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Trade News

Francophone Africa seen as untapped market for South African firms

By: Mia Breytenbach     26th August 2016 Despite significant opportunities across a range of sectors, the Francophone African markets remain relatively untapped from South Africa, speakers stated at the ‘Doing Business in Francophone Africa’ business forum. Speaking at the forum in Johannesburg at the end of June, Africa House strategy... 

Gas company able to remotely monitor customer sites

     26th August 2016 South African automation specialist Abacus Automation was in July approached by a natural gas supplier, which requested that Abacus provide a solution that would allow the supplier to conduct remote monitoring of its customers’ sites. Prior to the implementation of this solution, the customer... 

Gas company able to remotely monitor customer sites
Photo by Shutterstock
DELIVER US FROM OUTDATED TECH A natural gas supplier approached Abacus to design a system that would facilitate gas delivery

Greater awareness of SA gas installation regulations needed

     26th August 2016 Similar to an electrical equivalent, gas installations need to be regulated in order to ensure optimum safety practices are adhered to. As gas usage increases in South African homes and businesses, awareness needs to be drawn to the safe practice of working with, installing and storing gas. As an... 

Greater awareness of  SA gas installation  regulations needed
SAFETY FIRST Anyone that works with gas installations needs to be a registered gas practitioner with the South African Qualification and Certification Committee for Gas

Image processing system upgraded

By: Nadine James     26th August 2016 Multinational electronics company Omron earlier this year launched the upgraded Vision FH high-speed camera controller with enhanced optical character recognition (OCR) to allow for high-speed production line inspection without compromising on quality. Omron South Africa Vision field application... 

Image processing  system upgraded
ALL SEEING EYE The Vision FH high-speed camera can capture highly sensitive, high-resolution images

New features available for battery-powered water meter

     26th August 2016 German process instrumentation manufacturer Krohne in June introduced several new features and options for its Waterflux 3070 water metre. The new features are meant to reduce time consuming and inconvenient visits to water metres, which are often installed in remote locations. The new features... 

New features available for battery-powered water meter
WATERFLUX 3070 The added features include integrated diagnostics, longer battery life, and remote communication options

Software maximises mineral recovery

By: Nadine James     26th August 2016 Process management specialists BluESP’s advanced process control (APC) solution uses software that incorporates multivariable model predictive control to manage and stabilise complex interactions in industrial processes and maximise mineral recovery processes at mining companies, says BluESP... 

Software maximises mineral recovery
VIRTUAL CHANGING REALITY Advanced process control software essentially creates a virtual plant where engineers can predict and manipulate outcomes by changing plant variables

South African students receive technical training in Berlin

By: Dylan Slater     26th August 2016 As part of its domestic commitment to address South Africa’s shortage of engineers, global engineering firm Siemens is placing three top-performing South African grade 12 students in the Siemens Apprenticeship Scheme, thereby granting them a place to undergo further training in Germany.  

Southern African piped gas industry booming

     26th August 2016 With the availability of natural gas in countries such as Mozambique and Namibia, coupled with the discovery of gas reserves offshore Mozambique and South Africa, the piped gas industry in Southern Africa is undergoing rapid expansion, says the Southern African Gas Association (Saga). In November... 

Specialists look to expand freightrelated services

By: Nadine James     26th August 2016 Automation specialist Abacus Automation intends to further business relations with State-owned freight utility Transnet Port Terminals (TPT), and increase its market share in port and harbour services through the implementation and optimisation of its crane automation offering. The company –... 

Specialists look to expand freightrelated services
SMOOTH PORT OPERATION Abacus supplied the automation solution for two 40 t Terex rail mounted gantry cranes that were supplied to Pier 2 of the Durban port

Singapore consultancy acquires SMEC in $400m deal as it seeks to have a global presence

By: Dylan Slater     19th August 2016 Singapore-based urban development consultancy Surbana Jurong acquired 100% of Australia-based major infrastructure consultancy firm SMEC on August 1, in an acquisition valued at about S$400-million.  

