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Zuma again stresses drive for ‘radical economic transformation’ at launch of Free State SEZ

By: Anine Kilian     25th April 2017 The 103 ha Maluti-A-Phofung Special Economic Zone (MAP-SEZ) in Harrismith, in the Free State, forms an important part of government’s SEZ Programme, which is aimed at ensuring excluded areas of the country are developed and able to contribute to the country’s economic growth. Speaking at the... 

Western Cape to grow business ties with incoming French government

By: African News Agency      25th April 2017 The Western Cape Investment and Trade and Promotion Agency (Wesgro) said on Monday it was closely monitoring the remaining leg of the first round of France’s most contested and controversial election with the aim of growing business ties with France and the European Union (EU). Widely considered... 

Sacu makes formal request to initiate post-Brexit trade talks with UK 

By: Terence Creamer     21st April 2017 South Africa’s Trade and Industry Minister Dr Rob Davies reports that the Southern African Customs Union (Sacu) has written a letter to the UK government formally requesting the initiation of talks on the terms of the bilateral trade relationship that will be put in place when Britain exits the... 

Free State special economic zone to launch at month-end

By: Megan van Wyngaardt     18th April 2017 In its efforts to accelerate economic growth and development in designated regions of the country, government is set to launch the Maluti-A-Phofung Special Economic Zone (MAP-SEZ) in Tshiame, near Harrismith, in the eastern Free State, on April 25. Trade and Industry Minister Dr Rob Davies said... 

Kenyan fabricator enters partnership with welding institute

     14th April 2017 The Southern Africa Stainless Steel Development Association (Sassda) facilitated a visit for Kenya-based stainless steel fabricator Desbro Engineering to several South African counterparts, resulting in a training partnership between Desbro and the South African Institute of Welding (SAIW).... 

Barloworld launches incubation hub to assist SMME development 

     13th April 2017 Barloworld launched its Incubation Hub at its Barlow Park head office in Johannesburg, last month to assist small business suppliers and companies operating in its value chain in overcoming challenges, including market access, finance and skills that commonly impact on small, medium-sized and... 

Automotive industry key to future of South Africa’s manufacturing industry – Davies 

By: Shirley le Guern     6th April 2017 Trade and Industry Minister Dr Rob Davies has stressed that South Africa does not have the luxury to stop supporting its automotive sector, as has been the case in Australia, where the industry has come to an end.   “The auto industry is key to the future of manufacturing in this country and... 

Higher local content in SA-made vehicles could create 49 000 jobs, says Barnes 

By: Irma Venter     6th April 2017 Achieving 60% local content on vehicles assembled in South Africa will make a significant impact on the South African economy, including the creation of 49 000 new jobs and an additional R68-billion in gross domestic product, says Automotive Masterplan lead and B&M Analysts chairperson Dr Justin... 

Automotive Industry Gains Insight To Masterplan Development At NAACAM Show

     6th April 2017 The inaugural NAACAM Show reflected a significant  intent and strategy shift within South Africa's automotive sector. National Association of Automotive Component and Allied Manufacturers of South Africa President Dave Coffey  said  the stated  acceptance by  industry role-players of the need to... 

DTI approves R4.9bn in incentives for clothing, textile sector

By: Creamer Media Reporter      6th April 2017 South Africa’s clothing and textile sector has saved thousands of jobs with the assistance of the Department of Trade and Industry’s (DTI’s) production incentives programme within the Clothing and Textiles Competitiveness Programme. The DTI approved R4.9-billion in incentives, with more than... 

NAACAM Show tackles localisation and transformation with strong government support 3.30pm, Wednesday 5 April, Durban ICC

     6th April 2017 “With the NAACAM Show incorporating the Durban Automotive Cluster’s National Localisation Indaba now underway I am very pleased with the investment by eThekwini Municipality to attract and host the national automotive production industry to Durban” says Shunnon Tulsiram, Head of Economic... 

Localisation a key ‘policy tool’ for South Africa – Davies  

By: Anine Kilian     4th April 2017 Localisation is an important policy tool for industrial development in South Africa and will assist in growing the economy and the manufacturing sector, Trade and Industry Minister Dr Rob Davies said on Tuesday. Speaking at the 2017 Proudly South African Buy Local Summit, in Johannesburg, he... 

