Eddie Makue said on Monday. This emerged during a week-long oversight visit by committee members...
Aug 14, 2015
The Coega Development Corporation (CDC) has kicked off construction on the R86-million multi-user processing and value-addition facility in Zone 3 of the Coega industrial development zone (IDZ), in Nelson Mandela Bay, with half of the building space in the first...
Aug 14, 2015
IN WORKING ORDER The cost to rehabilitate the two 500 t Chinese portal cranes for the Integrated Logistic Services’ oil service centre was more than R2-million
Global lifting solutions provider Konecranes has rehabilitated two 500 t Chinese portal cranes for the Angolan National Oil Company’s (Sonangol’s) Integrated Logistic Services’ (Sonils’) oil service centre, says Konecranes Southern Africa technical and training...
Aug 14, 2015
FITTING PARTNER E-commerce entrepreneurs require a logistics partner that understands this new dimension and can provide end-to-end services
E-commerce, the electronic trade of goods and services, is reshaping the world of logistics and “forcing logistics providers to step up”, states logistics provider Dachser South Africa (SA) MD Detlev Duve. “E-commerce is driving changes in customer needs and changes...
Aug 14, 2015
HEAVY DUTY Universal Storage Systems' new upright beams have been designed to accommodate loads of between 24 t and 30 t
Steel racking, shelving and mezzanine flooring manufacturer, supplier and installer Universal Storage Systems expects to launch its new upright beams, which will support heavier material loads, by the end of November, Universal Storage Systems sales director Jan...
Aug 14, 2015
PERFORMANCE BOOST Long distance driving requires specific talent that can achieve clear, measureable performance standards
As the single largest group of drivers and road users are the long haul drivers, an improvement in the performance of this influential group will have a significant impact on road safety, states management consultancy the Confidant Group CEO Chantal Walley, “In any...
Aug 14, 2015
The R4.8-billion, 1 000 ha Maluti-a-Phofung special economic zone (SEZ) being built near Harrismith at the foothills of the northern Drakensberg (also known as the Maluti) mountains will provide road and rail logistics and handling facilities for the Gauteng–Durban...
Aug 14, 2015
South African Airways (SAA) started its new route between Johannesburg and Washington DC via Accra, Ghana, on August 2. The inaugural flight carried Ghanaian Transportation Minister Dzifa Aku Attivor, as well as other dignitaries, on the Accra-Washington leg and was...
Aug 13, 2015
Western Cape High Court judge Owen Rogers has pointed to the potentially limited application of provisions contained within the Companies Act of 2008 relating to the conflict of interests by directors, suggesting to delegates at the Department of Trade and Industry’s...
Aug 12, 2015
Article contains comments
DTI director-general Lionel October
Department of Trade and Industry (DTI) director-general Lionel October has confirmed that various processes are at an advanced stage to offer greater protection to the domestic primary steel industry, as well as to specify the use of locally produced steel in public...
Aug 12, 2015
Trade conditions remained in negative territory in July, with the seasonally adjusted composite Trade Activity Index (TAI) measuring 47, the South African Chamber of Commerce and Industry (Sacci) said on Wednesday. Although marginally up from 46 in June, tighter...
Aug 11, 2015
Noting “with concern” complaints that the newly introduced visa regulations for those wishing to travel to South Africa had over-bureaucratised the application process and staved off the influx of tourists, President Jacob Zuma has announced the establishment of a...
Aug 07, 2015
South African firms would do well to shift their expansionary strategies northwards, targeting the growing economies of sub-Saharan Africa that were increasingly buttressed by an emerging African middle-class and expanding consumer base, Econometrix director and...
Aug 07, 2015
The European Commission has lifted the four-year ban on the export of South African fresh ostrich meat into the European Union (EU). Exports to the EU would resume in late August and would continue in parallel with the export of processed ostrich meat.
Aug 06, 2015
President Jacob Zuma
President Jacob Zuma says trade has increased by 70% between Brics member countries over the past couple of years and that South Africa stands to benefit from the Brics Development Bank. The President said this when answering questions for written reply at the...
Aug 06, 2015
Article contains comments
A cargo ship is seen crossing through the New Suez Canal
Egypt will open an expansion to the Suez Canal to great fanfare on Thursday, the centrepiece of President Abdel Fattah al-Sisi's plans to revitalise the country's economy. Some analysts and economists say, however, the mega-project may fail to meet the great...
