http://www.engineeringnews.co.za
R/€ = 15.76 Change: -15.60
R/$ = 14.35 Change: -14.21
Au 1318.06 $/oz Change: -1.90
Pt 1094.00 $/oz Change: 0.50
 

Trade News

Davies to launch Phase 1 of revitalised Polokwane industrial park

By: Megan van Wyngaardt     22nd July 2016 Trade and Industry Minister Dr Rob Davies will next week launch the revitalised first phase of the Seshego Industrial Park, in Polokwane, which is aimed at promoting industrialisation, job creation and economic growth. The revitalisation is being implemented in phases focusing on various areas,... 

Carbon dioxide to be used in foam, plastic vehicle components

     22nd July 2016 Last month, multinational automotive manufacturer Ford Motor Company announced that it is the first automaker to formulate and test new foam and plastic components that use carbon dioxide (CO2) as feedstock. Researchers expect to see the new biomaterials in Ford production vehicles within five... 

Carbon dioxide to be used in foam, plastic vehicle components
USEFUL WASTE The anticipated use for the captured waste product carbon dioxide includes seating and underhood applications.

Crash test dummy range now includes child models

     22nd July 2016 Japanese automotive manufacturer Toyota last month expanded its range of virtual crash-test dummies by adding three new new models to replicate the physical characteristics of children aged three, six and ten. The simulation software, known as Total Human Model for Safety (Thums), maps and mimics... 

Manufacturers to profit from ‘connected life’ concept

By: Nadine James     22nd July 2016 Technological developments relating to high-speed connectivity, smart sensors and cloud-based computing, present vehicle manufacturers with an opportunity to develop services based around connected cars and devices. This has provided new impetus to the “Connected Life” concept, says computer... 

Manufacturers  to profit from  ‘connected life’ concept
Photo by Bloomberg
INTERACTIVE DRIVING The BMW Group showcased the BMW ConnectedDrive features at 2011 Paris Motor Show

Manufacturers to exploit emerging automotive markets

By: Nadine James     22nd July 2016 Original-equipment manufacturers (OEMs) are aiming to expand their client bases and establish automotive manufacturing facilities in emerging market economies, owing to the current saturation in European and US automotive markets, says auditing and consulting firm KPMG. KPMG industrial and... 

Manufacturers to exploit emerging  automotive markets
Photo by Duane Daws
MISFIT TOYS? Recent trends suggest that demand for vehicles is depressed, even if the desire tow own a vehicle has not finished

South Africa waking up to entrepreneurship, but coordinated strategy still lacking

By: Mia Breytenbach     22nd July 2016 Amid fiscal constraints political uncertainties and extremely weak economic growth, South Africa is finally placing increasing emphasis on enterprise development and cultivating an entrepreneurship culture. Epitomising this shift in emphasis, Small Business Development Minister Lindiwe Zulu has... 

South Africa waking up to entrepreneurship, but coordinated strategy still lacking

Ethos to list on JSE main board, aims to raise up to R2bn

By: Mia Breytenbach     18th July 2016 Ethos Capital intends to list its issued A ordinary share capital on the main board of the JSE. The listing would be subject to market conditions and the requisite approvals by the JSE. Rand Merchant Bank, a division of First Rand Bank, is acting as the financial adviser, sole global coordinator,... 

Ethos to list on JSE main board, aims to raise up to R2bn

African passport 'launched' at AU summit 

By: News24Wire      18th July 2016 Outgoing African Union Commission chairperson Nkosazana Dlamini-Zuma has managed to tick at least two big items off the to-do list she had in her term at the helm of the continental body. In her last opening speech at the AU’s heads of state on Sunday, she said the one item the AU managed to tick... 

African passport 'launched' at AU summit
Outgoing AU Commission chairperson Nkosazana Dlamini Zuma

Davies says Brexit risk for South Africa does not lie in trade arena 

By: Terence Creamer     15th July 2016 South Africa’s Trade and Industry Minister Dr Rob Davies has formally written a letter to the British High Commissioner seeking a meeting regarding the implications of the recent Brexit vote on South Africa’s trade and economic relations with the UK. However, he says he does not anticipate any... 

