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Trade News

Davies raises concern over increasing trade protectionism

By: Creamer Media Reporter      20th October 2017 Trade and Industry Minister Dr Rob Davies on Friday raised concern over a rise in trade protectionism. Davies, attending the twentieth African, Caribbean and Pacific (ACP) Ministerial Committee meeting, in Brussels, this week, said sanitary and phytosanitary (SPS) measures and standards were... 

Digital disruption to drive financial inclusion in Africa

     20th October 2017 Digital disruption in the financial services sector is likely to gain further momentum and lead to exciting new business models that will facilitate financial inclusion in Africa, says advisory services provider Deloitte Africa financial services industry leader Roger Verster. 

Digital disruption  to drive financial  inclusion in Africa
Photo by Bloomberg
DIGITAL DISRUPTION Mobile wallet solution m-Pesa is now available in ten countries and has a customer base of about 30-million active users

BAIC implementing catch-up strategy to meet 2018 Coega deadline

By: Dylan Slater     20th October 2017 China-based vehicle manufacturer Beijing Automotive Group (BAIC), is accelerating some of its construction plans for its vehicle manufacturing plant, currently under construction at the Port Elizabeth-based Coega Industrial Development Zone, to catch up on delays incurred owing to primarily... 

BAIC implementing catch-up strategy to meet 2018 Coega deadline
PORT ELIZABETH FACTORY In the foreground of the newly completed steel superstructure are BAIC vehicles that will be available in South Africa once production reaches full capacity

Call for collaborative action to support sustainable tourism

By: Dylan Slater     20th October 2017 In recognition of Africa’s tourism and travel industry’s ability to serve as an engine of progress for socioeconomic transformation, the African Development Bank (AfDB) calls for collaborative actions from all stakeholders for the development of sustainable tourism in Africa.  

Local gas company trials diesel dual-fuel kits on long-haul trucks

By: Mia Breytenbach     20th October 2017 As fleet operators increasingly aim to enhance fuel efficiency and reduce costs, natural gas company Tetra4, a subsidiary of JSE-listed energy company Renergen, has started trialling diesel dual-fuel (DDF) kits on two European brands of trucks to establish the advantages of natural gas as a fuel... 

Local gas company trials diesel dual-fuel kits on long-haul trucks
SAVINGS PURSUIT Indicative results can play a role in the development of an alternative cost-saving methodology for fleet owners and in pursuing and encouraging fleet optimisation

Chamber helps Italian companies prosper in S Africa

By: Robyn Wilkinson     13th October 2017 Networking events and exhibitions are integral to fostering partnerships between Italian and South African companies, says Italian-South African Chamber of Trade and Industries secretary general Mariagrazia Biancospino. 

Event drives partnerships at the highest levels

By: Robyn Wilkinson     13th October 2017 This year’s South Africa-Italy Summit/Indaba will advance the work of the previous three years’ events in building a community of business and governmental leaders from South Africa and Italy that will seek to reinforce strategic business relationships and actively explore new opportunities for... 

Event drives partnerships  at the highest levels
COMMITMENT TO COLLABORATION Nico de Kock, Phindile Baleni and Paolo Borzatta signed an agreement of collaboration between Gauteng and Italy at the launch of the South Africa-Italy Summit/Indaba

Italian company ensures engineering success in KZN

By: Robyn Wilkinson     13th October 2017 As it celebrates its sixtieth year in South Africa, Italian multinational engineering solutions provider Maccaferri will complete the construction of one of the country’s largest surfaces of mechanically stabilised earth walls to date – at 10 000 m2 – at the Mount Edgecombe interchange, in... 

Italian company ensures engineering success in KZN
MAMMOTH TASK Careful project management ensured that each of the nine mechanically stabilised earth walls was constructed and delivered to site as it was needed

Open immigration regime central to S Africa’s growth

By: Robyn Wilkinson     13th October 2017 Countries seeking to promote economic growth and job creation tend to adopt policies that create flexible and open immigration regimes, contrasting with South Africa’s adoption of restrictive immigration laws, which when coupled with bureaucratic inefficiency creates a barrier to the entry of... 

