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Trade News

WTO trade facilitation agreement comes into force

By: Megan van Wyngaardt     24th February 2017 Having received four more ratifications for the Trade Facilitation Agreement (TFA), the World Trade Organisation (WTO) has now obtained the two-thirds of acceptances needed from its 164 members to bring the TFA into force, which could boost global trade by up to $1-trillion each year, with the... 

Electrical product supplier launches range of switches and sockets

By: Nadine James     24th February 2017 Electrical product supplier Legrand South Africa (SA) – a subsidiary of multinational industrial product supplier Legrand – launched the Ysalis switches and sockets range in South Africa earlier this month. This forms part of the company’s strategy to introduce chic wiring devices to local... 

Electrical product supplier launches range of switches and sockets
VERSATILE PRODUCT The modular design allows for any configuration to be adapted to suit present and future need

Company launches LED luminaire for industrial applications

By: Nadine James     24th February 2017 Luminaire manufacturer BEKA Schréder launched a high-performance light-emitting diode (LED) luminaire, the LEDbay-midi, late last year for industrial applications. The main objective was to enhance their low- and high-bay luminaire range. This luminaire has been very well received by warehouse... 

Company launches LED luminaire for industrial applications
A LEADING LIGHT The energy-saving luminaire has specialised light distribution options

Driverless transport startup receives backing from rail equipment giant

By: Dylan Slater     24th February 2017 Railway systems and equipment company Alstom is investing €14-million in driverless transport startup company EasyMile, which is developing the EZ10 electric driverless shuttle.  

Driverless transport startup receives backing from rail equipment giant
EZ10 The EasyMile EZ10 is a driverless shared passenger vehicle for “last mile” journeys

East London IDZ attracts multibillion-rand investment

By: Dylan Slater     24th February 2017 Since it was established in 2002, the East London Industrial Development Zone (Elidz) has attracted more than R7.3-billion in private-sector investment from 45 investors.  

East London IDZ attracts multibillion-rand investment
SPURRING DEVELOPMENT The East London Industrial Development Zone has attracted more than R7.3-billion, since inception

Japanese-South African seminar seeks to boost business ties

By: Dylan Slater     24th February 2017 The fourth Japan Seminar was held at the Sandton Convention Centre last month.  

Refurbished fashion outlet receives new LED lighting

By: Nadine James     24th February 2017 Electrical solutions provider Magnet supplied a range of light-emitting diode (LED) light fittings to the newly refurbished Q’Dos fashion outlet at the Gateway Theatre of Shopping in Umhlanga, KwaZulu-Natal, last year. Magnet lighting solutions engineer Kaylen Reddy explains that the design... 

Refurbished fashion outlet receives new LED lighting
BRIGHT IDEA The use of LED lighting in a retail environment ensures that customers can accurately perceive the colour of the product being displayed

Frankfurt Airport aims to increase its business with South Africa

By: Keith Campbell     23rd February 2017 Germany’s number one international airport, Frankfurt, is seeking to increase its two-way air cargo trade with South Africa. This was highlighted at a media briefing at the 2017 Air Cargo Africa conference in Kempton Park, east of Johannesburg, by Fraport AG chief operating officer Anke Giesen.... 

Frankfurt Airport aims to increase its business with South Africa
Photo by Fraport
Anke Giesen

Chamber looks to strengthen partnerships in local green economy

By: Nadine James     17th February 2017 The Italian–South African Chamber of Trade and Industries’ chief aim at the 2017 Africa Energy Indaba is to raise awareness among Italian corporations regarding investment opportunities in South Africa’s green economy. Chamber secretary-general Mariagrazia Biancospino says the chamber mediated a... 

Chamber looks to strengthen partnerships in local green economy
LONG STANDING RELATIONSHIP Members of the Italian–South African Chamber of Trade and Industries have been involved in the South African energy sector since 2013

Conference hopes to catalyse African energy revolution

By: Nadine James     17th February 2017 The 2017 Africa Energy Indaba will enable African energy sector stakeholders to evaluate opportunities and the means to pursue them that could unlock the continent’s energy potential and spark something of an energy revolution, says Indaba organising company Siyenza. “The African continent has... 

Conference hopes to catalyse African energy revolution
BOOSTING ENERGY The Africa Energy Indaba brings together politicians and energy luminaries to envision and catalyse decisions that will enhance access to energy

Exponential increase in the number of power generation projects

By: Nadine James     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... 

Exponential increase in the number of power generation projects
TSIDISO DISENYANA Foreign investment is targeted at establishing Africa’s green economy, therefore renewables will become a driver of socioeconomic growth

Global energy council ponders gas-related realities

     17th February 2017 In recent years, the gas market has undergone several changes - the discovery of new deposits, the evolution of gas transport techniques and the new gas pipelines are all elements that deeply modify this market, notes international energy organisation World Energy Council (WEC). The council notes... 

Global energy council  ponders gas-related realities
SOUND INVESTMENT Among the fossil fuels, natural gas is the one fossil source which will continue to grow

Programme to accelerate investment implemented

     17th February 2017 The African Union’s (AU’s) planning body, the New Partnership for Africa's Development (Nepad), is undertaking an exercise that will accelerate the development and implementation of Africa’s high priority renewable energy projects and will be organising a showcase at the Africa Energy Indaba for... 