Automotive Masterplan In Focus At Naacam Show

     31st March 2017 The South African automotive industry will gain insight to the strategic direction of the soon to be finalised Automotive Masterplan at the NAACAM Show being held at Durban’s ICC on April 5-6. Work been done to finalise the masterplan and its associated policy levers is being done under the... 

Zuma’s night of the long knives

By: News24Wire      31st March 2017 President Jacob Zuma has fired Finance Minister Pravin Gordhan in his biggest Cabinet reshuffle yet since assuming office in 2009. In a brutal display of power, the president fired five ministers, including former tourism minister Derek Hanekom, who asked for Zuma to be recalled last year. 

UK committed to developing R&D and trade with South Africa

By: Keith Campbell     31st March 2017 The British Government has assigned up to £35-million from its Prosperity Fund to South Africa. This money will be disbursed over the remaining period of the current UK Parliament (that is, until 2020). This was pointed out by outgoing British High Commissioner to South Africa, Dame Judith... 

DTI optimistic about R4bn titanium beneficiation project in Richards Bay IDZ

By: African News Agency      27th March 2017 The launch of a new R4-billion titanium beneficiation project for manufacturing titanium pigment at the Richards Bay Industrial Development Zone (IDZ) next month is a significant and commendable milestone in South Africa’s mineral beneficiation and industrialisation paths, Trade and Industry... 

Economic transformation imperative for South Africa – Davies

By: Anine Kilian     24th March 2017 Trade and Industry Minister Dr Rob Davies on Friday highlighted what needed to be done to pursue radical economic transformation as an imperative for the advancement of more inclusive economic growth in South Africa. He said fundamental change was necessary in the structure, systems, institutions... 

South Africa asks World Bank to review ease-of-doing-business position in light of InvestSA initiative 

By: Terence Creamer     17th March 2017 The South African government has officially launched a new investment facilitation service, dubbed InvestSA, which it claims will dramatically reduce red tape for foreign and domestic businesses seeking to pursue greenfield or brownfield projects in the country. The service, which has both... 

Trade between South Africa, UK to remain unaffected by Brexit

By: Megan van Wyngaardt     13th March 2017 Trade and Industry Minister Dr Rob Davies met with UK Trade Policy State Minister Lord Mark Price on the sidelines of the inaugural Commonwealth Trade Ministers Meeting, last week, and reiterated that there will be no interruption in the trade between South Africa and the UK as a result of the... 

Davies confident that black industrialists will succeed

By: Creamer Media Reporter      10th March 2017 The Department of Trade and Industry is confident that the 27 black industrialists that are the grant recipients of an aggregate R577-million under the Black Industrialists Incentive Scheme will be successful. Trade and Industry Minister Dr Rob Davies believes these companies will succeed in... 

DTI content with mining equipment manufacturing sector collaboration

By: Creamer Media Reporter      9th March 2017 The Department of Trade and industry (DTI) on Thursday said it was “pleased” with the progress being made in developing South Africa’s mining equipment manufacturing sector under the umbrella of Mining Equipment Manufacturers of South Africa (Memsa). The department launched the initiative to... 

Impact of Africa on South Africa’s economic performance ‘underestimated’ – IMF 

By: Terence Creamer     9th March 2017 Sub-Saharan Africa (SSA) is currently the main destination for South African exports and its influence on the economic performance of South Africa is being “underestimated by many commentators”, International Monetary Fund (IMF) senior resident representative in South Africa Dr Montfort Mlachila... 

There will be no Brexit ‘cliff edge’ in UK-SA relations

By: Terence Creamer     8th March 2017 Outgoing British High Commissioner to South Africa Dame Judith Macgregor says there will be no “cliff edge” in the trade and investment relationship between the UK and South Africa when Britain leaves the European Union (EU), arguing that there is even potential to strengthen the relationship... 

Australian BPO company launches in Cape Town

By: Anine Kilian     7th March 2017 Business process outsourcing (BPO) company Merchants on Tuesday launched its Australian Offshore Business Process Services (BPS) campaign which will be serviced from Cape Town. Merchants has partnered with iSelect, an online Australian insurance, utilities and personal finance comparison website,... 

New duties on steel products indicative of South Africa’s ‘value-chain’ approach to protection 

By: Terence Creamer     6th March 2017 The International Trade Administration Commission of South Africa (Itac) confirms that it has recommended increased protection on several downstream steel products and that it is also considering recommending duties on a range of other value-added steel products in future. In addition, the... 