Open immigration regime central to S Africa’s growth
GARY EISENBERG South Africa’s foreign policy should never lose sight of the historical benefits that have streamed into South Africa from Italy

Construction management council establishes transformation committee

By: Dylan Slater     13th October 2017 The South African Council for the Project and Construction Management Professions (SACPCMP) has set up a committee to further its transformation goals and a hotline to encourage the public to report any misconduct pertaining to the council’s scope of influence following reports of malpractice,... 

Construction management council establishes  transformation committee
Tjiamogale Manchidi Demographic representativeness in the project and construction management professions is crucial

WWF, AfDB partner on Africa Nationally Determined Contributions Hub

By: Mia Breytenbach     13th October 2017 Conservation organisation the World Wide Fund for Nature (WWF) and the African Development Bank (AfDB) have collaborated to advance the work of the Africa Nationally Determined Contributions (NDCs) Hub in addressing the impacts of climate change on the continent. The AfDB Climate Change and Green... 

WWF, AfDB partner on Africa Nationally  Determined Contributions Hub
Photo by Bloomberg
FOCUS AREA The Africa Nationally Determined Contributions Hub focuses on fostering of long-term climate action

Construction starts on new R500m office tower development

By: Mia Breytenbach     13th October 2017 Local property developer Abland and joint venture partners Ellerine Brothers have started development of the 35 Lower Long office tower in Cape Town, in the Western Cape. The four-star green building will be situated on Lower Long Street, in the City Bowl. The 24-storey office tower will replace... 

Construction starts on new R500m office tower development
ENVISAGED DESIGN The building will have a modern look, characterised by dynamic glazed façades of floor–to-ceiling heights

Recycling sustainability requires ongoing investment

By: Dylan Slater     13th October 2017 For recycling in South Africa to be sustainable in the long-term long-term investment in the country’s recycling capacity is required, says Mpact Recycling MD John Hunt.  

Dialogue drives development

By: Robyn Wilkinson     13th October 2017 With the second-largest manufacturing economy in Europe and unique expertise in many sectors, Italy is ideally positioned to help South Africa step up in the global value chain – but foreign companies need to be guided by local role-players to understand the needs and expectations of the country,... 

China says EU, US trade moves lack awareness of WTO rules

By: Reuters     12th October 2017 China's commerce ministry said on Thursday that the European Union's new trade rules against Chinese imports lacked awareness of World Trade Organization (WTO) rules, urging the EU to abide by those requirements. Ministry of Commerce spokesperson Gao Feng made the remarks at a regular briefing in... 

One year into new trade deal, European commissioner urges South African firms to take fuller advantage

By: Terence Creamer     11th October 2017 European Commissioner for Trade Cecilia Malmström will use her upcoming visit to South African to urge business to take fuller advantage of the recently concluded trade agreement between the European Union (EU) and six Southern African countries. The deal came into force just over a year ago on... 

One year into new trade deal, European commissioner urges South African firms to take fuller advantage
European Commissioner for Trade Cecilia Malmström

DTI calls for resolution on outstanding Doha issues

By: Schalk Burger     10th October 2017 Trade and Industry Minister Dr Rob Davies on Tuesday called for outcomes to be developed for the outstanding issues of the Doha Development Agenda (DDA). Davies was in Morocco attending the World Trade Organisation (WTO) Informal Ministerial Gathering, which was attended by Ministers from the 164... 

Brazil revives African ties, eyes expanding market

By: Reuters     10th October 2017 Agricultural powerhouse Brazil aims to revive ties with Africa after a lull and sees a vast export market for food and manufactured goods in a continent whose population is surging, its foreign minister said. Brazil's presence in Africa surged during the government of former President Luiz Inacio... 

Supply chain management key to industry success

By: Robyn Wilkinson     6th October 2017 The effective management of financial and physical supply chains is a key differentiator for South African automotive companies wanting to survive in an uncertain market, with access to technologies that can assist in streamlining these functions critical to success, says import and working... 