Davies says Brexit risk for South Africa does not lie in trade arena
Photo by Duane Daws
Trade and Industry Minister Dr Rob Davies

DTI sets up Africa-focused trade unit in bid to grow exports beyond R300bn

By: Terence Creamer     15th July 2016 The South African government believes the launch of a new one-stop-shop to facilitate higher levels of trade and investment in the rest of Africa will help consolidate the continent as the country’s most important market for value-added goods and create the platform for an expansion in exports... 

DTI sets up Africa-focused trade unit in bid to grow exports beyond R300bn

US, China clash over market economy status at WTO

By: Reuters     15th July 2016 The US warned China on Thursday that it had not done enough to qualify for market economy status, especially in steel and aluminium, sowing the seeds for a trade battle between Washington and Beijing at the end of 2016. Upon China's admission to the WTO in 2001, it was told by other members that... 

Trade conditions improved in June – Sacci

By: Creamer Media Reporter      13th July 2016 The seasonally adjusted South African Chamber of Commerce and Industry (Sacci) Trade Activity Index moved into positive territory, at 51, in June, compared with 50 in May. This was also five points higher than the 46 measured in June 2015. 

Trade conditions improved in June – Sacci

France, South Africa join hands on development

By: Natasha Odendaal     11th July 2016 There is further room to increase bilateral trade and investment and expand cooperation between South Africa and France, particularly in energy and infrastructure, President Jacob Zuma said on Monday. Zuma, currently on his second State visit to France to meet with French counterpart President... 

France, South Africa join hands on development
Photo by Reuters
South Africa President Jacob Zuma and France President Francois Hollande

Davies to launch initiative to support trade in Africa

By: Anine Kilian     11th July 2016 Trade and Industry Minister Dr Rob Davies will on Friday launch Trade Africa, formerly known as the Africa Export Council, a unit established within the Department of Trade and Industry to promote South Africa’s trade relations with the African continent. The initiative will be launched together... 

Concerned DTI engaging with Zim on trade restrictions

By: News24Wire      11th July 2016 The adverse impact on South African exporters due to trade restrictive measures introduced by the government of Zimbabwe cannot be underestimated, the SA Department of Trade and Industry (DTI) said on Sunday afternoon. The DTI said it continues to be responsive to affected exporters and to make... 

South Africa, India boast ‘enormous’ bilateral trade, investment potential – Zuma

By: Anine Kilian     8th July 2016 President Jacob Zuma and Indian Prime Minister Narendra Modi on Friday signed eight memoranda of understanding (MoUs). Some of the focus areas included the establishment of grassroots innovation in the area of science and technology, an MoU on tourism and a programme of cultural cooperation. 

South Africa, India boast ‘enormous’ bilateral trade, investment potential – Zuma
Photo by Duane Daws
President Jacob Zuma and Indian PM Narendra Modi

SA, India to deepen trade ties

By: African News Agency      8th July 2016 Indian Prime Minister Narendra Modi’s current visit to South Africa has presented the opportunity for the two countries to enhance trade and investment relations, President Jacob Zuma said on Friday. "We are looking to increase and diversify South African exports to India. We have identified new... 

SA, India to deepen trade ties

Improved walkability boosts local retail spend, report shows

By: Mia Breytenbach     8th July 2016 Improved walkability has been shown to increase local retail spend, enhance the value of local services and create more jobs, states engineering consulting firm Arup in its newly launched ‘Cities Alive: Towards a walking world’ report. With more than 70% of the world’s population set to live in... 

Improved walkability boosts local retail spend, report shows
Photo by Bloomberg
SETTING THE MILES Africans walk as much as four times further and longer than their global counterparts, according to the Walk Urban Report released by the World Bank

South Africa should retain, expand and add new exporters to boost economic growth

By: Mia Breytenbach     8th July 2016 If South Africa retains 50% of its exporters in one year, the country, whose projected growth for 2016 is forecast at about 0.7%, can grow the economy by an additional half a per cent, says independent economist Dr André Gouws. Speaking at the international export/import multi-sector business and... 