Singapore consultancy acquires SMEC in $400m deal  as it seeks to have a global presence
ACQUISITION MANAGEMENT SMEC CEO and MD Andy Goodwin and Surbana Jurong CEO Wong Heang Fine concluded the merger

South Africa clamps down on noncompliant goods 

By: News24Wire      16th August 2016 In the 2014-15 financial year, more than R548-million worth of poor quality, unsafe goods were removed from the South African market, said Asogan Moodley, CEO of the National Regulator for Compulsory Specifications (NRCS), on Tuesday. “These products were stopped at the ports of entry in Durban,... 

South African becomes deputy head of key international nuclear group

By: Keith Campbell     5th August 2016 For the first time, a South African has been elected to be vice-chair of the Organisation for Economic Cooperation and Development (OECD) Nuclear Energy Agency (NEA) High-Level Group on the Security of Supply of Medical Radioisotopes (HLG-MR). This is despite the fact that South Africa is not a... 

South African becomes deputy head of key international nuclear group
Photo by NTP Group
Tina Eboka (left) and Rilla Hamilton (right)

South Africa wants answers on Zim trade restrictions by end August

By: Terence Creamer     4th August 2016 South Africa has given Zimbabwe until the end of August to respond to its long-standing enquiry regarding the imposition of surcharges on various South African imports, as well as more recent, and more hostile, trade restrictions imposed under Statutory Instrument 64 (SI 64), which has disrupted... 

South Africa wants answers on Zim trade restrictions by end August
Photo by Duane Daws
Trade and Industry Minister Dr Rob Davies

WTO confirms South Africa’s cold-rolled steel safeguards probe 

By: Terence Creamer     4th August 2016 The World Trade Organisation (WTO) has confirmed that South Africa has notified its committee on safeguards about the initiation of a safeguard investigation on certain cold-rolled steel products. In the notification, dated July 29, the International Trade Administration Commission of South... 

WTO confirms South Africa’s cold-rolled steel safeguards probe

Davies to meet with Zim counterpart to quell trade restrictions

By: Megan van Wyngaardt     2nd August 2016 Trade and Industry Minister Dr Rob Davies will on Thursday meet with Zimbabwe Minister of Industry and Commerce Mike Bimha to find an amicable resolution to the measures implemented by Zimbabwe on products of export interest to South Africa. The neighbouring country in June banned the importation... 

Trade surplus shrinks to R12.53bn in June 

By: Reuters     29th July 2016 South Africa recorded a trade surplus of R12.53-billion ($886-million) in June, from a revised record surplus of R18.37-billion rand in May, data from the national revenue agency showed on Friday. Exports inched up 0.7% to R105.2-billion on a month-on-month basis, while imports were up 7.6% to... 

Belgium trade and investment agency signs Mou with DTI unit

By: David Oliveira     29th July 2016 Belgium-based Wallonia Export-Investment Agency (Awex) signed a memorandum of understanding (MoU) with the Department of Trade and Industry’s (DTI’s) investment promotion agency InvestSA initiative last month. InvestSA provides a number of services for investors, including facilitation of the... 

Belgium trade and investment agency  signs Mou with DTI unit
THE TRILOGIPORT The trimodal logistics facility, which has cargo transport access by water, rail and road, was officially inaugurated in November last year

Wastewater treatment necessary to grow the economy

By: Nadine James     29th July 2016 Consistent and sustainable water supply is necessary to ensure socioeconomic growth; therefore, wastewater treatment, as a comparatively cost-effective solution that reduces strain on available water supply, is vital to economic growth in water-stressed countries, says waste management company... 

Wastewater treatment necessary to grow  the economy
UNDERCOVER OPERATION The underground biological wastewater treatment plant should remain operational for up to 25 years

WTO’s new outlook indicator predicts ‘sluggish’ Q3 trade growth

By: Mia Breytenbach     29th July 2016 The World Trade Organisation (WTO) has launched a new World Trade Outlook Indicator (WTOI), which is designed to provide real-time information on global trade trends. The WTOI was unveiled in Shanghai, China, this month, ahead of the Group of 20 (G20) Trade Ministers meeting.   

