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Trade News

WTO Member African countries must ratify trade facilitation agreement – AUC Commissioner

By: African News Agency      2nd December 2016 African Union Commissioner for Trade and Industry, Fatima Haram Acyl called on African countries that are members of the World Trade Organisation (WTO) to ratify its Trade Facilitation Agreement. She said it created a blueprint for customs modernisation amongst its 162 members. 

Durban's Hilton Hotel undergoing major refurbishment

By: Dylan Slater     2nd December 2016 Scheduled for completion in May 2017, the Hilton Hotel Durban is undergoing a refurbishment project undertaken by professional services company Turner & Townsend as project managers.  

African countries should diversify exports, urges Davies

By: Megan van Wyngaardt     29th November 2016 Trade and Industry Minister Dr Rob Davies on Tuesday emphasised the importance of export diversification and industrialisation in Africa. Speaking in Addis Ababa, Ethiopia, where he was moderating the Africa Trade Week panel discussion on the Africa Growth and Opportunity Act (Agoa) and the... 

First African Trade Forum to discuss Continental free trade

By: African News Agency      29th November 2016 Aiming at creating a single continental market for goods and services, free movement of business persons and investments and expand intra-African trade among other things, the first ever Africa Trade Week 2016 was held in Addis Ababa on Monday. The Continental Free Trade Area (CFTA) is also... 

Agribusiness to face several challenges in the new year – Agbiz

By: Anine Kilian     25th November 2016 The South African agribusiness environment will be faced with various challenges in 2017, especially in terms of engaging with key land reform legislation, according to Agricultural Business Chamber (Agbiz) CEO Dr John Purchase, who delivered an agricultural industry forecast for 2017 on Friday.... 

Historical corporate social investment reaches end of useful life – ERM

By: Dylan Slater     25th November 2016 New, precise and penetrating methods of measuring social impact are driving radical revisions to corporate social investment (CSI) as practised by big business and global investors, according to sustainability consultancy Environmental Resources Management (ERM) Southern Africa.  

Inside the South Africa leg of Unilever’s globally recognised push for sustainability

By: Dylan Slater     25th November 2016 For the third consecutive year, consumer goods manufacturer Unilever has been rated as the Number 1 Top Employer in the manufacturing sector as well as the Number 1 Top Employer in the fast moving consumer goods sector in Africa by the Top Employers Institute. 

Inside the South Africa leg of Unilever’s globally recognised push for sustainability

Rail freight system will benefit economy, reduce road maintenance

By: Nadine James     25th November 2016 To limit the damage to the national and provincial road networks – primarily caused by heavy-duty freight vehicles – and cut down on resulting maintenance, government should ensure that South Africa has a workable and reliable rail freight service, says auditing and consulting firm KPMG. KPMG... 

Rail freight system will benefit economy, reduce road maintenance
DE BUYS SCOTT The establishment of a workable rail infrastructure would stimulate job creation and economic growth during the construction phase of rail-related projects

UK Premier seeks to protect globalisation by ensuring it is fairer

By: Keith Campbell     25th November 2016 British Prime Minister Theresa May has defended globalisation, while warning its downsides must be addressed to ensure continued public support for free markets and free trade around the world. She was delivering the annual Prime Minister’s speech to the Lord Mayor’s Banquet, in the Guildhall,... 

South Africa matters to the US – Ambassador Gaspard

By: Natasha Odendaal     22nd November 2016 In the wake of concerns and uncertainties surrounding South Africa’s future US trade structure since billionaire businessperson and US President-elect Donald Trump won what was described as the most personality-driven political election in US history, US Ambassador to South Africa Patrick Gaspard... 

South Africa matters to the US – Ambassador Gaspard

Cape Town manufacturer claims outboard engine design breakthrough

By: Dylan Slater     18th November 2016 The development of “world first” marine propulsion systems by Cape Town-based marine engines and drive gear company Caudwell Marine has been highlighted as the beginning of global reach into the commercial, recreational and military marine markets.  

Cape Town manufacturer claims  outboard engine design breakthrough
TURBO DIESEL The Caudwell 300 HP Axis outboard diesel engine uses a V6 engine format

Direct route helping SA improve trade with India

By: David Oliveira     18th November 2016 According to the 2016 H1 ‘Maersk Group India Trade Report’, India continues to shine as one of the largest containerised trade markets, registering significant growth of 11% in the first half of the year, with extensive opportunities existing for South Africa–India trade going forward. Increased... 

AMSA announces steel price increases from December 1

By: Terence Creamer     15th November 2016 Steel producer ArcelorMittal South Africa (AMSA) announced on Tuesday that it would be increasing prices on flat- and long-steel products from December 1 – a move it attributed to market movements, rising input costs and the need to staunch losses at its Vanderbijlpark Works. The group outlined... 