South Africa should retain, expand and add new exporters  to boost economic growth
Photo by Duane Daws
SUBTRACTING GAIN South Africa’s export industry, which comprises about 23 000 to 25 000 exporters in any one year but the country loses and also gains 6 000 exporters a year

Brexit impact on trade between South Africa, UK seen minimal

By: Reuters     6th July 2016 The impact of Brexit on South Africa's direct trade links with the UK are expected to be minimal but Africa's most industrialised country will be indirectly affected by heightened market volatility, Central Bank Deputy Governor Daniel Mminele said on Wednesday. "The UK’s present and future are... 

India’s PM Modi to attend a business forum in SA

By: African News Agency      4th July 2016 The Department of Trade and Industry (the dti) on Monday said Narendra Modi, the Prime Minister of India, will be visiting South Africa this Friday. In a statement, the dti Minister Rob Davies said Modi was expected to be accompanied by a high level business delegation and would attend the... 

India’s PM Modi to attend a business forum in SA
Photo by Reuters
India Prime Minister Narendra Modi

Botswana markets itself as an attractive business destination

By: Dylan Slater     1st July 2016 Several key factors make doing business in Botswana attractive, according to Botswana high commissioner Zenene Sinombe, who posed several key sentiments of business opportunities during the launch of inter-country relations promotion platform the Africa Matchmaking in May.  

Design students’ graduation aligned with Gauteng’s jewellery manufacturing ambitions

By: Dylan Slater     1st July 2016 Graduates of Germiston-based commercial jewellery design school Design@50 were honoured during a formal ceremony in May.  

Design students’ graduation aligned with Gauteng’s jewellery manufacturing ambitions
STUDENT DESIGN The Design@50 studio assists jewellery designers in attaining the required skillset to enter the industry

South Africa must find ways to leverage trade policy to support small firms

By: Mia Breytenbach     1st July 2016 South Africa has to find ways of ensuring that small businesses participate actively in the global market, through not only export facilitation, trade exhibitions and market access opportunities obtained through preferential market opportunities but also through joint ventures (JVs), foreign... 

South Africa must find ways to leverage trade policy  to support small firms
Photo by Duane Daws
LINDIWE ZULU South Africa’s trade policy intends to take advantage of Africa’s improved growth prospects by increasing exports of goods and services to the region

How Brexit could be a boost for SA trade

By: News24Wire      30th June 2016 A worst case scenario for the United Kingdom (UK) could be a boost for South African trade between the UK and the European Union (EU), a trade consultant and economist said on Wednesday. This follows a referendum, where the UK voted to leave the European Union last Thursday. 

TNPA to add container capacity at Durban harbour as it puts dig-out port on hold 

By: Terence Creamer     28th June 2016 Having pulled back from any immediate development of the so-called Durban Dig-Out Port (DDOP), Transnet National Ports Authority (TNPA) is moving ahead with two more modest projects to expand the container capacity at the Port of Durban. Transnet CEO Siyabonga Gama has indicated that the DDOP is... 

TNPA to add container capacity at Durban harbour as it puts dig-out port on hold
TNPA senior manager for planning and development Selvan Pillay on the berth-deepening and Salisbury Island projects to increase container capacity at the Port of Durban. Camera Work & Editing: Nicholas Boyd. Recorded: 28.6.2016

South Africa needs to increase value-added exports – Davies 

By: Natasha Odendaal     28th June 2016 Amid growing global economic uncertainty and volatility, it has become ever more imperative for South Africa to industrialise, diversify and break its dependence on exporting its raw resources. Even if the country faced a better economic climate, there was an urgent need to deal with the... 

South Africa needs to increase value-added exports – Davies
Photo by Duane Daws
Trade and Industry Minister Dr Rob Davies

Brexit deals 'resilient' South Africa a new complication  

By: Natasha Odendaal     24th June 2016 As the UK’s decision to withdraw from the European Union (EU) this week sent ripples of uncertainty and volatility across an already unsteady global economy, South Africa’s Finance Minister Pravin Gordhan has moved to assure the public of the country’s strong trade ties and resilience. However,... 

