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Call made for ‘broad coalition’ to reverse South Africa’s premature deindustrialisation

By: Terence Creamer     20th April 2018 A new no-holds-barred study of South Africa’s economic transformation over the past two decades concludes that the country has not only deindustrialised prematurely, but has also failed to materially transform its economic structure to one that encourages inclusive growth and development. Titled... 

UK, SA Trade Ministers hold talks in London

By: Rebecca Campbell     18th April 2018 South African Trade and Industry Minister Dr Rob Davies met with his British counterpart, International Trade Secretary Dr Liam Fox, on Tuesday on the margins of the Commonwealth Heads of Government Meeting in London, to discuss the bilateral trade relationship. They both expressed pleasure at... 

Solidarity worried about impact of US tariffs on South African steel industry

By: Simone Liedtke     11th April 2018 South African trade union Solidarity has expressed its concern about the possible impact of the import tariffs on steel and aluminium products recently announced by the US. The 25% import tariff on steel and the 10% tariff on aluminium affects the South African steel industry directly as the... 

Gauteng open for business as InvestSA OSS launched

By: Simone Liedtke     10th April 2018 Boosting investor confidence is critical to positioning South Africa as a premium destination for foreign direct investment. To assist in achieving this, Trade and Industry Minister Dr Rob Davies, together with Gauteng Premier David Makhura, on Tuesday launched the InvestSA One Stop Shop (OSS) in... 

Govt to launch investment centre in Gauteng

By: African News Agency      9th April 2018 South African government is set to launch a provincial InvestSA One Stop Shop (OSS) in Gauteng in a bid to attract investment in the province, the Department of Trade and Industry (the dti) said on Monday.  The dti said that the objective of the provincial InvestSA OSS is to provide professional... 

With respect, Prof, a counter point

     6th April 2018 In an article published in Engineering News in March, Professor Robert Lawrence warns us “not to be mesmerised by manufacturing and industrialisation and realise the economy is hugely diverse”.  He states that most jobs in the South African economy are likely to be created in the services sector.... 

Youth Employment Service to benefit 1m young people  

By: Marleny Arnoldi     27th March 2018 President Cyril Ramaphosa on Tuesday launched the Youth Employment Service (Yes) initiative – a business-led partnership with government, labour and society, that aims to empower one-million young South Africans between the ages of 18 and 34 through paid work experiences over the next three years.  

South Africa makes formal request for exclusion from US metals tariffs 

By: Terence Creamer     23rd March 2018 Trade and Industry Minister Dr Rob Davies has made a formal submission to the US requesting the exclusion of South Africa from the imposition of duties on steel and aluminium products. A provision allowing for country-based exclusions from a 25% increase in the steel tariff and a 10% duty on... 

5th Annual Manufacturing Indaba to Highlight Sector’s Impact on Job Creation

     22nd March 2018 Manufacturing Sector Proves to be Job Creation Engine of South Africa South Africa’s manufacturing sector remains one of the key contributors to GDP growth and direct employment, whilst other sectors – specifically the services sector – merely trigger a rise in employment as a result of the... 

DTI to spend R415m to upgrade 11 industrial parks

By: Anine Kilian     20th March 2018 The Department of Trade and Industry (DTI) will have spent R415-million on the revitalisation of 11 industrial parks, deputy director-general Lionel October said on Tuesday. Presenting the DTI’s annual performance plan to the Portfolio Committee on Trade and Industry, in Parliament, he said the... 

IP policy yet to be finalised

By: Marleny Arnoldi     19th March 2018 The Department of Trade and Industry (DTI) is still finalising its Intellectual Property (IP) policy, before submitting it to Cabinet for approval. DTI International Trade and Economic Development division director Marumo Nkomo on Monday said the IP policy ensures intra-governmental coordination... 

World Economic Forum 2018 says global infrastructure roll-out is key

     19th March 2018 Motheo Construction Group is ‘heartened’ by the finding in ‘The Future of Infrastructure’ report launched by integrated infrastructure delivery company AECOM at the 2018 World Economic Forum in Davos in January that adequate investment in infrastructure projects is crucial to national prosperity.... 

State firms and departments ‘obliged’ to implement B-BBEE Act 

By: Simone Liedtke     15th March 2018 Out of 195 compliance reports received from the Broad-based Black Economic Empowerment (B-BBEE) Commission, only eight were from State entities and government departments, representing a gross level of under compliance, Trade and Industry Minister Dr Rob Davies said on Thursday. None were from... 