AMSA announces steel price increases from December 1

Exhibition seeks to boost ties between Africa, Asean States

By: Schalk Burger     9th November 2016 The Africa–Association of Southeast Asian Nations (Asean) Business Exhibition (AABE), to be held in Sandton, in November 2017, will seek to boost trade and business ties between two of the fastest-growing regions in the world. Singapore-based organising company Conference & Exhibition Management... 

Africa House publishes exporter finance support guide

By: Natasha Odendaal     9th November 2016 Africa House and Spoke Consulting on Wednesday unveiled a new information document outlining the financial instruments available to South African exporters to unlock their competitive edge in Africa. The new ‘Finance Compendium: Guideline of Funding and Investment Support for South African... 

Africa House publishes exporter finance support guide

AMSA reiterates call for safeguards as Itac probe advances

By: Terence Creamer     8th November 2016 JSE-listed steel producer ArcelorMittal South Africa (AMSA) has reiterated its call for additional import protection through safeguard duties, despite a “slight fall” in imports during the third quarter. In a quarterly operational update, CEO Wim de Klerk argued that imports remained high,... 

AMSA reiterates call for safeguards as Itac probe advances
Photo by Duane Daws
AMSA CEO Wim de Klerk

WTO’s director-general willing to serve second term

By: Megan van Wyngaardt     4th November 2016 As the World Trade Organisation (WTO) prepares to start the process for the appointment of a new director-general on December 1, WTO director-general Roberto Azevêdo, whose term ends on August 31, 2017, has confirmed his willingness to serve a second term. In a letter to WTO general council... 

Ageing infrastructure offers opportunities

By: Nadine James     4th November 2016 Fluid conveyance solutions provider Incledon has noted a growing trend towards high-density polyethylene (HDPE) pipe solutions, presenting its water infrastructure segment with a major growth opportunity, as South Africa’s ageing water infrastructure network requires serious government... 

Best practice guideline aims at enabling global competitiveness

By: Nadine James     4th November 2016 National resource efficiency programme the National Cleaner Production Centre of South Africa (NCPC-SA) has released its resource efficiency and cleaner production  (RECP) best practice guideline for the South African valve manufacturing industry. The objectives of the guideline are to ensure... 

Best practice guideline aims at enabling global competitiveness
VICTOR MANAVHELA The best practice guideline has been well received by the valves manufacturing industry

Company experiences growth despite difficult environment

     4th November 2016 Valve distributor TTV Fluval Group of companies is celebrating 18 years of success in the South African market, further illustrated and encapsulated by this year’s numerous successfully completed projects resulting in a total invoicing for valves and actuators amounting to more than R180-million.... 

Company experiences growth despite  difficult environment
SUBSEA VALVES Some of the valves supplied to national oil company PetroSA’s Mossel Bay FO Fields for R60-million

Equipment supplier extends safety range, introduces blanketing valve

     4th November 2016 Southern African specialised oil and gas equipment supplier Energas Technologies has introduced safety product manufacturer Protectoseal’s Series 10 2” tank blanketing valve (TBV) to the South African market. Introduced in  August, the company explains that the valve enables an effective method... 

Equipment supplier  extends safety range,  introduces blanketing valve
SAFETY FIRST The product enables tank blanketing which creates a blanket of inert gas in the tank’s vapour space to prevent atmospheric air from entering

Lithuania seeking trade partnership with South Africa

By: Keith Campbell     4th November 2016 The first ever trade mission to South Africa from Lithuania, although small, represented no fewer than six sectors of the latter country’s economy. The just-concluded mission is part of the small European country’s programme of diversifying its trade and investment partners and expanding into the... 

Localisation to come under the spotlight at Naacam’s April show

By: Dylan Slater     4th November 2016 The inaugural National Association of Automotive Component and Allied Manufacturers of South Africa (Naacam) Show, which will take place at the Durban International Convention Centre from April 5 to 7, 2017, is set to advance the interests of local manufacturers. 

Supplier introduces diaphragm valve to African market

By: Nadine James     4th November 2016 Valves supplier Astore Africa officially introduced the DK diaphragm valve to the African market at the Electra Mining Africa exhibition, held at the Johannesburg Expo Centre in September. Astore Africa product manager Francois van Vuuren notes that the DK range, developed by Italian industrial... 

Supplier introduces diaphragm valve to African market
DK DIAPHRAGM VALVE DK series is suited to industrial applications, specifically those pertaining to chemical and industrial processes or water purification

Valves supplier to extend foothold in municipal market

By: Nadine James     4th November 2016 Valve and steel supplier Stewarts and Lloyds (S&L) hopes to extend its market share in the municipal and civil engineering sectors, as it expects that the drive by government to effectively manage and optimise the water resources sector will result in several supply opportunities for local... 

Valves supplier to extend foothold in  municipal market
SALVALVE PRODUCTS The range includes several butterfly, gate, ball and resilient seal valves, strictly manufactured to local and international standards

SADC’s dependence on South Africa’s trade corridors slows

By: Natasha Odendaal     2nd November 2016 South Africa is at risk of being left behind as its neighbours ramp up port and corridor development and rapidly reduce their dependence on the Southern African powerhouse’s trade routes. With continued infrastructure-led growth, the changing dynamics in the Southern African Development Community... 

