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Davies raises concern over increasing trade protectionism

By: Creamer Media Reporter      20th October 2017 Trade and Industry Minister Dr Rob Davies on Friday raised concern over a rise in trade protectionism. Davies, attending the twentieth African, Caribbean and Pacific (ACP) Ministerial Committee meeting, in Brussels, this week, said sanitary and phytosanitary (SPS) measures and standards were... 

Malmström raises EU’s concern over South Africa's stance towards renewables IPPs

By: Terence Creamer     17th October 2017 European Commissioner for Trade Cecilia Malmström confirmed on Tuesday that she had communicated the European Union’s (EU’s) unhappiness over Eskom’s refusal to enter into contracts with renewable-energy independent power producers (IPPs), some of which are European, directly with the South... 

One year into new trade deal, European commissioner urges South African firms to take fuller advantage

By: Terence Creamer     11th October 2017 European Commissioner for Trade Cecilia Malmström will use her upcoming visit to South African to urge business to take fuller advantage of the recently concluded trade agreement between the European Union (EU) and six Southern African countries. The deal came into force just over a year ago on... 

DTI calls for resolution on outstanding Doha issues

By: Schalk Burger     10th October 2017 Trade and Industry Minister Dr Rob Davies on Tuesday called for outcomes to be developed for the outstanding issues of the Doha Development Agenda (DDA). Davies was in Morocco attending the World Trade Organisation (WTO) Informal Ministerial Gathering, which was attended by Ministers from the 164... 

UK unveils post-Brexit bilateral commitment to South Africa

By: Keith Campbell     6th October 2017 British International Trade Secretary (equivalent to Minister in South Africa) Dr Liam Fox announced on his recent visit to South Africa that his country’s export credit agency, UK Export Finance, has increased the funds available to South African enterprises buying British goods and to British... 

IFC backs BMW’s R6bn Rosslyn investment

By: Irma Venter     6th October 2017 The International Finance Corporation (IFC), a member of the World Bank, will assist in financing BMW Group South Africa’s (BMW SA’s) R6-billion investment in its Rosslyn plant, set to produce the new BMW X3. The $150 million loan comes as South Africa “seeks new sources of economic growth after... 

Fourth Industrial Revolution prioritises innovation – Davies

By: Keith Campbell     5th October 2017 Trade and Industry Minister Dr Rob Davies has highlighted the challenges being posed to the South African economy, and especially industry, by what is called the Fourth Industrial Revolution, or Industry 4.0. He was delivering the keynote address at the sixth Council for Scientific and Industrial... 

Caterpillar to localise components as part of R1.3bn empowerment deal

By: Terence Creamer     4th October 2017 US capital equipment giant Caterpillar has announced and equity-equivalent investment programme in South Africa through which it aims improve its black-empowerment rating by localising R1.3-billion-worth of components used in the construction and mining equipment it sells domestically through... 

Public hearings into Atlantis SEZ set for next week

By: Schalk Burger     4th October 2017 The Department of Trade and Industry (DTI) and the Western Cape Department of Economic Development and Tourism will host a public hearing session on the designation of the Atlantis Special Economic Zone (SEZ) for Green Technologies on Wednesday next week. The session will take place in Protea... 

Ideas that work for industrial development. The 6th CSIR Conference

By: Creamer Media Reporter      2nd October 2017 The 6th Council of Scientific and Industrial Research (CSIR) Conference themed ‘Ideas that Work for Industrial Development’, will take place at the CSIR International Conference Centre, Pretoria East on October 5 and 6 this year. 

Government visits China for SEZ study tour

     29th September 2017 Last month, members of the special economic zone (SEZ) advisory board from the Department of Trade and Industry (DTI) visited Beijing, in China, for a week-long study tour.  

Musina-Makhado special economic zone Energy and Metallurgical Cluster, South Africa

By: Sheila Barradas     22nd September 2017 The Department of Trade and Industry has issued an operator’s permit for the special economic zone. 

More British funds for trade with South Africa and renewed bilateral commitment to post-Brexit trade

By: Keith Campbell     20th September 2017 British International Trade Secretary (equivalent to Minister in South Africa) Dr Liam Fox announced in Pretoria on Wednesday that his country’s export credit agency, UK Export Finance, has increased the funds available to South African enterprises buying British goods and to British companies... 