Minister seeks better monitoring of local procurement compliance

By: Marleny Arnoldi     15th March 2018 South Africa has seen a slippage in State entities’ compliance with local procurement regulations, which the Department of Trade and Industry (DTI) seeks to rectify by introducing a tougher consequence management system. Trade and IndustryMinister Dr Rob Davies said on Thursday that corruption... 

June summit to focus on rural, township economy development

By: Marleny Arnoldi     14th March 2018 A township and rural economy summit will be held in June to discuss issues affecting rural economy development, Department of Trade and Industry (DTI) Rural and Township Industrial Economic Development programme director Mbofholowo Tsedu revealed on Wednesday. “By the end of the year, we want a... 

South Africa commits to new continental trade agreement

By: Megan van Wyngaardt     12th March 2018 The African Ministers of Trade (Amot) last week considered and approved – for submission to the extraordinary summit of the African Union (AU) Heads of State and Government – an agreement establishing the African Continental Free Trade Area (AfCFTA), as well as the protocols on trade in goods and... 

Government to finalise designation of Atlantis and Nkomazi SEZs

By: Marleny Arnoldi     6th March 2018 The Department of Trade and Industry (DTI) will finalise the designation of the Atlantis and the Nkomazi special economic zones (SEZs), located in the Western Cape and Mpumalanga, respectively, in the next financial year.  

the dti Leads Black Industrialists On Trade Mission To Mozambique

     5th March 2018 The Department of Trade and Industry will (the dti) lead a Black Industrialists (BI) business delegation to Mozambique on a mission to identify and explore trade and investment opportunities from the 4-10 March 2018. The delegation will also comprise of the Developmental Bank of Southern Africa,... 

The DTI leads black industrialists on trade mission to Mozambique

By: African News Agency      5th March 2018 The Department of Trade and Industry (dti) is leading a black industrialists business delegation to Mozambique on a mission to identify and explore trade and investment opportunities from March 4 to 10. Also in the delegation are representatives of the Development Bank of Southern Africa, the... 

Davies welcomes Whirlpool’s R100m investment

By: Nadine James     2nd March 2018 Trade and Industry Minister Dr Rob Davies has congratulated appliance manufacturer Whirlpool South Africa on its R100-million investment in a new manufacturing line that is expected to create about 100 jobs. The investment in the company’s plant, located in the Isithebe Industrial Park near... 

Long-suffering South African manufacturing sector hoping to reap Ramaphosa dividend

By: Dylan Slater     2nd March 2018 Prior to the Valentine’s Day resignation of now former President Jacob Zuma, popular industry sentiment pointed towards a modestly better year for South Africa’s struggling manufacturing sector on the back of a recovery in gross domestic product (GDP) growth and higher commodity prices. However,... 

Long-suffering SA manufacturing sector hoping to reap Ramaphosa dividend

By: Dylan Slater     2nd March 2018 Prior to the Valentine’s Day resignation of now former President Jacob Zuma, popular industry sentiment pointed towards a better year in terms of manufacturing and gross domestic product (GDP) on the back of a recovering commodities market.  

Study launched into economic impact of possible EV transition in South Africa 

By: Terence Creamer     23rd February 2018 A macroeconomic study into the impact of a possible transition in the South African transport market from internal combustion engine (ICE) vehicles to electric vehicles (EVs) has been launched. Initially proposed by the Department of Trade and Industry (DTI), the study is backed by the South... 

South Africa: The Department Of Trade And Industry And The South African Electrotechnical Export Council To Host African Delegation During The 2018 Africa Energy Indaba Conference

     19th February 2018 The Department of Trade and Industry (the dti) through Trade Invest Africa, in partnership with the South African Electrotechnical Export Council (SAEEC) will host a high level delegation from several African countries to participate at the annual Africa Energy Indaba Conference that is set to... 

Isuzu launches standalone South African business, new mu-X utility vehicle

By: Megan van Wyngaardt     16th February 2018 Isuzu Motors South Africa (IMSA) on Friday not only launched its standalone business at its manufacturing plant in Struandale, Port Elizabeth – apart from the General Motors brand, following the latter’s exit from South Africa last year –  but also showcased its new bakkie-derived sports utility... 

