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Jul 23, 2014
Dr Rob Davies
The Department of Trade and Industry (DTI) is preparing to table two new Bills with Parliament this year, Trade and Industry Minister Dr Rob Davies said in reply to a Parliamentary question. The contested Licensing of Businesses Bill, which was published for public...
Jul 23, 2014
The Department of Trade and Industry (DTI) will move decisively to develop bolder instruments to support black industrialists and youth. Delivering the department’s Budget Vote on Tuesday, Trade and Industry Deputy Minister Mzwandile Masina said they will develop...
Jul 23, 2014
Elizabeth Thabethe
In her first Budget Vote speech as Deputy Minister of the newly created Department of Small Business Development (DSBD), Elizabeth Thabethe has assured Parliament that the department will “aggressively” explore opportunities for small, medium-sized and...
Jul 23, 2014
Trade and Industry Minister Dr Rob Davies has assured that the Department of Trade and Industry (DTI) would be “playing its part” in ensuring that government procured 75% of its goods and services from local companies, announcing on Tuesday the next designation...
Jul 21, 2014
Trade and Industry Minister Dr Rob Davies
South Africa’s Trade and Industry Minister Dr Rob Davies views the easing of export-tax restrictions on mineral products in the recently agreed Economic Partnership Agreement (EPA) as an important improvement over the Trade, Development and Cooperation Agreement...
Jul 18, 2014
The Export Credit Insurance Corporation of South Africa (ECIC) has entered into a memorandum of understanding (MoU) on cooperation with the export credit insurance agencies (ECAs) of the other Brics member countries – Brazil, Russia, India and China. The MoU, which...
Jul 18, 2014
The long-running and highly contested Economic Partnership Agreement (EPA) negotiations between seven Southern African countries and the European Union (EU) have been concluded, with South Africa insisting that the new deal preserves coherence within the Southern...
Jul 17, 2014
National Treasury has called for public comment on new draft tax amendment Bills, giving effect to proposals announced in the 2014 Budget. Stakeholders would have until August 17 to table their views on the 2014 draft Taxation Laws Amendment Bill (TLAB), the 2014...
Jul 17, 2014
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Jul 17, 2014
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Jul 16, 2014
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Jul 16, 2014
Jul 15, 2014
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China President Xi Jinping
Hours before launching a joint development bank to challenge Western dominance over global finances, the Brics emerging market nations on Tuesday had still not agreed on where the new lender will be headquartered, senior officials involved in the talks told Reuters....
Jul 15, 2014
While overall trade conditions and trade expectations remained weak in June, trade activity showed a modest month-on-month uptick, with the South African Chamber of Commerce and Industry’s (Sacci’s) seasonally adjusted composite trade activity index (TAI)...
Jul 15, 2014
The Brics group of emerging market nations is confident a global trade reform pact will be implemented despite concerns by India over its food security, Brazil's trade minister said on Monday. "We are confident that the Bali agreement will be implemented by all,"...
Jul 14, 2014
As President Jacob Zuma on Monday arrived in Fortaleza, Brazil, to attend the sixth Brazil, Russia, India, China and South Africa (Brics) Summit, South Africa aimed to forge further intrabloc cooperation initiatives. Boosting intra-Bric trade remained a key focus for...
Jul 14, 2014
The Davis Tax Committee (DTC) on Monday published a revised small and medium-sized enterprise (SME) interim report for public comment. The report outlines the role of SMEs in the economy, the definition of a small business and the challenges smaller businesses face,...
Jul 11, 2014
The Southern African International Trade Exhibition (Saitex), in its twenty-first year, has created R70-million in business opportunities for Gauteng, according to the Johannesburg Chamber of Commerce and Industry president Fay Mukaddam.
Jul 07, 2014
The five Brics nations have reached a broad consensus on their $100-billion development bank though some differences remain, a senior Chinese diplomat said on Monday ahead of a summit in Brazil next week to be attended by President Xi Jinping. The new bank will...
Jul 07, 2014
The South African Poultry Association (Sapa) has welcomed antidumping action taken by the International Trade and Administration Commission of South Africa (Itac) against European Union (EU) countries found dumping poultry products in South Africa. Preliminary...
Jul 04, 2014
Limpopo MEC for Economic Development, Environment and Tourism Seaparo Sekoati
Addressing members of various cooperatives, in Polokwane, on Thursday, Limpopo MEC for Economic Development, Environment and Tourism Seaparo Sekoati said the provincial government was committed to supporting cooperatives, as it believed these associations had a...
Jul 04, 2014
National Treasury, the South African Reserve Bank and the Financial Services Board (FSB) on Friday called for public comment on the proposed regulations for unlisted over-the-counter (OTC) derivatives, mooted to ensure South Africa met its G20 obligations. These...
Jul 04, 2014
New Partnership for Africa's Development (Nepad) CEO Dr Ibrahim Mayaki has been appointed interim CEO of the Africa Peer Review Mechanism (APRM), a forum through which African Union (AU) partners share best practise policies and standards that lead to political...
Jul 04, 2014
India’s largest delegation yet has participated in this year’s Southern African International Trade Exhibition (Saitex), which took place from 22 June to 24 June in Midrand, Johannesburg, to further grow bilateral trade between India and South Africa.