IFC provides $150m loan to assist BMW SA’s production plans

By: Irma Venter     20th September 2017 The International Finance Corporation (IFC), a member of the World Bank, will assist in financing BMW Group South Africa’s (BMW SA’s) R6-billion investment in its Rosslyn plant, set to produce the new BMW X3. The $150 million loan comes as South Africa “seeks new sources of economic growth after... 

South Africa leads AU trade ministers in discussions on WTO issues

By: African News Agency      19th September 2017 South Africa’s Minister of Trade and Industry Dr Rob Davies and Deputy Minister Bulelani Magwanishe have returned from Ethiopia where they attended the Informal Meeting of African Union Ministers of Trade on World Trade Organisation (WTO). The meeting took place at the African Union Headquarters... 

Davies approves operator for Musina-Makhado SEZ

By: Creamer Media Reporter      18th September 2017 The Department of Trade and Industry has issued a special economic zone (SEZ) operator’s permit for the Musina-Makhado SEZ to South African Energy Metallurgical Base, a subsidiary of Chinese conglomerate Shenzhen Hoi Mor Resources. The permit, approved by Trade and Industry Minister Dr Rob Davies... 

TFTA negotiations to conclude by end 2017

By: Schalk Burger     15th September 2017 Facilitated by the Tripartite Free Trade Area (TFTA), market-access negotiations between the Southern African Customs Union (Sacu) and the East African Community (EAC) will conclude by the end of 2017, enabling the regions to benefit from intra-regional trade as soon as possible. The primary aim... 

New study points to 90% renewables mix being least cost by 2050 

By: Terence Creamer     15th September 2017 New analysis conducted using updated cost assumptions for solar photovoltaic (PV), onshore wind and batteries shows that the share of renewable energy in an electricity mix that would also be the least cost for South Africa could grow to above 90% by 2050. Such a portfolio, the study indicates,... 

South African companies to seek mining opportunities in China

By: African News Agency      15th September 2017 The minister of trade and industry, Rob Davies, said on Friday that China has agreed to support South Africa and Africa’s initiatives of industrialisation and mineral beneficiation as the country embarks on a drive to better exploit its mineral resources. Davies said in a statement that that... 

Number of black industrialists supported by DTI scheme rises to 62

By: Terence Creamer     12th September 2017 The Department of Trade and Industry (DTI) reports that the number of Black Industrialist Scheme (BIS) beneficiaries has increased to 62 and that the incentive is well on its way to meeting its target of supporting 100 black industrialists by the end of the current fiscal year. Trade and Industry... 

Task team set up to address lack of adherence to local-content regulations

By: Terence Creamer     12th September 2017 Trade and Industry Minister Dr Rob Davies reports that a task team has been established to assess how to improve local-content enforcement across government departments and the State-owned companies (SoCs) in line with instruction notes issued by the National Treasury. The instruction notes... 

Atlantis Special Economic Zone designation application published for comment

By: African News Agency      11th September 2017 The City of Cape Town, the Western Cape government, and GreenCape on Sunday welcomed “with great excitement” the notice by Trade and Industry Minister Rob Davies to designate Atlantis, north of Cape Town, a Special Economic Zone (SEZ). Davies has published the intention to designate the Atlantis... 

South African business delegation sets off for Russia

By: Natasha Odendaal     8th September 2017 A 20-member South African business delegation is heading to Russia next week to showcase their home-grown products and services at the 2017 World Food Moscow International Food Exhibition. Through its Export Marketing and Investment Assistance (EMIA) scheme, the Department of Trade and Industry... 

South Africa’s export strategy aims to boost capacity for value-added goods, services trade

By: David Oliveira     8th September 2017 The Department of Trade and Industry’s (DTI’s) Integrated National Export Strategy (INES) aims to help improve the global competitiveness of South African exporters and tap the export-led economic growth benefits that have flowed to other developing countries in recent decades. The strategy was... 

SA’s export strategy aims to boost capacity for value-added goods, services trade

By: David Oliveira     8th September 2017 South Africa's Department of Trade and Industry's (DTI's) Integrated National Export Strategy (INES) to help improve the global competitiveness of South African exporters and tap the export-led economic growth benefits that have flowed to other developing countries in recent decades. The strategy... 

DTI to assist black industrialists find a market in Uganda

By: Anine Kilian     28th August 2017 The Department of Trade and Industry (DTI) will take a group of black industrialists on an outward trade mission to Uganda from September 18 to 23 to assist them in the search for a market for their products.   The mission will include export-ready black industrialists operating in the economic... 