Supply chain management key to industry success
GREG CLINE Automotive aftermarket imports are growing owing to the depressed state of the economy shifting buying behaviour

UK unveils post-Brexit bilateral commitment to South Africa

By: Keith Campbell     6th October 2017 British International Trade Secretary (equivalent to Minister in South Africa) Dr Liam Fox announced on his recent visit to South Africa that his country’s export credit agency, UK Export Finance, has increased the funds available to South African enterprises buying British goods and to British... 

Closed steel mill discovering new life as an industrial park

By: Mia Breytenbach     6th October 2017 Following the implementation of the business strategy to convert Evraz Highveld Steel and Vanadium complex, in Mpumalanga, into an industrial park, the park is capitalising on its strategic location, says Highveld Industrial Park CFO Andrew Maralack. Highveld Industrial Park is situated close to... 

Closed steel mill discovering new life as an industrial park
CAPITAL LOCATION in less than a year of being operational, Highveld Industrial Park has set up a sustainable business

South Africa continues on path of deindustrialisation

By: Natasha Odendaal     5th October 2017 With some exceptions, South Africa’s industrial policy is not working, leaving the nation to continue down its current path of deindustrialisation, says Department of Trade and Industry (DTI) industrial development deputy director-general Garth Strachan. Addressing delegates at the sixth... 

South Africa continues on path of deindustrialisation
Department of Trade and Industry industrial development deputy director-general Garth Strachan

Fourth Industrial Revolution prioritises innovation – Davies

By: Keith Campbell     5th October 2017 Trade and Industry Minister Dr Rob Davies has highlighted the challenges being posed to the South African economy, and especially industry, by what is called the Fourth Industrial Revolution, or Industry 4.0. He was delivering the keynote address at the sixth Council for Scientific and Industrial... 

Fourth Industrial Revolution prioritises innovation – Davies
Photo by Duane Daws
Trade and Industry Minister Dr Rob Davies

Good corporate governance integral to mitigating risk – Manuel 

By: Ilan Solomons     3rd October 2017 The current lack of good corporate governance is negatively impacting on many of South Africa’s State-owned enterprises, according to former Finance Minister Trevor Manuel, who believes that working corporate governance could successfully mitigate risk. Delivering the keynote address at the... 

Good corporate governance integral to mitigating risk – Manuel
Photo by Duane Daws
Former Finance Minister Trevor Manuel

New-vehicle sales up 6.3% y/y in September

By: Reuters     2nd October 2017 South Africa's new vehicle sales rose 6.3% year-on-year to 50 322 units in September, data from the trade and industry department showed on Monday. Exports were up 10.3% to 36 134 units compared with the same month a year earlier, the department said. 

Trade surplus eases to R6bn in August

By: Reuters     29th September 2017 South Africa's trade surplus retreated to R5.94-billion ($440-million) in August from a revised R9.33-billion surplus in July, data from the revenue agency showed on Friday. Exports rose 11% to R103.4-billion on a month-on-month basis in August, while imports were up 16.3% to R97.4-billion, the... 

Continued development and investment for KZN SEZ

     29th September 2017 To date, the Dube TradePort has attracted R1.5-billion in private sector investment through various developments within the special economic zone (SEZ), with a further R4.2-billion investment in the pipeline for developments within the second phase of the Dube TradeZone, within the Dube... 

Continued development and investment for KZN SEZ
KEEP IT COOL The iDube Cold Storage facility caters for meat importers servicing local retailers and for exports of dairy, concentrate and citrus to international markets

Small businesses remain optimistic, despite volatility and uncertainties

By: Mia Breytenbach     29th September 2017 Despite economic volatility, South African small business owners remain optimistic and are actively pursuing growth, according to research from cloud based accounting software company Xero.   The research report, titled ‘State of South African Small Businesses’ surveys the challenges facing the... 

Small businesses remain optimistic,  despite volatility and uncertainties
Photo by Bloomberg
HELPING HAND Some small business owners want the government to provide more funding and some believe government should grant tax breaks for their business

BMG invests R400m in Joburg distribution centre 

By: Mia Breytenbach     29th September 2017 Technical solutions provider BMG, which is part of Invicta Holdings, has officially launched its BMG World site, in Johannesburg, which is the culmination of a consolidation and supply chain re-engineering strategy that began nearly ten years ago. “The company’s R400-million investment to upgrade... 