SADC’s dependence on South Africa’s trade corridors slows

Fruit SA signs MoU to access fruit market in China

By: African News Agency      2nd November 2016 Fruit South Africa has signed a Memorandum of Understanding (MoU) with the Peoples Republic of China in a bid to strengthen collaboration and to ensure market access for fruit between the two countries. In a statement on Wednesday, Fruit SA said its vice chairperson, Willem Bestbier signed the... 

South Africa, Norway should collaborate to grow oceans economy

By: Megan van Wyngaardt     31st October 2016 With only 17% of the world’s current protein source being ocean-derived, the blue economy not only holds significant potential for food security, but can also unlock further economic growth opportunities for South Africa. According to Norway Foreign Affairs Deputy Minister Tone Skogen, this is... 

South Africa, Norway should collaborate to grow oceans economy
Science & Technology Minister Naledi Pandor

Funding, procurement for road infrastructure projects problematic

By: Nadine James     28th October 2016 The methods of acquiring funding, as well as the public procurement process for road infrastructure projects need to be re-examined, as current models are problematic, says civil engineering consultancy WSP | Parsons Brinckerhoff Africa. WSP | Parsons transport and infrastructure divisional... 

Funding, procurement for road  infrastructure projects problematic
CAUTION CURVES AHEAD Challenges pertaining to the country's economy, government funding and public procurement has made it increasingly more difficult to develop road infrastructure

Government initiatives result in more road lighting projects

By: Nadine James     28th October 2016 The South African government’s drive to implement energy efficiency practices and maximise energy savings, along with its work with municipalities and State-owned power utility Eskom in the electrification of informal settlements and rural areas, has ensured that there are more opportunities for... 

Government initiatives  result in more road  lighting projects
DE HOEK PLAZA BEKA Schréder’s LEDlume-midi streetlight luminaires and its OMNIstar floodlights were used for the N3 Toll Plaza projects

Industry body calls for elimination of lead in road marking paint

By: Nadine James     28th October 2016 Paint manufacturers organisation South African Paint Manufacturing Association (Sapma) executive director Deryck Spence has approached the national standards authority South African Bureau of Standards (SABS) to request that it reformulates specifications for the use of lead pigments in road... 

Industry body calls for elimination of lead in  road marking paint
DANGERS UNDERFOOT Friction caused by vehicles tyres erodes the lead paint, which could result in pedestrians or drivers inhaling minuscule amounts of lead particulates

N7 upgrade enhances safety and set to facilitate traffic flow

By: Nadine James     28th October 2016 Civil engineering consultants SMEC South Africa  recently successfully completed the R400-million National Route 7 (N7) upgrade, which included the realignment and widening of the road to improve safety and enhance traffic flow. Completed in April, the reconstruction project was carried out on a... 

N7 upgrade enhances safety and set to  facilitate traffic flow
NEW & IMPROVED The R400-million N7 upgrade was carried out on a 27.7 km portion of road between the Western Cape towns of Citrusdal and Clanwilliam

South Africa, China seek to promote high-tech cooperation through expo

By: Keith Campbell     28th October 2016 The First South Africa/China Hi-Tech Exhibition, held recently in Sandton, north of Johannesburg, was intended to promote scientific and technological cooperation between the two countries, their research institutes and companies. “I hope that both sides use this platform to enhance their... 

Exporters’ playing field put under pressure as DTI manages budget constraints

By: Megan van Wyngaardt     27th October 2016 A reduced budget for the Department of Trade and Industry’s (DTI’s) Export Marketing and Investment Assistance (Emia) scheme and Sector Specific Assistance Scheme (SSAS), in the previous year, resulted in less support to exporters between 2014/15 and 2015/16. The overall Emia budget decreased... 

Exporters’ playing field put under pressure as DTI manages budget constraints

Preferential trade area between Sacu, Mercosur now in force

By: African News Agency      27th October 2016 The Preferential Trade Agreement (PTA) between the Common Market of the South America (Mercosur) and the Southern African Customs Union (Sacu) has come into force, the Department of Trade and Industry (DTI) said on Friday. Sidwell Medupe, DTI spokesperson said in a statement: “South Africa has... 

Lithuania seeks to expand business with South Africa through trade mission 

By: Keith Campbell     26th October 2016 The first ever trade mission to South Africa from Lithuania will arrive in the country on November 1. This is part of the European country’s programme of diversifying its trade and investment partners and expanding into the global economy. The trade mission will remain in the country until... 

Trade barriers in Africa deterring intraregional trade

By: Megan van Wyngaardt     25th October 2016 Nontariff barriers and trade facilitation challenges are two of the factors that prevent companies from engaging in intraregional trade. During a panel discussion at a Team Export South Africa (Tesa) workshop, in Midrand, New Partnership for Africa's Development Business Foundation CEO Lynette... 

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