SA Businesspeople Depart For Mozambique Brimming With Optimism

     28th August 2017 A 20-member business delegation departs for Mozambique today where their companies will showcase their products and services in the 53rd edition of the Maputo International Trade Fair, commonly known as FACIM which is taking place from Monday 28 August to 3 September 2017. FACIM is an... 

Infrastructure deficit shaves 40% off Africa’s competitiveness

By: Natasha Odendaal     21st August 2017 Africa’s multibillion-dollar infrastructure deficit is not only severely hampering seamless regional integration, industrialisation and efficiencies, but is also detrimental to the overarching competitiveness of the emerging continent. It is believed that Africa could be losing in excess of 40%... 

Draft empowerment code for the defence industry gazetted

By: Keith Campbell     18th August 2017 Trade and Industry Minister Dr Rob Davies has approved and gazetted for public comment the draft Broad-Based Black Economic Empowerment (BBBEE) code for the defence industry, the Department of Trade and Industry (DTI) announced on August 4. In line with the BBBEE Act, there will now be a 60-day... 

Minister Rob Davies To Address Infrastructure Africa On 21 August 2017

     17th August 2017 Africa’s premier infrastructure event, the INFRASTRUCTURE AFRICA BUSINESS FORUM, is pleased to announce Minister Rob Davies of the South African Department of Trade & Industry will deliver the Ministerial on the 21st August 2017 to be held at the Sandton Convention Centre, Johannesburg.  This... 

Draft defence industry empowerment code gazetted

By: Keith Campbell     7th August 2017 Trade and Industry Minister Dr Rob Davies has approved and gazetted for public comment the draft Broad-Based Black Economic Empowerment (BBBEE) code for the defence industry, the Department of Trade and Industry (DTI) announced on Friday. In line with the BBBEE Act, there will now be a 60-day... 

FairPlay summit addresses plight of retrenched chicken industry workers

By: Anine Kilian     4th August 2017 Nonprofit development organisations and the private sector met this week to discuss the plight of thousands of chicken industry workers who have been rendered jobless as a result of dumped chicken imports. Dumped products – sold below the cost of production in the home country – have put the... 

UK reassures Sacu about future trade relations, reaffirms commitment to free trade

By: Keith Campbell     4th August 2017 The Southern African Customs Union (SACU) has welcomed the UK’s intention of preventing disruption of trade relations with other countries as it leaves the European Union (EU). This was affirmed in a Joint Statement issued by SACU and the UK following discussions between Trade Ministers from the... 

Atlantis to be designated as an SEZ

By: Natasha Odendaal     2nd August 2017 Trade and Industry Minister Dr Rob Davies is preparing to issue a gazette outlining an intention to designate the proposed Atlantis Special Economic Zone (SEZ). The SEZ Advisory Board-recommended action followed an application for designation by the Western Cape Department for Economic... 

Brics industry ministers adopt action plan to deepen industrial cooperation

By: African News Agency      31st July 2017 The second meeting of Brics (Brazil, Russia, India, China and South Africa) industry ministers held in Hangzhou in China has adopted a seven-point “action plan” on deepening industrial cooperation among Brics countries, the trade and industry department (DTI) said on Sunday. The action plan... 

Davies arrives in China for Brics trade and industry meetings

By: African News Agency      28th July 2017 South African Trade and Industry Minister, Dr Rob Davies, has arrived in China for the Brics Industry Ministers Meeting and Trade Ministers Meeting. The Department of Trade and Industry said on Friday that the two meetings would be preceded by officials’ meetings from the Brics countries, namely... 

FNB, DTI pledge to make finance, incentive access easier for black industrialists

By: Natasha Odendaal     25th July 2017 As the Department of Trade and Industry (DTI) marks some successes with its Black Industrialists Programme, the department and financial institution First National Bank (FNB) have inked a deal that will pave the way for improved access to finance for black industrialists. A collaborative pledge,... 

SA committed to increasing trade with Zambia, says DTI minister

By: African News Agency      21st July 2017 South Africa was committed to increasing trade and addressing the trade imbalance with Zambia. This was according to South Africa’s Minister of Trade and Industry, Dr Rob Davies, ahead of a two-day Outward Trade and Investment Mission to Lusaka, Zambia, from 24-25 July. 

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