WTO’s new outlook indicator predicts ‘sluggish’ Q3 trade growth
Photo by Reuters
TRADE INDICATOR The World Trade Outlook Indicator suggests that world merchandise trade may rebound in the second quarter

Seshego Industrial Park receives R21m boost from DTI

By: Ilan Solomons     28th July 2016 The Department of Trade and Industry (DTI) has launched the R21-million first phase of the Seshego Industrial Park revitalisation project, in Polokwane, which is aimed at promoting industrialisation, job creation and economic growth. Trade and Industry Minsiter Dr Rob Davies, Limpopo Premier Stan... 

Seshego Industrial Park receives R21m boost from DTI
Photo by Ilan Solomons
Trade and Industry Minister Dr Rob Davies

Davies to launch Phase 1 of revitalised Polokwane industrial park

By: Megan van Wyngaardt     22nd July 2016 Trade and Industry Minister Dr Rob Davies will next week launch the revitalised first phase of the Seshego Industrial Park, in Polokwane, which is aimed at promoting industrialisation, job creation and economic growth. The revitalisation is being implemented in phases focusing on various areas,... 

Carbon dioxide to be used in foam, plastic vehicle components

     22nd July 2016 Last month, multinational automotive manufacturer Ford Motor Company announced that it is the first automaker to formulate and test new foam and plastic components that use carbon dioxide (CO2) as feedstock. Researchers expect to see the new biomaterials in Ford production vehicles within five... 

Carbon dioxide to be used in foam, plastic vehicle components
USEFUL WASTE The anticipated use for the captured waste product carbon dioxide includes seating and underhood applications.

Crash test dummy range now includes child models

     22nd July 2016 Japanese automotive manufacturer Toyota last month expanded its range of virtual crash-test dummies by adding three new new models to replicate the physical characteristics of children aged three, six and ten. The simulation software, known as Total Human Model for Safety (Thums), maps and mimics... 

Manufacturers to profit from ‘connected life’ concept

By: Nadine James     22nd July 2016 Technological developments relating to high-speed connectivity, smart sensors and cloud-based computing, present vehicle manufacturers with an opportunity to develop services based around connected cars and devices. This has provided new impetus to the “Connected Life” concept, says computer... 

Manufacturers  to profit from  ‘connected life’ concept
Photo by Bloomberg
INTERACTIVE DRIVING The BMW Group showcased the BMW ConnectedDrive features at 2011 Paris Motor Show

Manufacturers to exploit emerging automotive markets

By: Nadine James     22nd July 2016 Original-equipment manufacturers (OEMs) are aiming to expand their client bases and establish automotive manufacturing facilities in emerging market economies, owing to the current saturation in European and US automotive markets, says auditing and consulting firm KPMG. KPMG industrial and... 

Manufacturers to exploit emerging  automotive markets
Photo by Duane Daws
MISFIT TOYS? Recent trends suggest that demand for vehicles is depressed, even if the desire tow own a vehicle has not finished

South Africa waking up to entrepreneurship, but coordinated strategy still lacking

By: Mia Breytenbach     22nd July 2016 Amid fiscal constraints political uncertainties and extremely weak economic growth, South Africa is finally placing increasing emphasis on enterprise development and cultivating an entrepreneurship culture. Epitomising this shift in emphasis, Small Business Development Minister Lindiwe Zulu has... 

South Africa waking up to entrepreneurship, but coordinated strategy still lacking

Ethos to list on JSE main board, aims to raise up to R2bn

By: Mia Breytenbach     18th July 2016 Ethos Capital intends to list its issued A ordinary share capital on the main board of the JSE. The listing would be subject to market conditions and the requisite approvals by the JSE. Rand Merchant Bank, a division of First Rand Bank, is acting as the financial adviser, sole global coordinator,... 

Ethos to list on JSE main board, aims to raise up to R2bn

African passport 'launched' at AU summit 

By: News24Wire      18th July 2016 Outgoing African Union Commission chairperson Nkosazana Dlamini-Zuma has managed to tick at least two big items off the to-do list she had in her term at the helm of the continental body. In her last opening speech at the AU’s heads of state on Sunday, she said the one item the AU managed to tick... 