Davies assures DTI will weather budget constraints

By: Megan van Wyngaardt     16th February 2018 While the South African fiscus will face a tough Budget – to be tabled by Finance Minister Malusi Gigaba next week – Trade and Industry Minister Dr Rob Davies said his department would rise to the challenge and “work with whatever resources we get”. Speaking to Engineering News Online on the... 

Musina Intermodal Terminal

     2nd February 2018 The official opening of the Musina Intermodal Terminal (MIT) by Trade and Industry Minister Dr Rob Davies, in June 2017, signalled a new era of promoting regional economic integration through the lowering of transport costs by providing efficient intermodal and transshipment logistics solutions.... 

Trade and Industry Portfolio Committee appeals for bottled water price freeze 

By: Natasha Odendaal     31st January 2018 The Portfolio Committee on Trade and Industry is seeking an intervention to “rein in unscrupulous traders” who are taking advantage of Cape Town’s water crisis to increase the price of bottled water. The committee plans to ask Trade and Industry Minister Dr Rob Davies and the National Consumer... 

South African Ministers in Davos welcome tough action on SOEs

By: African News Agency      24th January 2018 South African Ministers in Davos for the World Economic Forum have welcomed the tough line and decisive action taken on state-owned enterprises, in particular Eskom which last week saw a shake-up at board and executive level. SA Trade and Industry Minister Dr Rob Davies, speaking to the African... 

South Africa must seize on optimism around growth prospects – Davies

By: African News Agency      24th January 2018 South Africa's Minister of Trade and Industry Dr Rob Davies said on Wednesday there was optimism around the country's growth prospects, partly helped by a more stable political outlook after the ruling ANC's December conference. Davies, who is in Davos, Switzerland, as part of the South African... 

Tech revolution will see 'serious winners and losers', warns Davies

By: African News Agency      23rd January 2018 There will be "serious winners and losers" as a result of the Fourth Industrial Revolution and South Africa needs to be properly prepared and positioned to reap the benefits, or be saddled with the negative consequences. This was according to Trade and Industry Minister Dr Rob Davies who said... 

Ramaphosa and SA delegation depart for WEF in Davos, Switzerland

By: African News Agency      22nd January 2018 Deputy President Cyril Ramaphosa and his delegation departed from Johannesburg on Sunday evening to participate at the World Economic Forum (WEF) annual meeting in Davos, Switzerland, the presidency said. The WEF meeting in Davos-Klosters is scheduled for January 23 to 26, under the theme... 

What the Amended B-BBEE codes mean for your industry

     17th January 2018 Amended B-BBEE Sector Codes and What they Mean for your Industry   The Department of Trade and Industry Minister, Rob Davies recently announced amendments to the Financial, Agricultural and Construction Sector Codes.   While these amendments have been long awaited and look to constantly improve... 

DTI invites black industrialists on Mozambique trade mission

By: Megan van Wyngaardt     12th January 2018 The Department of Trade and Industry (DTI) has invited black industrialists to apply for participation in a trade mission to Mozambique from March 5 to 9. The mission forms part of the implementation of government’s Black Industrialists Programme (BIP), which is aimed at promoting... 

DTI warns large-scale job creation not as simple as it seems

By: Dylan Slater     28th November 2017 The structure of the South African economy does not allow for the creation of large numbers of jobs, nor can it support a large number of new jobs at appropriate skills levels, the ‘State of Manufacturing 2017’ report has shown. One of the major reasons for the inability to create a large number... 

Growing domestic demand at heart of plan to create a million manufacturing jobs 

By: Terence Creamer     24th November 2017 The Manufacturing Circle released a plan on Friday outlining how South Africa could create a million jobs over a ten-year period through pursuing a series of reforms designed at stimulating demand for South African manufactured products and improving the investment climate. The 48-page document,... 

The Fourth Industrial Revolution is upon us and South African industry must adapt

By: Keith Campbell     27th October 2017 The Fourth Industrial Revolution, or Industry 4.0, is now under way. And there is no way that South African industry can avoid or escape it. Industry 4.0 embraces mobile connectivity, artificial intelligence, Big Data, the Internet of Things (IoT), next-generation robotics, additive manufacturing... 

The Fourth Industrial Revolution is upon us and SA industry must adapt

By: Keith Campbell     27th October 2017 The Fourth Industrial Revolution, or Industry 4.0, is now underway. And there is no way that South African industry can avoid or escape it. Industry 4.0 embraces mobile connectivity, artificial intelligence, “big data”, the Internet of Things (IoT), next-generation robotics, additive... 

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