BMG invests R400m in Joburg  distribution centre
BMG MD Gavin Pelser discusses the upgraded BMG World site facility in Johannesburg. Camerawork and Editing: Nicholas Boyd.

Growthpoint launches South Africa’s first dual-certified property portfolio

By: Mia Breytenbach     28th September 2017 JSE-listed real estate investment trust (Reit) Growthpoint Properties has launched the first and only property portfolio in South Africa to be highly rated by the South African Property Owners Association (Sapoa) and the Green Building Council South Africa (GBCSA). This premier portfolio, named... 

Growthpoint launches South Africa’s first dual-certified property portfolio
Growthpoint Properties office division director Rudolf Pienaar

Industries should prepare for increased use of HFO gases

By: Nadine James     22nd September 2017 As a result of the Kigali Agreement, countries will gradually start phasing out the use of hydrofluorocarbon (HFC) gases, replacing them with hydrofluoro-olefin (HFO) gases and natural refrigerants like ammonia, carbon dioxide and hydrocarbons, says industrial gases supplier A-Gas South Africa.... 

Industries should prepare for  increased use of HFO gases
MULTiFACETED OPERATION A-Gas offers a range of products to assist across a broad range of sectors, including shipping, refrigeration, air conditioning, automotive and mining

Manufacturer looks to strengthen position in HVAC sector

By: Nadine James     22nd September 2017 Automation manufacturer SEW Eurodrive is looking to strengthen its foothold within the heating, ventilation and air conditioning (HVAC) sector, having entered into the market last year. SEW national sales manager Norman Maleka comments that at present, the company is building up its experience... 

Manufacturer looks  to strengthen position  in HVAC sector
ENHANCED CLIMATE CONTROL The improved functionality of the LTP-B Eco HVAC drive enures that managers can run a fan when needed, representing a major advantage in terms of energy-saving

New chillers, heat pumps launch next month

By: Nadine James     22nd September 2017 Multinational heating, ventilation and air-conditioning (HVAC) equipment producer Johnson Controls is launching its Amichi series of chillers and heat pumps for the South African market on October 1. Johnson Controls building efficiency Africa GM Neil Cameron explains that the series has... 

New chillers, heat pumps launch next month
NEIL CAMERON The main driver of the mid-capacity sector is the type of construction currently favoured by South African developers

Product presentation showcases VRF technology

By: Nadine James     22nd September 2017 Last month, heating, ventilation and air conditioning (HVAC) product distributor AHI Carrier South Africa – the official distributor for Japanese air-conditioning manufacturer Toshiba – hosted a product presentation and training event for the Toshiba SHRM-e variable refrigerant flow (VRF) system.... 

Product presentation  showcases VRF technology
NEW & IMPROVED The SHRM-e series variable refrigerant flow system has various new features and improves on the shortcomings of previous systems

New export cluster aims to improve intra-African trade

By: David Oliveira     22nd September 2017 South African manufacturing received a boost following the launch of the Engineering and Technology Grouping of Export Councils (ETGEC) at Infrastructure Africa, which took place last month at the Sandton Convention Centre, in Johannesburg. The ETGEC comprises the South African Electrotechnical... 

Big room for improvement in payment of suppliers by government

By: Mia Breytenbach     22nd September 2017 While Minister in the Presidency for Planning, Performance, Monitoring, Evaluation and Administration Jeff Radebe’s commented last month that the time taken by government to pay suppliers is improving, small business representative organisation AHI has identified areas where there is room for... 

Big room for improvement in payment of suppliers by government
Photo by Bloomberg
ROOM FOR IMPROVEMENT There still remain outstanding and unpaid invoices of up to R5.3-billion

Rocla marks 100 years in SA precast concrete market

By: Dylan Slater     22nd September 2017 Precast concrete products manufacturer Rocla is celebrating 100 years in existence in South Africa this month, attributing its success to customer satisfaction, competitive pricing, good-quality products and timeous delivery.  

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