Jul 04, 2014
Jun 30, 2014
An approach that presents South Africa as offering a coherent “suite” of services to potential foreign importers of local goods – rather than simply the export product itself – may boost the country’s export earnings and drive the local industrialisation...
Jun 23, 2014
Jun 23, 2014
Fourteen South African companies would participate in the thirty-eighth Dar es Salaam International Trade Fair, in Tanzania, from June 28 to July 8, in a bid to strengthen bilateral trade between the two countries. This would be South Africa’s first appearance at...
Jun 20, 2014
Since January this year, trade between Germany and South Africa has seen a slight decline, owing to a weaker rand and delays in starting local infrastructure development projects, says Southern African-Germany Chamber of Commerce and Industry (SAGCCI) CEO Matthias...
Jun 20, 2014
South African sensor solutions company Countapulse Controls, which distributes Germany-based electronic sensor manufacturer Leuze’s products, reported in April that the company had expanded its already extensive line of sensors with the introduction of the Leuze...
Jun 19, 2014
WTO DG Roberto Azevêdo
Group of 20 (G20) member countries continue to introduce trade restrictions, but at a slightly slower rate, while the number of trade liberalising measures being introduced appears to be rising, a World Trade Organisation (WTO) report has found. The report, published...
Jun 18, 2014
Morocco has called on interested stakeholders to provide input and evidence as a safeguard investigation on cold-rolled sheets and plated or coated sheets gets under way. The World Trade Organisation (WTO) committee on safeguards this week said it had been notified...
Jun 13, 2014
For South Africa to remain competitive in the global trade environment, the country would have to adapt its policies to fit in with the new emerging patterns of trade, South African Institute of International Affairs (Saiia) economic diplomacy programme head...
Jun 13, 2014
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The Department of Trade and Industry (DTI) has extended an invitation to South African companies to apply for participation at the South African Exhibition and Investment seminars scheduled to take place in China from October 20 to 31. To qualify for inclusion,...
Jun 11, 2014
Trade activity across a spectrum of sectors, including retail trade, vehicle sales, exports and imports, and expenditure on capital goods and services remains subdued, with the South African Chamber of Commerce and Industry’s (Sacci’s) seasonally adjusted Trade...
Jun 10, 2014
Independent research by University of Maryland supply chain lecturer Lisa Harrington has revealed that technology, or tech, companies should look at dramatically overhauling their existing African supply-chain strategies to meet the demands of an emerging, volatile...
Jun 09, 2014
South Africa and India’s focus with regard to two-way trade was now moving away from simply embarking on trade flow, towards finding ways to improve the trade flow between the countries, African National Congress Progressive Business Forum co-convenor Daryl...
Jun 09, 2014
South Africa’s Ambassador to Chile, Dr Hilton Fisher
South Africa’s ambassador to Chile, Dr Hilton Fisher, says South Africa should strive for higher growth, business development and a stronger presence in international markets, as the country has consistently been recognised by credible international surveys as...
Jun 06, 2014
ART HANDLED WITH CARE Glass art will be on display at this year’s glasstec trade fair in Düsseldorf, Germany
International glass industry trade fair glasstec will again live up to its role as the leading international trade fair for the glass industry in 2014, says trade fair ground and organiser Messe Düsseldorf. The number of exhibitor registrations for the biennial...
Jun 06, 2014
As intellectual property (IP) is increasingly becoming the basis of modern economies, with many tangible benefits of ideas and developments no longer directly linked to physical products, South Africa’s copyright law needs to be amended to provide improved...
Jun 04, 2014
Western Cape Economic Opportunities Minister Alan Winde
The Western Cape government has entered into a cooperation agreement with the US state of Georgia to unlock trade and investment opportunities between the two regions. The signing of the agreement came as Western Cape Finance Minister Dr Ivan Meyer and Western Cape...
May 30, 2014
South Africa posted another sizeable trade deficit of R13.03-billion in April following the prior month’s upwardly revised deficit of R11.9-billion, data released by the South African Revenue Service (Sars) on Friday has shown. BNP Paribas Cadiz Securities...
May 30, 2014
Vietnam is hoping that it will be able to increase its exports of certain agricultural products to South Africa. In particular, it is seeking to increase its exports of coffee, tea, rice and peppers. In parallel, South Africa is also hoping to increase its exports to...
May 23, 2014
Madagascar President Hery Rajaonarimampianina
As Madagascar moves to recover after a five-year political crisis triggered by a 2009 coup, President Hery Rajaonarimampianina, who took office in January following peaceful December elections, on Friday encouraged South African businesses to invest in the country....
May 20, 2014
The South African Chamber of Commerce and Industry’s (Sacci’s) Trade Activity Index (TAI) declined from 54 to 49 in April, indicating the influence of fewer trading days owing to public holidays. The TAI also declined substantially by 12 index points between...
May 16, 2014
Banks can improve the detection and prevention of potential money laundering and fraudulent transactions by using business analytics systems, says business intelligence firm SAS Analytics fraud and financial crimes regional practice lead William Lawrence. To prevent...
May 14, 2014
The Johannesburg Stock Exchange (JSE) on Monday successfully launched its colocation centre, which will allow JSE clients to place their trading equipment in the JSE data centre and enable faster access to all JSE markets. The facility, which is located on the JSE...
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