African passport 'launched' at AU summit
Outgoing AU Commission chairperson Nkosazana Dlamini Zuma

Davies says Brexit risk for South Africa does not lie in trade arena 

By: Terence Creamer     15th July 2016 South Africa’s Trade and Industry Minister Dr Rob Davies has formally written a letter to the British High Commissioner seeking a meeting regarding the implications of the recent Brexit vote on South Africa’s trade and economic relations with the UK. However, he says he does not anticipate any... 

Davies says Brexit risk for South Africa does not lie in trade arena
Photo by Duane Daws
Trade and Industry Minister Dr Rob Davies

DTI sets up Africa-focused trade unit in bid to grow exports beyond R300bn

By: Terence Creamer     15th July 2016 The South African government believes the launch of a new one-stop-shop to facilitate higher levels of trade and investment in the rest of Africa will help consolidate the continent as the country’s most important market for value-added goods and create the platform for an expansion in exports... 

DTI sets up Africa-focused trade unit in bid to grow exports beyond R300bn

Trade conditions improved in June – Sacci

By: Creamer Media Reporter      13th July 2016 The seasonally adjusted South African Chamber of Commerce and Industry (Sacci) Trade Activity Index moved into positive territory, at 51, in June, compared with 50 in May. This was also five points higher than the 46 measured in June 2015. 

Trade conditions improved in June – Sacci

France, South Africa join hands on development

By: Natasha Odendaal     11th July 2016 There is further room to increase bilateral trade and investment and expand cooperation between South Africa and France, particularly in energy and infrastructure, President Jacob Zuma said on Monday. Zuma, currently on his second State visit to France to meet with French counterpart President... 

France, South Africa join hands on development
Photo by Reuters
South Africa President Jacob Zuma and France President Francois Hollande

Davies to launch initiative to support trade in Africa

By: Anine Kilian     11th July 2016 Trade and Industry Minister Dr Rob Davies will on Friday launch Trade Africa, formerly known as the Africa Export Council, a unit established within the Department of Trade and Industry to promote South Africa’s trade relations with the African continent. The initiative will be launched together... 

Concerned DTI engaging with Zim on trade restrictions

By: News24Wire      11th July 2016 The adverse impact on South African exporters due to trade restrictive measures introduced by the government of Zimbabwe cannot be underestimated, the SA Department of Trade and Industry (DTI) said on Sunday afternoon. The DTI said it continues to be responsive to affected exporters and to make... 

South Africa, India boast ‘enormous’ bilateral trade, investment potential – Zuma

By: Anine Kilian     8th July 2016 President Jacob Zuma and Indian Prime Minister Narendra Modi on Friday signed eight memoranda of understanding (MoUs). Some of the focus areas included the establishment of grassroots innovation in the area of science and technology, an MoU on tourism and a programme of cultural cooperation. 

South Africa, India boast ‘enormous’ bilateral trade, investment potential – Zuma
Photo by Duane Daws
President Jacob Zuma and Indian PM Narendra Modi

SA, India to deepen trade ties

By: African News Agency      8th July 2016 Indian Prime Minister Narendra Modi’s current visit to South Africa has presented the opportunity for the two countries to enhance trade and investment relations, President Jacob Zuma said on Friday. "We are looking to increase and diversify South African exports to India. We have identified new... 

SA, India to deepen trade ties

Improved walkability boosts local retail spend, report shows

By: Mia Breytenbach     8th July 2016 Improved walkability has been shown to increase local retail spend, enhance the value of local services and create more jobs, states engineering consulting firm Arup in its newly launched ‘Cities Alive: Towards a walking world’ report. With more than 70% of the world’s population set to live in... 

Improved walkability boosts local retail spend, report shows
Photo by Bloomberg
SETTING THE MILES Africans walk as much as four times further and longer than their global counterparts, according to the Walk Urban Report released by the World Bank
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