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Apr 29, 2016
Mzwandile Masina
The Department of Trade and Industry (DTI) has invited companies to participate in a trade and investment mission to Ghana and Nigeria from August 8 to 12.   Companies in the agriculture and agroprocessing sectors, built environment professionals, automotive and...
Apr 29, 2016
One of the key messages to emerge ahead of the review of South Africa’s sovereign credit rating is that the country needs to outline the practical actions it will take to reignite growth, which has more or less petered out in recent years, with few expecting the...
Apr 29, 2016
NO GROWING PAINS Chryso SA CEO Norman Seymore explains his company's continued growth despite depressed market conditions
Construction chemicals producer Chryso Southern Africa continues to innovate and expand, offsetting the decrease in major civil projects. Chryso Group VP and Chryso South Africa (SA) CEO Norman Seymore notes that, aside from a few high-profile building projects in...
Apr 29, 2016
AFRICAN CONSTRUCTION & TOTALLY CONCRETE EXPO Where Africa's concrete, cement and Construction industries meet
This year marks the first indoor/outdoor expo at the African Construction and Totally Concrete Expo – ranked first among construction stakeholders for its relevant and strategic content, according to a 2015 survey – which will be held from May 9 to 11 at the...
Apr 29, 2016
PARTNERSHIP DEAL Helen Botes and Neil Gopal shake hands at the announcement of the property development programme
State-owned company the Johannesburg Property Company (JPC) is partnering with the South African Property Owners Association (Sapoa) in a municipal property development project valued at R12-billion, which aims to enhance the use of municipal-owned land within the...
Apr 29, 2016
BRYAN PERRIE The Concrete Institute MD says sample tests have shown that some cement imports are of an inferior quality.
Cement and concrete advisory body The Concrete Institute (TCI) MD Bryan Perrie is concerned about the quality and metrology of cement imports. He explains that all cement has to be certified by a body approved by the National Regulator for Compulsory Standards (NRCS)...
Apr 29, 2016
South African power solution and data centre specialist Master Power Technologies last month opened a branch in Windhoek, Namibia, as part of its growth strategy in Africa. The new office complements the Master Power branches successfully operating in Kitwe and...
Apr 25, 2016
President Jacob Zuma
South Africa is a reliable partner committed to an equitable economic partnership with Iran on a win-win basis, President Jacob Zuma said on Sunday. South Africa had categorically condemned the imposition of unilateral sanctions against Iran and applauded the recent...
Apr 22, 2016
Apr 22, 2016
Apr 22, 2016
Apr 22, 2016
 
 
 
Apr 21, 2016
Only two out of the 13 Botswana companies that signed to take up preferential trade opportunities with the United States through the Africa Growth and Opportunity Act at its inception in 2000 have prospered through the trade deal, the government has announced....
Apr 20, 2016
The Department of Trade and Industry (DTI) is leveraging R57.1-billion in private-sector investment, through various incentive schemes, to support local industrialisation efforts, said Trade and Industry Minister Dr Rob Davies, who delivered his Budget Vote on...
Apr 20, 2016
Denel acting CEO Zwelakhe Ntshepe
 State-owned defence industrial group Denel will be signing two landmark agreements with counterparts in the Malaysian industry during this week’s Defence Asia Exhibition – DSA2016 – in Kuala Lumpur.   The agreements formed part of the offset arrangements contained...
Apr 15, 2016
TINA JOEMAT-PETTERSSON The Northern Cape hosts 100% of the CSP and 65% of the solar PV capacity procured in the REIPPPP bid windows
The inauguration last month of renewable-energy project developer Solar Capital’s 90 MW De Aar 3 solar photovoltaic (PV) plant, in the Northern Cape, marked the seventeenth solar PV plant to start commercial operation in the province. Energy Minister Tina...
Apr 15, 2016
Only a tiny minority of nuclear waste contains the vast majority of radiation produced by such waste. “No less than 96% of the radioactivity comes from just 0.2% of the waste volume,” highlights Arint SA MD François Mellet. Nuclear waste is generally divided into low...
Apr 14, 2016
Current drought conditions, rising prices and the uncertain political situation in South Africa have contributed to shrinking trade margins and other seasonal factors impeding local business, causing trade conditions in March to remain in negative territory for the...
Apr 14, 2016
South Africa this week further opened up the export potential of the country’s deciduous fruit to Indonesia after the Indonesian Agricultural Quarantine Agency granted South Africa “Country of Recognition” status for the food safety control system blanketing various...
Apr 12, 2016
Article contains comments
Trade and Industry Minister Dr Rob Davies
Nedbank, together with the Companies and Intellectual Property Commission (CIPC) and the Department of Trade and Industry, on Tuesday launched the fully automated CIPC Online Web portal, allowing business owners to register a business and open a business bank account...
Apr 08, 2016
Defence vehicle systems company Denel Land Systems (DLS) is continuing to update and broaden the versatility of the Casspir family of mine-protected vehicles – a move that is not only safeguarding the South African-developed platform, but also helping the vehicle to...
Apr 08, 2016
ANNOUNCEMENTS RAISE CONCERN GRI announcements allow carriers to explore each other's pricing intentions and coordinate their behaviour
The European Commission announced its concerns that container liner shipping companies' practice of publishing their future price increase intentions may harm competition and customers by raising prices for their services to and from Europe, in breach of the European...
 
