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Jun 29, 2015
International Relations and Cooperation Deputy Minister Luwellyn Landers on Monday set off on an official visit to five Caribbean countries, aimed at underscoring the cordial relations South Africa enjoys with the governments and people of Guyana, Jamaica, Suriname,...
Jun 26, 2015
South Africa’s Cabinet has endorsed the nomination of Leslie Maasdorp as VP of the Brazil, Russia, India, China and South Africa (Brics) New Development Bank (NDB) and has appointed former South African Reserve Bank governor Tito Mboweni as a nonexecutive director of...
Jun 26, 2015
Article contains comments
The US House of Representatives this week passed a ten-year extension to the African Growth and Opportunity Act (Agoa), which was due to expire at the end of September. The legislation was approved along with other trade-preference packages and the Trade Promotion...
Jun 26, 2015
The United Nations Conference on Trade and Development (Unctad) on Friday unveiled a platform to guide and support World Trade Organization (WTO) member States in fast-tracking the ratification and acceptance of the Agreement on Trade Facilitation. The Agreement on...
Jun 25, 2015
The volume of world merchandise trade increased modestly, by 0.7%, in the first quarter of this year, as exports and imports registered slower growth than over the previous six months, the World Trade Organisation (WTO) said on Thursday. Global exports increased by...
Jun 25, 2015
Article contains comments
Dr Rob Davies
In what it describes as a show of support for the National Development Plan’s objective of promoting investment and export growth, Cabinet has approved the introduction of the revised Promotion and Protection of Investment Bill into Parliament. “The Bill reaffirms...
Jun 25, 2015
Minister in the Presidency Jeff Radebe
Cabinet has ratified a decision by the Department of Trade and Industry (DTI) to designate the Maluti-A-Phofung (MAP) logistics hub, in Harrismith, in the Free State, an industrial development zone (IDZ), further approving the granting of operator permit for this...
Jun 24, 2015
JSE-listed Grindrod has signed an agreement to cooperate with US-based Teras Cargo Transport on US flag shipping services to Southern and Eastern Africa. Under the terms of the agreement, Grindrod would provide shipping and logistics support to Teras, which focused...
Jun 23, 2015
Jun 23, 2015
Jun 22, 2015
Jun 19, 2015
Article contains comments
 
 
 
Jun 19, 2015
Trade and Industry Minister Dr Rob Davies
In the hope of creating new food processing plants in South Africa and developing existing ones, the Department of Trade and Industry (DTI) will host an Italian business delegation this month, through which to introduce investors to local firms to encourage...
Jun 19, 2015
Article contains comments
Trade and Industry Minister Dr Rob Davies
Trade show participation and trade missions across Africa, the Americas, Asia, Europe and the Middle East are expected to generate R3.5-billion in trade in the 2015/16 financial year, the Department of Trade and Industry (DTI) said this week. South Africa’s...
Jun 19, 2015
JOB CREATION The FNB-run Vumela Enterprise Development Fund seeks to encourage the creation of jobs in the manufacturing sector
Local banking firm First National Bank’s Vumela Enterprise Development Fund will be participating in this year’s Manufacturing Indaba to identify manufacturing companies with significant growth and job creation potential, with the aim of partnering with some of them...
Jun 19, 2015
EXPORT AUDIENCE The South African Electrotechnical Export Council will facilitate the participation of emerging manufacturing exporters in a series of exhibitions this year
In support of the Department of Trade and Industry’s (DTI’s) drive to diversify and increase the base of South African exporters, the South African Electrotechnical Export Council (SAEEC) – a nonprofit public–private partnership between South African business and the...
Jun 19, 2015
SILVERBIRCH HOTEL Birchwood’s new business-focused hotel caters for business travelers
Local hotel and business conference facility provider Birchwood Hotel and OR Tambo Conference Centre has grown its market reach since it became a member of the Southern African–German Chamber of Commerce and Industry (SAGCCI), as part of its strategy to attract more...
Jun 19, 2015
The Southern Africa subsidiary of global manufacturing specialist Haver & Boecker is being assigned to increase after-sales service support, thus expanding the German group’s presence in Africa, says Haver Southern Africa GM Demelza Mulligan. She tells Engineering...
Jun 19, 2015
Attendance at this year’s three-day-long international fastener and fixing industry exhibition, the 2015 Stuttgart Fastener Fair, improved by 4% compared with the previous event, which took place in 2013. A total of 11 060 people visited this year’s event to discover...
Jun 19, 2015
GATHERING The Manufacturing Indaba will host 80 exhibitors that will showcase new manufacturing trends and the latest products and technologies
The second yearly Manufacturing Indaba is expected to attract 350 high-level government and private-sector manufacturing delegates, compared with last year’s 240 delegates, says event organiser Siyenza Management. The Manufacturing Indaba, which is taking place from...
Jun 19, 2015
YUGAN MOODLEY We want to operate in-country and become part of every African country’s culture
South Africa remains an important market and source of revenue for Germany-headquartered machine tools manufacturer Robert Bosch Power Tools, says Southern Africa regional sales director Yugan Moodley. “South Africa contributed about 60% of Bosch’s Africa-based...
Jun 19, 2015
IMPROVING EFFICIENCY The SAGCC's building, in Forest Town, Johannesburg, has been fitted with solar panels to improve energy efficiency
With South Africa seeking ways of mitigating the country’s ongoing power challenges, the Southern African–Germany Chamber of Commerce and Industry (SAGCC), in cooperation with the Germany Federal Ministry of Economics and Technology, hosted a South African delegation...
 
