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Nothing new in latest Ipap iteration

By: Riaan de Lange     27th May 2016 It is said that the English expression 'same old, same old', which means nothing has changed, evolved from the 1950s Japanese expression, samo, samo – but I am certain that this is so. Then there is the English expression 'much of a muchness', which is a great way of saying that two things are so... 

AMSA insists fair pricing does not equate to no price increases

By: Terence Creamer     25th May 2016 Steel producer ArcelorMittal South Africa (AMSA) dismissed suggestions again on Wednesday that its deal with government to raise steel import protection in return for fairer pricing – as well as jobs and investment guarantees – precluded it from increasing prices. The JSE-listed company was... 

Pneumatics company launches locally

     25th May 2016 Japan-headquartered pneumatics company SMC Pneumatics launched its South African office in Midrand last month, cementing its presence in 84 countries and creating a distribution and manufacturing centre to extend its service offering for other African clients.  

MPs demand to see Davies over steel price hikes

By: African News Agency      24th May 2016 Opposition MPs on Tuesday accused Trade and Industry Minister Dr Rob Davies of turning a blind eye to repeated steel price increases and demanded that he be called to explain government’s inaction. Democratic Alliance MP Dean McPherson said four steel price increases so far this year violated an... 

Next phase of auto policy to focus on black companies – Zuma

By: Irma Venter     24th May 2016 The next phase of automotive policy development would have a strong focus on creating black-owned suppliers in the automotive value chain, said President Jacob Zuma on Tuesday as he opened Toyota South Africa Motors’ (TSAM’s) new Fortuner and Hilux production lines in Durban. The Department of... 

Dürsot Food Corporation opens R100m tomato processing plant

By: Anine Kilian     23rd May 2016 Eastern Trading Company, trading as Dürsot Food Corporation, the controlling shareholder of AH-Vest, which produces All Joy products, on Monday launched a R100-million tomato processing plant in Modjadjiskloof, Tzaneen, to meet rising demand for tomato paste in South Africa. South Africa was... 

BURNING ISSUE

     20th May 2016 Trade and Industry Minister Dr Rob Davies attempted to use launch of the latest Industrial Policy Action Plan this month to give practical expression to government’s black-industrialist programme. Instead of releasing the 170-plus-page report at a hotel or a conference centre, it was unveiled at... 

Transnet Engineering targets big rise in third-party orders as OEM strategy evolves

By: Terence Creamer     19th May 2016 The engineering unit of State-owned Transnet has set a target of securing 40% of its revenue from third-party orders by 2021, which would represent a material increase from current levels of around 12%. The bulk of Transnet Engineering’s R10-billion in yearly revenues is currently derived from... 

Amid rising importer angst, NRCS to pilot new product authorisation system

By: Terence Creamer     17th May 2016 The National Regulator for Compulsory Specifications (NRCS) confirmed on Tuesday that it would, from July, begin piloting a new system for the issuance of Letters of Authority (LoAs) to importers requiring proof that their products meet South Africa’s compulsory specifications. CEO Asogan Moodley... 

DTI urged to consult widely on new rail, agroprocessing incentives

By: Terence Creamer     17th May 2016 Trade and Industry Minister Dr Rob Davies reaffirmed on Tuesday that government planned to pursue an increasing number of sector-specific incentive schemes, with an initial focus on the creation of new incentives for the agroprocessing and railways industries. Speaking at a business briefing... 

EC government wants more auto industry opportunities for black companies

     12th May 2016 The Department of Economic Development, Environmental Affairs and Tourism called on the automotive industry to shift the gears of its supply chain processes to open up opportunities for the previously disadvantaged companies. MEC for DEDEAT Sakhumzi Somyo made the call at Volkswagen South... 

South Africa moves to procure 600 MW gas-fired power project 

By: Terence Creamer     11th May 2016 The Department of Energy (DoE) has confirmed plans to procure a new 600 MW gas-fired power generation project, to developed as a public-private partnership. It is envisaged that the private ‘strategic partner’ will work with the State-owned companies (SoCs) to implement the project, with private... 