 
 
 
Apr 08, 2016
ECONOMIC WELLNESS Luxury vinyl tiles are in vogue, and KBAC Flooring plans to capitalise by expanding its range
Following the success of its Vanguard Collection luxury vinyl tile (LVT) range, launched in South Africa at the end of last year, interior flooring supplier KBAC Flooring plans to expand the LVT range in the near future. This comes after leading health insurance...
Apr 08, 2016
MARKET DEMAND TO INCREASE A large number of emerging manufacturers is expected to drive the heat exchanger market in future
India-based market research company Markets and Markets (M&M) predict that the heat exchanger market will be worth $21.08-million by 2019 owing to demand increase from Europe and Asia. The exchanger market report conducted by M&M is based on heat exchanger types such...
Apr 08, 2016
SURFACE PREPARATION TAL's Keymix and Keycoat slurry prepares the surface and enhances the bond of the adhesive
Tile and construction adhesive specialists TAL enhanced its tiling solutions offering by launching the cementitious powder primer Keymix in February. Keymix  is used to prepare the surface and enhance the bond of the adhesive onto the surface substrate. The primer...
Apr 08, 2016
Nonprofit trade and investment promotion organisation the Taiwan External Trade Development Council (Taitra) hosted 25 Taiwanese enterprises in Johannesburg last month to assist in developing relations with local companies.
Apr 07, 2016
The World Trade Organisation (WTO) warned on Thursday that growth in the volume of world trade was likely to remain sluggish in 2016 at 2.8%, unchanged from levels recorded in 2015, which was the fourth consecutive year where growth in world merchandise trade...
Apr 01, 2016
The development of shale gas projects in South Africa was halted with the 2011 issuing of a moratorium on the issuing of shale gas exploration licences within the central Karoo, which has subsequently been lifted.
Mar 31, 2016
Article contains comments
Independent advisers Cova Advisory has opened an office in Cape Town to support further investments and exports in the Western Cape. Cova partner Tumelo Chipfupa said this would allow the company to advise firms that wanted to invest in or expand their operations...
Mar 30, 2016
The US Congress has mandated its embassy in Pretoria to determine what the trade relationship between South African and the US will be once the African Growth and Opportunity Act (Agoa) comes to an end in 2025. US Embassy to South Africa economic officer Ed Winant on...
Mar 30, 2016
Financial services company ZAR X has been granted a stock exchange licence by the Financial Services Board (FSB), enabling the company to operate a mature, independent stock exchange and provide an alternative to companies that want to list their securities on a...
Mar 29, 2016
No consideration is currently being given to temporarily removing the current duty on imported sugar, Trade and Industry Minister Dr Rob Davies said in a parliamentary reply released on Tuesday. The Minister arrived at this decision following a review process...
 