 
 
 
Jun 19, 2015
Zambian opposition party the United Party for National Development (UPND) aims to improve the way business is conducted in Zambia by removing bureaucracy and to find an opportunity for government and businesses to partner for mutual gain.
Jun 18, 2015
The Department of Small Business Development (DSBD) was on Thursday criticised by its parallel Portfolio Committee for failing to arrange a strategic planning session aimed at creating a “platform to develop a shared vision and direction” for the newly established...
Jun 17, 2015
The Department of Trade and Industry’s investment promotion unit overshot its investment target of R40-billion in 2014/15, achieving an investment pipeline of R43.8-billion for the year, Trade and Industry Minister Dr Rob Davies revealed in a written Parliamentary...
Jun 17, 2015
The World Trade Organisation (WTO) this week called on the Group of 20 (G20) countries to “show continued vigilance” and reinforce their determination to eliminate existing trade restrictions. This emerged after the thirteenth trade monitoring report on G20 trade...
Jun 17, 2015
The International Finance Corporation (IFC) and the Digital East Fund of Earlybird Venture Capital this week injected $6.8-million into EMBonds, the first electronic trading platform for emerging market bonds, to allow for the London-based system’s expansion across...
Jun 15, 2015
Article contains comments
The amount owed to South Africa’s municipalities had surpassed the R100-billion mark, but the collectable amount was just R20.8-billion, the National Treasury’s local government revenue and expenditure report for the third quarter of the 2014/15 financial year...
Jun 12, 2015
The 2% year-on-year contraction in April’s manufacturing output has put to bed any expectation of the metals and engineering sector improving in 2015, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) said this week. “The flicker of light...
Jun 11, 2015
A delegation of 14 US transportation, energy equipment and services and agricultural equipment companies were headed to Africa’s shores in pursuit of multisector trade discussions from June 18 to 26. Led for the first time by US Secretary of Transportation Anthony...
Jun 11, 2015
The plan by African Union (AU) member states to establish a continental free trade area by 2017 was on track, the AU commission on trade and industry said on Wednesday. ”As you know, the free trade area will not be built from scratch, the regional economic...
Jun 10, 2015
Representatives from 25 African nations signed an initial agreement on Wednesday to create a free-trade zone linking three economic blocs that would unite 57% of the continent's population. The deal would combine the Common Market for Eastern and Southern Africa...
 