Davies weighs in on rail localisation

By: Terence Creamer     9th May 2016 Government was aware of the complaints surrounding the lack of progress in ensuring that localisation in Transnet’s locomotive procurement programme, Trade and Industry Minister Dr Rob Davies said on Monday. However, he gave an assurance that there was a plan, as part of the latest Industrial... 

Technical team set up to craft post-2020 automotive master plan

By: Terence Creamer     9th May 2016 Trade and Industry Minister Dr Rob Davies formally announced on Monday the establishment of a team of technical experts to develop a “post-2020 Automotive Master Plan”, which would guide support for the sector beyond the current Automotive Production and Development Plan (APDP). Speaking during... 

Ramaphosa to lead SA delegation to World Economic Forum in Rwanda

By: African News Agency      9th May 2016 Deputy President Cyril Ramaphosa will this week lead a high-level government and business delegation to the annual World Economic Forum (WEF) Africa scheduled for Rwanda’s capital Kigali from Wednesday. The Presidency on Monday said Ramaphosa will lead the delegation to the three day WEF... 

Govt remains focused on localisation, skills development in auto sector

By: Anine Kilian     6th May 2016 Localisation, transforming the South African economy into an inclusive one and skills development remained long-term goals for government, Trade and Industry Minister Dr Rob Davies said this week. Speaking at Volkswagen South Africa’s (VWSA’s) inaugural black-owned supplier’s day in Uitenhage, in... 

AMSA insists further protection still required despite recent price increases

By: Terence Creamer     6th May 2016 Safeguard duties, in addition to the 10% protection already introduced on a range of steel products entering South Africa, “remain critical in the short term to ensure the future sustainability of primary steel production”, ArcelorMittal South Africa (AMSA) said on Friday. Releasing an... 

Work to start this year on post-2020 auto incentive model

By: Irma Venter     29th April 2016 Some of the investment announcements made in the South African automotive industry in recent months reach beyond 2020, which is why work on a successor programme to the Automotive Production and Development Programme (APDP) will start this year, confirms Trade and Industry Minister Dr Rob Davies.... 

Patel praises AB Inbev R1bn investment in SA

By: News24Wire      22nd April 2016 Economic Development Minister Ebrahim Patel has welcomed the R1 billion of investment in South Africa to realise localisation as part of AB Inbev's offer to buy rival brewer SABMiller. “This is the largest financial commitment yet by a company in merger proceedings and is about four times larger... 

Comments sought on amended empowerment code for transport sector

By: Irma Venter     22nd April 2016 The Department of Trade and Industry has invited comment on the Draft Amended Transport Sector Code, which has been gazetted in terms of the Broad Based Black Economic Empowerment Act.   The transport sector code, one of the biggest sector codes, consists of eight subsector codes. It has been... 

SA defence company partners Saudi Arabian counterpart in new factory

By: Keith Campbell     22nd April 2016 South African defence company Rheinmetall Denel Munition (RDM) has helped set up a munitions manufacturing plant in Saudi Arabia in a venture with that country’s Military Industries Corporation (MIC), the Saudi Press Agency has reported. According to MIC head Mohammad Almadhi the establishment of... 

Govt officials to receive SEZ training in China

By: Creamer Media Reporter      21st April 2016 A group of 20 government employees – comprising Department of Trade & Industry (DTI) officials involved in the planning, development, management and operations of special economic zones (SEZs) in South Africa – will depart for Tianjin, China on Friday to participate in a month-long... 

DTI industrialisation goal boosted by R57bn in private-sector investment

By: Ilan Solomons     20th April 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 Wednesday. The Minister noted that... 

Govt committed to securing future of South African steel sector – Davies

By: Ilan Solomons     20th April 2016 Government will pull out all the stops to ensure the sustainability of the local steel manufacturing sector, Trade and Industry Minister Dr Rob Davies stressed on Wednesday. He noted during the Department of Trade and Industry’s Budget Vote that UK Prime Minister David Cameron recently had to cut... 

Manufacturing Circle pays tribute to Lubner

By: Natasha Odendaal     20th April 2016 The Manufacturing Circle has paid homage to the man it says played a fundamental role in promoting the interests of the South African manufacturing sector. Bertie Lubner, who died on Monday, had, along with then-PG Group CEO Stewart Jennings, established the Manufacturing Circle in 2008,... 