Brexit deals 'resilient' South Africa a new complication
LISTEN: Finance Minister Pravin Gordhan assures South Africans of the country's resilience and that it has strong ties with the UK and the EU.

France, Switzerland to finance small-scale green energy projects in South Africa

By: Dylan Slater     24th June 2016 An agreement to finance a technical assistance programme to assist banks in financing small scale renewable energy and energy efficiency projects in South Africa was signed on May 26 by the French Agency for Development (AFD) and the State Secretariat for Economic Affairs of Switzerland (Seco).  

Rockwell Automation in BEE deal, moves to new offices

By: Dylan Slater     24th June 2016 Industrial automation and information company Rockwell Automation has expanded its presence in South Africa with the opening of its new offices in Randburg, in Johannesburg, on June 8.  

South Africa, US free-trade agreement discussions on the cards

By: Natasha Odendaal     21st June 2016 The impasse between the US and South Africa over meat exports and imports has highlighted the need for a shift in approach with regards to the negotiations over a free-trade agreement (FTA) when the current African Growth and Opportunity Act (Agoa) expires in 2025. While South Africa gained a... 

South Africa, US free-trade agreement discussions on the cards

South Africa makes most use of Agoa, but still only a fraction of the tariffs

By: Natasha Odendaal     21st June 2016 While South Africa has seemingly made the most use of the duty-free trade benefits with the US under the African Growth and Opportunity Act (Agoa) since inception, the nonreciprocal deal was, for the most part, heavily underused across the continent. While the 15-year-old Act had surged into the... 

South Africa makes most use of Agoa, but still only a fraction of the tariffs

South Africa should ensure small business participation through JVs, FDI investments – Zulu 

By: Mia Breytenbach     20th June 2016 South Africa has to find ways of ensuring that small businesses participate actively in the global market, not just through export facilitation, trade exhibitions and market access opportunities obtained through preferential market opportunities, but also through joint ventures (JVs), foreign... 

South Africa should ensure small business participation through JVs, FDI investments – Zulu
Small Business Development Minister Lindiwe Zulu discusses the opportunities for small business participation,local economic growth and in Africa's growth prospects. Camerawork and Editing: Nicholas Boyd.

Davies outlines agricultural benefits from new EU trade deal

By: Terence Creamer     17th June 2016 South Africa is “satisfied” that the recently signed Economic Partnership Agreement with the European Union (EU) will lead to improved market access for some additional South African agricultural products, Trade and Industry Minister Dr Rob Davies said at the weekend, reporting that Cabinet had,... 

Davies outlines agricultural benefits from new EU trade deal
Photo by Duane Daws
Trade and Industry Minister Dr Rob Davies

Exports seen as key to improving prospects for SA capital equipment manufacturers

By: Dylan Slater     17th June 2016 The South African Capital Equipment Export Council (Saceec) says domestic manufacturers of capital equipment stand a better chance of being sustainable in the country’s struggling economy by opening up export channels and liaising with foreign customers to build stronger ties in international... 

Exports seen as key to improving prospects for SA capital equipment manufacturers

Category supply contracts cannot adequately manage indirect costs

By: Nadine James     17th June 2016 Global components distributor RS Components GM Brian Andrew says that although manufacturing companies have realised that they can reduce costs by optimising their maintenance, repair and operations (MRO) procurement, they tend to achieve this by negotiating category supply contracts, which... 

Category supply contracts cannot adequately  manage indirect costs
BRIAN ANDREW The RS Components GM says sufficient price data could save as much as 35% of the total MRO procurement costs

Cooler upgrade enhances production capacity and reliability

By: Nadine James     17th June 2016 Cement manufacturer PPC is reaping the benefits of an upgrade to the cooler on one of the kiln lines at its Dwaalboom production facility, in the North West. PPC group technical services head Niru Govender says there has been a notable improvement in production capacity and the reliability of the... 

Cooler upgrade enhances  production capacity  and reliability
Photo by Bloomberg
QUALITY IS KEY PPC introduced revamped quality control and quality assurance systems as part of its commitment to continuous improvement
First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

Company Announcements

more

Topics In These Articles

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119 Close