Brexit set to change SA’s bilateral economic relationship with the UK 

By: Keith Campbell     3rd March 2017 Last month, during the debate regarding the 2017 State of the Nation address in Parliament, in Cape Town, Trade and Industry Minister Dr Rob Davies highlighted: “[A]s the UK government prepares to trigger exit negotiations from the EU (European Union), we need to prepare for a new trade... 

Brexit set to change SA’s bilateral economic relationship with the UK

By: Keith Campbell     3rd March 2017 Last month, during the debate regarding the 2017 State of the Nation Address in Parliament in Cape Town, Trade and Industry Minister Dr Rob Davies highlighted that “[a]s the UK Government prepares to trigger exit negotiations from the EU [European Union], we need to prepare for a new trade... 

Government won’t allow poultry industry to be ‘decimated’ - Davies 

By: Terence Creamer     2nd March 2017 Trade and Industry Minister Dr Rob Davies is adamant that government will not stand by while its poultry industry is “decimated”, but acknowledges that there are also issues of industry competitiveness that should be addressed. Speaking this week during the Economic Sectors, Employment and... 

R1.3bn Atlantis fabrics manufacturing facility to create 200 jobs 

By: Kim Cloete     1st March 2017 A R1.3-billion fabrics manufacturing facility is to be built in Atlantis, in the Western Cape, creating 200 jobs. Czech company, PEGAS Nonwovens, will build the plant and will train Atlantis residents in the Czech Republic. 

Platinum needs marketing, marketing and more marketing – RBPlat 

By: Martin Creamer     28th February 2017 Embattled platinum needs ongoing marketing, with producers needing to invest in the promotion effort and ensure that the metal does not continue to be demonised by the anti-diesel hype, Royal Bafokeng Platinum (RBPlat) CEO Steve Phiri told investors, unionists, analysts and journalists on... 

Deadlock broken between Eskom and IPPs, Joemat-Pettersson insists 

By: Terence Creamer     28th February 2017 Energy Minister Tina Joemat-Pettersson says the “deadlock has been broken” between Eskom and the renewable-energy independent power producers (IPPs), with the National Energy Regulator of South Africa (Nersa) confirming its willingness to consider an application from the State-owned utility... 

AMSA unveils interim steel rail hub

By: Natasha Odendaal     24th February 2017 The official unveiling of the Isando Distribution Centre, in Germiston, on Friday, marked the next step in steel producer ArcelorMittal South Africa’s (AMSA’s) long-term initiative to migrate the bulk of domestic final product steel distribution from road to rail. Dedicated rail links between... 

Industry Desperate for Certainty on Carbon Tax

     22nd February 2017 Leading energy consultancy Cova Advisory has warned that there is a desperate need for certainty over South Africa’s planned Carbon Tax.   The warning came in the run-up to this week’s Budget, when Finance Minister Pravin Gordhan is widely expected to give an update on plans for the new tax.... 

Industry Desperate for Certainty on Carbon Tax

By: Creamer Media Reporter      22nd February 2017 Leading energy consultancy Cova Advisory has warned that there is a desperate need for certainty over South Africa’s planned Carbon Tax.   The warning came in the run-up to this week’s Budget, when Finance Minister Pravin Gordhan is widely expected to give an update on plans for the new tax. “On... 

Global Perspective At South Africa's Automotive Show

     17th February 2017 Up to 400 executive-level delegates, representing South Africa's automotive manufacturing industry will gather to confer with and learn from global experts at its official event, the NAACAM Show in Durban during April.   Acclaimed London-based, global thought leader and charismatic futurist... 

DTI promises fast-tracked support for downstream steel industry

By: Terence Creamer     17th February 2017 The Department of Trade and Industry (DTI) insists that measures to support the downstream steel industry in South Africa are a priority for government and are being fast-tracked. In a statement outlining the various interventions undertaken since 2015 to support a primary steel sector wracked by... 

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... 

NEF merges with IDC to advance development of black industrialists 

By: Megan van Wyngaardt     15th February 2017 The National Empowerment Fund (NEF) will become a wholly-owned subsidiary of the Industrial Development Corporation (IDC) in a move designed to better meet the considerable demand for funding by black entrepreneurs. The two entities were identified by government as central in implementing radical... 

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