 
 
 
Jun 09, 2015
An agreement between US and South African chicken producers on lifting anti-dumping duties for around 65 000 t of bone-in chicken cuts a year would only be finalised in the next four to six months, the SA Poultry Association (SAPA) said on Monday. “We have to reduce...
Jun 09, 2015
Africa’s leaders are gathering in Johannesburg and Pretoria this week to try to prevent a rash of conflicts and crises derailing the continent’s promising growth prospects. The leaders of the 54 members states of African Union (AU) will be meeting for their 25th...
Jun 08, 2015
The legal instrument governing the creation of the so-called Tripartite Free Trade Area (T-FTA) – encompassing 26 mostly Southern and East African countries – would be formally launched at the third Tripartite Summit being held in Sharm el-Sheikh, Egypt, this week....
Jun 08, 2015
Trade and Industry Minister Dr Rob Davies
Trade and Industry Minister Dr Rob Davies says South Africa’s concession to improve market access for US bone-in chicken cuts would “consolidate” the country’s participation under the reauthorised African Growth and Opportunity Act (Agoa), which was due to be...
Jun 08, 2015
The South African government would be sourcing drugs in short supply outside the country because of problems with sourcing medicine locally, the health department said on Monday. Health Minister Aaron Motsoaledi met with executives from pharmaceutical companies on...
Jun 08, 2015
South Africa will end punitive duties on US chicken and renew imports, initially 65 000 t/y, under an agreement reached by the two countries, South Africa's trade and industry minister said on Saturday. South Africa imposes "antidumping" duties of above 100% on...
Jun 04, 2015
India is readying to go into diplomatic overdrive with South Africa to get the next round of negotiations on a preferential trade agreement (PTA) going by December 2015. According to a senior government official, a series of initiatives have been lined up following...
Jun 04, 2015
Minister in the Presidency Jeff Radebe
This month, African countries will finalise a 26-nation free trade bloc aimed at opening up business on the continent by 2017, a senior South African Minister told Reuters on Wednesday. Trade barriers across the continent has curtailed its growth prospects by driving...
May 29, 2015
LIFTING EFFICIENCY The Mobicon container handler increases operational efficiency and reduces demurrage costs for trucks waiting to be loaded and unloaded
Freight management and logistics specialist Intermodal Connections, which was established a year ago, has expanded its fleet of container handling equipment to meet the growing demand in KwaZulu-Natal for swift, safe and reliable cargo handling. The company’s...
May 29, 2015
MAGNITUDINAL POTENTIAL The planned Durban Dig-Out Port will be the largest infrastructure capital project in South Africa, notwithstanding the value and timeframe of current projects
KwaZulu-Natal’s infrastructure development outlook is brighter than South Africa realises it is, considering the current level of megaproject activity in the province, states professional services and advisory firm Deloitte. Moreover, South Africa needs these...
 
 
 
 
May 28, 2015
Irish Foreign Affairs and Trade Minister Charles Flanagan told media on Thursday that Ireland was well positioned to play a greater role in Africa, particularly in the aviation, pharmaceuticals and agricultural industries. Flanagan was this week leading a high-level...
May 27, 2015
Despite its challenges, Africa remains an attractive long-term global investment destination, with its younger and fast-urbanising populations and rising levels of income presenting opportunities to a significantly liquid global financial market, Nedbank economist...
May 26, 2015
Economic bilateral relations between South Africa and Peru will receive a shot on the arm when businesspeople from the two countries gather in Lima, Peru, to launch the South Africa–Peru Chamber of Commerce (Sapcham) on Wednesday. The chamber aimed to increase trade...
May 26, 2015
Elsa Dry
Noting low volumes of bilateral trade between South Africa and Peru, South African ambassador to Peru Elsa Dry has committed to enhancing trade opportunities between the two countries, describing the South American State  as a strategic gateway to other members of...
May 25, 2015
South Africa and the US have agreed to facilitate deliberations between the South African Poultry Association (Sapa) and the US Poultry and Egg Export Council towards finalising discussions on market access for US chicken bone-in cuts into South Africa. The meeting,...
 
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