Davies pays tribute to late SA businessperson, Bertie Lubner

By: African News Agency      20th April 2016 Trade and Industry Minister Dr Rob Davies on Tuesday paid tribute to the late South African entrepreneur and businessperson Bertie Lubner. “Bertie played a significant role in the industrialisation of this country through the companies that he founded and ran with distinction. He was also a... 

Ford to invest R2.5bn as it gears up for new Everest SUV production at Pretoria plant

By: Irma Venter     15th April 2016 US car maker Ford will invest R2.5-billion to build the new Everest sports-utility vehicle (SUV) at its Silverton assembly plant, in Pretoria. The plant already produces the Ranger pickup for the local market, as well as 148 markets in Africa, the Middle East and Europe. It is the best-selling... 

CIPC, Nedbank partner to ease registration process for small businesses  

By: Anine Kilian     12th April 2016 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 in one process. The service... 

Draft code targets 10% black pilots, 35% black bus ownership, more women in taxi industry 

By: Irma Venter     11th April 2016 The Department of Trade and Industry has invited comment on the Draft Amended Transport Sector Code, which has been gazetted in terms of the Broad Based Black Economic Empowerment Act. The transport sector code, one of the biggest sector codes, consists of eight subsector codes. It has been... 

Work on APDP replacement programme to start this year - Davies

By: Irma Venter     6th April 2016 Some of the investment announcements made in the South African automotive industry in recent months reach beyond 2020, which is why work on a successor programme to the Automotive Production and Development Programme (APDP) will start this year, confirms Trade and Industry Minister Dr Rob Davies.... 

Ford invests R2.5bn to build new Everest at Silverton, exports to start in 2017

By: Irma Venter     5th April 2016 US car maker Ford announced on Tuesday that it would invest R2.5-billion to build the new Everest sports-utility vehicle (SUV) at its Silverton assembly plant, in Pretoria. The plant already produced the Ranger pickup for the local market, as well as 148 markets in Africa, the Middle East and... 

Bokpoort concentrated solar power plant project, South Africa

By: Sheila Barradas     1st April 2016 The project was officially inaugurated on March 14 this year. 

Black industrialists funding forum sifting through first 50 applications 

By: Terence Creamer     31st March 2016 South Africa’s black industrialists funding forum had its inaugural meeting in mid-March to consider 50 applications from aspirant black-owned manufacturing enterprises, Trade and Industry Minister Dr Rob Davies revealed this week. Speaking following a meeting with the Black Business Council... 

Localisation nets local manufacturers R54bn in tenders

By: Creamer Media Reporter      30th March 2016 The Department of Trade and Industry on Wednesday said that over 160 tenders to the value of R54-billion had been awarded to local manufacturers and suppliers over the past year. Trade and Industry Minister Dr Rob Davies, addressing the Buy Local Summit, in Sandton, explained that government’s... 

Localisation integral to growing economy, says Ramaphosa

By: African News Agency      30th March 2016 South Africa’s deputy president Cyril Ramaphosa on Wednesday punted localisation of goods and services as a silver bullet to the triple challenges of unemployment, inequality and poverty, saying it was integral to growing and sustaining the country’s economy. Ramaphosa said the economic cycle... 

New BBBEE Commission given teeth to tackle fronting 

By: Natasha Odendaal     29th March 2016 With fronting emerging as one of the “biggest abuses” of South Africa’s Broad-Based Black Economic Empowerment (BBBEE) Act of 2003, the newly established BBBEE Commission will provide government with the teeth to tackle what it effectively deems as fraudulent. Speaking to BBBEE Commission... 

No intention to temporarily remove duty on sugar imports – DTI

By: Tracy Hancock     29th March 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 undertaken by the International Trade... 

Zuma lauds Saudi visit

By: African News Agency      28th March 2016 President Jacob Zuma on Monday lauded economic and political relations between South Africa and Saudi Arabia following his two day official state visit to the Middle East country over the weekend. In a statement issued by the Presidency on Monday, Zuma said bilateral relations between the two... 

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