Programme to accelerate investment implemented
Photo by Duane Daws
MOMENT IN THE SUN Governments will be showcasing high priority renewable energy projects to attract private sector participation and investment

Renewables division experiences record-breaking 2016

     17th February 2017 Italian energy company Enel Green Power’s (EGP’s) global renewable energies division made 2016 a record-breaking year after building an all-time-high 2 018 MW of new capacity within a calendar year. This is a major achievement for EGP as it more than doubled what it achieved in 2015, when... 

Renewables division experiences  record-breaking 2016
NOJOLI WIND FARM Enel Green Power's global renewable energies division completed more than 470 MW of solar and wind projects locally, including the 88 MW Nojoli wind farm

Third Women in Energy conference cohosted at Energy Indaba

     17th February 2017 The yearly Women in Energy conference, organised by the Africa Energy Indaba, will bring together Africa’s leading women in the energy sector for its third iteration on Monday, February 20 at the Sandton Convention Centre in Johannesburg. The Africa Energy Indaba was the first energy conference... 

Third Women in Energy conference cohosted at Energy Indaba
DOING IT FOR THEMSELVES The Women in Energy conference is designed to aid the increase in leadership and development of women involved in the African energy sectors

South Africa to be ‘resolute’ in using tariffs to protect domestic industry 

By: Terence Creamer     15th February 2017 South Africa will be “resolute” in using tariffs to defend domestic industry and support industrial development, particularly in light of moves towards greater protectionism in other countries, Trade and Industry Minister Dr Rob Davies said in his contribution to the State of the Nation debate on... 

South Africa to be ‘resolute’ in using tariffs to protect domestic industry
Photo by Duane Daws
Trade and Industry Minister Dr Rob Davies

Sacci’s trade survey indicates improvement, but conditions remain weak

By: Natasha Odendaal     14th February 2017 South Africa’s trade conditions remain fragile as the South African Chamber of Commerce and Industry’s (Sacci’s) latest Trade Conditions Survey shows the seasonally adjusted Trade Activity Index (TAI) contracting from 53 in December to 46 in January. However, year-on-year, the seasonally adjusted... 

South Africa to strengthen bilateral trade in shipbuilding with France

By: African News Agency      14th February 2017 South Africa has agreed to advance trade and economic relations with France in the shipbuilding industry. This comes after Trade and Industry Minister Dr Rob Davies had a courtesy meeting with the new French Ambassador to South Africa Christophe Farnaud, in Cape Town, on Monday. 

Call made for intervention to sustain Gauteng’s key industrial heartland

By: Dylan Slater     10th February 2017 Travelling about 60 km south of Johannesburg through Vereeniging and Vanderbijlpark, a general state of decay is visible in the once thriving industrial heartland known as the Vaal Triangle.  

Call made for intervention to sustain Gauteng’s key industrial heartland

Beijing warns US over high taxes on Chinese steel products

By: Reuters     6th February 2017 China is disappointed at continued high US tax rates on Chinese steel products and will take necessary steps to protect the rights of its enterprises, a Ministry of Commerce official said on Saturday. The United States moved closer to slapping duties on imports of stainless steel sheet and strip... 

Indaba to build on momentum in the African mining sector

     3rd February 2017 Following the increasingly brighter global outlook for the mining industry and optimism from the investment community, the Investing in African Mining Indaba (IAMI) 2017 will lead with the theme: ‘Leveraging the next wave of growth: How can you invest in African mining to make long term... 

South Africa seeks agriculture boost in post-Brexit trade deal

By: Bloomberg     3rd February 2017 South Africa sees opportunities to sell more of its agricultural produce to the UK under a post-Brexit trade agreement, says Trade and Industry Minister Rob Davies. 

Sudan says it wants to agree WTO membership this year

By: Reuters     2nd February 2017 Sudan wants to finalise its membership of the World Trade Organization this year, its international cooperation minister said on Wednesday as he reopened talks on joining the world body after a 13-year hiatus. "Today, I am really hopeful that we, the Sudanese delegation would be able to convince... 

DTI steps in with task team amid poultry industry crisis

By: Natasha Odendaal     2nd February 2017 The Department of Trade and Industry’s (DTI’s) action-focused government task team is in the process of identifying several interventions to resolve the current crisis surrounding poultry product dumping in South Africa’s market. The department is seeking out measures to boost trade,... 

DTI steps in with task team amid poultry industry crisis

SADC-EU EPA opens up opportunities for South Africa’s fisheries sector

By: Natasha Odendaal     1st February 2017 The new Southern African Development Community (SADC)–European Union (EU) Economic Partnership Agreement (EPA) has the potential to bolster South Africa’s muted fisheries sector and open up value-addition in a sector that holds much promise. The new SADC-EU EPA framework, which became effective... 