 
 
 
Mar 25, 2016
SBU SHABALALA The CQS acquisition will bolster the financial services segment of Adapt IT
JSE-listed specialist software and services firm Adapt IT increased revenue by 19% and operating profit by 50% during the interim period to December 31, 2015, and had wholly acquired audit, financial and risk management software services firm CQS. The acquisition was...
Mar 18, 2016
Through financial services provider Sanlam’s enterprise and supplier development (ESD) programme, small and medium-sized enterprises (SMEs) have experienced an average of 19% growth in revenue in the past two years.
Mar 18, 2016
WILO-STRATOS The PICO-Z is suitable for use in small commercial buildings such as hospitals, hotels and flats
German pumps manufacturer Wilo extended its range of domestic hot water pumps last month, by launching the Wilo-Stratos PICO-Z. The Wilo-Stratos PICO-Z is a glandless circulation pump that the company believes will enhance its domestic product offering. Similar to...
Mar 18, 2016
ALL SYSTEMS ARE GO Swedish pumps suppliers AxFlow offers a wide variety of process pumps and a stellar maintenance programme
Sweden-based pumps supplier AxFlow Holding has acquired the majority share in South African pumps importer and distributor AQS Liquid Transfer, as part of AxFlow’s growth initiative and strategy to expand its business beyond Europe. AxFlow is a major distributor of...
Mar 18, 2016
BBBEE CODES The biggest change in the new codes is a sub minimum of 40% compliance for all categories
Compliance with the new Broad-Based Black Economic-Empowerment (BBBEE) Codes of Good Practice needs to be widespread if further youth uprisings are to be averted, thereby enabling South Africa to build additional small and medium-sized enterprises (SMEs) and...
Mar 18, 2016
HOWARD JONES Current trends in the pumps industry are aimed at improving oprational efficiency
It is not anticipated that the design of pumps will change drastically any time soon, as most modifications or adaptations will either improve operational efficiencies or be introduced specifically for an application, says pumps manufacturer Weir Minerals Africa...
Mar 18, 2016
MAXI H-LITE Integrated Pump Technology has announced the launch of the Grindex Maxi H-Lite drainage pump
Pumps distributor Integrated Pump Technology (IPT) has introduced the Grindex Maxi H-Lite pump to the African market to address the need for an intermediary pump capable of performing heavy-duty drainage applications, says IPT MD Colin Adams. He notes that the Maxi...
Mar 18, 2016
SOLID COMMITMENT Chinese pump manufacturer Atlas has decided to commit to the African market by establishing a regional base
Chinese slurry pump manufacturer Atlas Pump Group opened an office and warehouse facility in Johannesburg, Gauteng, in January, which will cater for the mining and industrial sectors across the African market. Though Atlas supplied parts and pumps to companies on the...
Mar 18, 2016
JOHN TARBOTON Some imported stainless steel pots are more prone to corrosion because of their lower alloy content
After spending half-year capital of R8.6-billion in Southern Africa in the six months to December 31, integrated chemicals and energy group Sasol expects to invest a similar capital amount in the region in the current half year. Speaking to Creamer Media’s...
Mar 18, 2016
SC9000 EP The medium voltage adjustable frequency drive reduces downtime and maintenan
Power management company Eaton last month announced that the company’s custom variable frequency drive (VFD) solution was recently installed at Mooresville Water Treatment Plant in North Carolina, in the US. The VFD fits within the plant’s space constraints and has...
 
 
 
 
Mar 18, 2016
PUMPMOR VERTICAL SPINDLE PUMPS THe PVS pumps achieves up to 87 m heads at about 3000 rpm
Mining solutions provider Becker Mining South Africa’s Pumpmor vertical spindle (PVS) range of vortex pumps has been designed to efficiently pump sludge and slurries containing large abrasive solids and fibrous materials in light, medium and heavy service industries....
Mar 17, 2016
WTO director general Roberto Azevedo
World trade has not recovered from the global economic recession in 2008 and countries are hesitant to open their markets, Roberto Azevedo, director general of the World Trade Organisation (WTO), said on Thursday. Azevedo and Trade and Industry Minister Rob Davies...
Mar 15, 2016
The Brazil, Russia, India, China and South Africa (Brics) New Development Bank (NDB) has started the process of recruiting staff from its member States. The bank called on persons from the Brics countries to submit applications through its website.
Mar 15, 2016
US President Barack Obama this week officially revoked any potential limitations imposed on South Africa under the African Growth and Opportunity Act (Agoa) as the African nation “came into compliance” after lengthy negotiations that threatened South Africa’s...
Mar 14, 2016
Rob Davies
Trade and Industry Minister Rob Davies and his Saudi Arabian counterpart Twafeeq Al Rabeeach will co-chair the 7th session of the South Africa-Saudi Arabia Joint Economic Commission (JEC) in Cape Town this week. The JEC starts on Monday with senior government...
 
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