Aug 04, 2015
Article contains comments
Trade and Industry Minister Dr Rob Davies
South Africa planned to offer five reasons as to why it should retain its status as an African Growth and Opportunity Act (Agoa) beneficiary during public hearings scheduled for Friday in Washington DC. The US House of Representatives passed a ten-year extension to...
Aug 04, 2015
Trade union Solidarity is applying for an urgent interdict at the Labour Court against the current retrenchment process at South African Airways (SAA) and SAA Technical (SAAT), as it believes the companies are not following the required procedures as stipulated in...
Aug 03, 2015
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...
Aug 03, 2015
Article contains comments
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...
Jul 30, 2015
As African economies advance their “aggressive” expansion, boosting demand for financial services products such as pensions, life insurance products and retail investment funds and drawing more consumers into the formal financial sector, traditional assets under...
Jul 30, 2015
Western Cape winery Audacia on Thursday launched its sulphite-free white wine made using Honeybush and Rooibos chips, and it is developing a low-sugar, low-alcohol wine. Western Cape Economic Opportunities Minister Alan Winde noted that the products were a boost for...
Jul 30, 2015
Retail group Edcon has appointed Bernard Brookes as CEO and a member of the board, effective September 30, to succeed departing group head Jurgen Schreiber, who would remain on the board as vice-chairperson to ensure a smooth transition. Offering an extensive 35-year...
Jul 29, 2015
Rob Davies
Following what the Department of Trade and Industry (DTI) describes as “an extensive public consultation process”, the draft Promotion and Protection of Investment Bill – which government says will seek to promote inward investment, clarify the level of protection...
Jul 27, 2015
Article contains comments
Western Cape Economic Opportunities Minister Alan Winde
The Western Cape provincial government is seeking to increase the value of Halal exports by $31-billion by 2020, through a proposed Halal agroprocessing food park that will allow the province to double its share of the “fast-growing” market. The R1-billion park, if...
Jul 24, 2015
The World Trade Organisation (WTO) this week reiterated its call for vigilance as the increasing stockpile of trade-restrictive measures introduced by its members remained a cause for concern, with the slow removal rate resulting in trade-restrictive measures being...
Jul 23, 2015
Article contains comments
ArcelorMittal South Africa CEO Paul O’Flaherty
South Africa’s largest steel producer ArcelorMittal South Africa (AMSA) gave notice on Thursday that it was weighing the partial or full closure of its Vereeniging Works, in southern Gauteng, and would make a decision of the plant’s future by the end of August. At...
Jul 23, 2015
The South African Revenue Service (Sars) has served notice to organisations that flout the law with a message that the "game is over". Sars on Wednesday debuted a new container scanner at the Cape Town port, following the launch of a similar device in Durban.
Jul 22, 2015
A record number of trade concerns on food safety and animal and plant health have been raised by members at the latest World Trade Organisation (WTO) committee on sanitary and phytosanitary (SPS) measures meeting last week. A total of eight new specific trade...
Jul 22, 2015
The South African macadamia nut industry is in chaos, as up to half the country’s macadamia harvest for 2015 destined for China will now have to find other markets. “That’s very difficult to do overnight,” said Green Farms Nut Company CEO Jill Whyte in a statement on...
Jul 22, 2015
The United Nations Conference on Trade and Development (Unctad) on Wednesday unveiled its first African regional office in Addis Ababa, Ethiopia. The opening of the regional office formed part of the agency’s strategy to bolster the delivery of technical expertise...
Jul 20, 2015
Land will continue to be a major focus area for government in terms of policy formation over the next five, possibly ten, years, political analyst and international adviser Justice Malala says. “There is a barrage of legislation that faces people in agriculture and...
Jul 20, 2015
The Johannesburg Chamber of Commerce and Industry (JCCI) has introduced an electronic certificate of origin initiative for exported manufactured or processed goods to streamline, improve efficiency and enable cost savings during the certification process. eCertify,...
Jul 17, 2015
Food safety in the modern world has become a decidedly complex affair. Global supply chains are now more the norm than the exception and no longer apply only in rich countries. “Today, global food supply chains could involve as many as 30 to 40 links in the food...
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