EU rebuffs South African claim of chicken imports being cause of industry distress 

By: Terence Creamer     31st January 2017 The European Union (EU) is strongly contesting arguments that its chicken exports to South Africa are the main cause of the current distress in the industry, asserting that “structural” problems in the South African industry are the main reason for its lack of competitiveness. Ambassador Marcus... 

EU rebuffs South African claim of chicken imports being cause of industry distress
Photo by Duane Daws
EU Ambassador Marcus Cornaro

ANC wants government to bail out poultry industry

By: African News Agency      31st January 2017 The African National Congress (ANC) on Monday, said it had resolved that government should buy struggling but productive poultry farms in a bid to save jobs and increase food security and production. South African chicken producers, including Rainbow Chicken, are set to retrench more than 3,500... 

ANC wants government to bail out poultry industry

Digital solutions to drive next wave of industrial productivity – Immelt

By: Terence Creamer     27th January 2017 The next wave of industrial productivity will be driven by digital solutions, GE CEO Jeff Immelt argued during a visit to South Africa this week, adding that industrial firms would, therefore, have little option but to rethink their strategies in a digital context. The US multinational is in the... 

Digital solutions to drive next wave of industrial productivity – Immelt
Photo by Duane Daws
GE CEO Jeff Immelt

Open data initiative to boost African R&D and innovation – ASSAf

By: Schalk Burger     27th January 2017 Science and Technology Minister Naledi Pandor launched the African Open Science Platform initiative in December to promote the development and coordination of data policies, data training and data infrastructure. The Africawide Open Science Platform aims to promote the value – and exploit the... 

UK, SA strengthen trade ties

By: Creamer Media Reporter      25th January 2017 As the UK prepares to exit the European Union (EU), South Africa is engaging the country to strengthen existing trade ties and identify new mutually beneficial investment opportunities. South Africa’s Trade and Industry Minister Dr Rob Davies and the UK Secretary of State for International Trade... 

UK, SA strengthen trade ties
Dr Rob Davies and Dr Liam Fox

Dlamini-Zuma calls on African leaders to counter ills of globalisation

By: African News Agency      25th January 2017 The outgoing chairperson of the African Union (AU) Commission, Nkosazana Dlamini-Zuma, on Wednesday said African leaders needed to do more to counter the negative effects of globalisation. Opening the 30th Ordinary Council of the AU, Dlamini Zuma said the effects of globalisation were becoming... 

Dlamini-Zuma calls on African leaders to counter ills of globalisation
Photo by Reuters
Outgoing African Union chairperson Nkosazana Dlamini-Zuma

HDPE pipe manufacturing facility to open in February

By: Nadine James     20th January 2017 Plastic pipes manufacturer DPI Plastics will launch its new Germiston-based manufacturing facility in February. The facility will manufacture high-density polyethylene (HDPE) pipes from 16 mm up to 1 000 mm in diameter. DPI technical and product manager Renier Snyman says the facility will enable... 

HDPE pipe manufacturing facility to open in February
NOT A PIPE DREAM DPI's new facility will enable it to supply pipes to South Africa's burgeoning gas market.

Innovation, outward-looking approach will bolster industry growth

By: Nadine James     20th January 2017 The plastics converter industry needs to alter its mindset and look for innovative solutions while becoming more outward-looking to experience real economic growth, says industry body Plastics SA. Plastics SA chairperson Bernhard Mahl describes real growth as “thousands of tons of plastics,... 

Innovation, outward-looking  approach will bolster industry growth
OFF LINE Over the past five to ten years, the local plastics industry has stagnated, hovering between producing 1.3-million tons and 1.4-million tons of virgin material a year

TNPA celebrates key milestone at Maydon Wharf

By: Megan van Wyngaardt     16th January 2017 Transnet National Ports Authority (TNPA) last week celebrated a significant milestone, when the Port of Durban’s Maydon Wharf precinct serviced Bright Sky, the first vessel to use the common-user Berth 14 after its reconstruction. Forming part of a six-berth reconstruction project at the port,... 

TNPA celebrates key milestone at Maydon Wharf

Cosatu demands urgent govt intervention to save poultry industry, jobs 

By: African News Agency      11th January 2017 The Congress of South African Trade Unions (Cosatu) on Wednesday said it was deeply concerned by the pending jobs blood bath in the poultry industry, and also alarmed by government’s “deafening silence” on a matter of the utmost national concern. This comes after Rainbow Chickens Limited, the... 

Cosatu demands urgent govt intervention to save poultry industry, jobs

Mozambique ratifies WTO trade facilitation agreement

By: Megan van Wyngaardt     9th January 2017 Only five more World Trade Organisation (WTO) members need to ratify the trade facilitation agreement (TFA) to bring it into force, after Mozambique became the 105th member to ratify the agreement. Mozambique’s instrument of acceptance was submitted to the WTO on January 6. The TFA will enter... 

Mozambique ratifies WTO trade facilitation agreement

Umkhonto missile export programme now in its final stages

By: Keith Campbell     16th December 2016 South African State-owned defence industrial group Denel announced at the end of last month that extensive testing of the Denel Dynamics Umkhonto (“Spear”, in English) naval surface-to-air missile, for an export customer, would take place early next year. The Umkhonto forms part of the armament... 

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