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High Commissioner ‘seized’ with avoiding post-Brexit trade interruption with South Africa

By: Terence Creamer     23rd June 2017 British High Commissioner to South Africa Nigel Casey says he is currently “very seized” with ensuring that measures are put in place “timeously” to guarantee no interruption in the trade relationship between the UK and South Africa when Britain leaves the European Union (EU) on March 29, 2019.... 

Blanket increases in import duty put industry under pressure

By: Robyn Wilkinson     23rd June 2017 Although the implementation of a hot-rolled coil (HRC) safeguard duty in South Africa aims to protect and support the local steel manufacturing industry, its unintended consequences for downstream customers are placing further pressure on an economy already under stress, says fastener products... 

Increased customs duty on stainless steel fasteners an ‘oversight’

By: Robyn Wilkinson     23rd June 2017 Cape Town-based fastener supplier Fastenright is appealing to the International Trade Administration Commission of South Africa (Itac) to remove the customs duty that was implemented on stainless steel fasteners on April 1. 

One billion rand boost for the agriculture production sector to be revealed during South Africa’s premier food expo

     21st June 2017 Trade & Industry Minister Rob Davies will reveal full details of the new dti Agro-processing Support Scheme at a special presentation at Africa’s Big 7 next week The Department of Trade & Industry (dti) has chosen Africa’s premier food and beverage event to announce its one billion boost for... 

BEE Advisory Council mulls various new radical socioeconomic transformation proposals

By: Natasha Odendaal     20th June 2017 The Black Economic Empowerment Advisory Council (BEEAC) on Tuesday convened a special meeting in Pretoria to unpack new proposals, that emerged from a prior meeting, to accelerate the council’s mandate and pursue radical socioeconomic transformation. The workshop, convened by President Jacob... 

BBC commends unapologetic Rob Davies over R7m funding

By: African News Agency      15th June 2017 The Black Business Council (BBC) on Thursday commended the trade and industry minister Rob Davies for being unapologetic in providing it with funding, and also commended his commitment and continued support. This comes as the legality of the BBC funding was questioned after Davies revealed that... 

‘Not one’ CSR locomotive made in South Africa, economic research group claims 

By: Terence Creamer     14th June 2017 Research commissioned by independent economic research institution Trade and Industrial Policy Strategies (TIPS) has found that, despite local-content obligations, not one of the China South Rail (CSR) locomotives being procured by Transnet has been assembled in South Africa and that all have... 

The DTI lowers BBBEE ownership transactions threshold to R25m

By: African News Agency      13th June 2017 Trade and Industry Minister Dr Rob Davies has gazetted the threshold for major Broad-Based Black Economic Empowerment (BBBEE) ownership transactions, lowering it to R25-million, from the previous R100-million. “A Major BBBEE Transaction” means any transaction between entities or parties that... 

DTI, UNDP collaborate to promote intraregional trade

By: Megan van Wyngaardt     12th June 2017 The Department of Trade and Industry (DTI) and the United Nations Development Programme (UNDP) have signed a memorandum of understanding (MoU) to implement the Centre for Trade and Regional Industrialisation’s programmes. The Pretoria-based centre, launched by Trade and Industry Minister Dr Rob... 

Transnet sets up special review committee as locomotive-contract heat is turned up

By: Terence Creamer     9th June 2017 State-owned freight logistics group Transnet has established a special committee to review the company’s procurement processes, with a specific focus on the locomotive acquisition programme. The programme, and specifically the procurement of 359 electric locomotives from China South Rail (CSR),... 

Minister Rob Davies meets with Spanish Chamber of Commerce

     5th June 2017 The Minister of Trade and Industry, Dr Rob Davies, in support of Foreign Investment into South Africa participated in the Spanish Chamber Dialogues, a series of meetings with high profile and key decision makers within the country. This is the first of its kind between the Spanish Chamber and the... 

IDC raises black industrialist funding target to R7.4bn for FY18

By: Terence Creamer     5th June 2017 The Industrial Development Corporation (IDC) is budgeting to pick up the pace of lending to black industrialists during its 2017/18 financial year, during which it aims to increase approvals to around R7.4-billion, from R4.7-billion in 2016/17. Divisional executive for agro, infrastructure and... 

Braaivleis, rugby, sunny skies, but no Chevrolet

By: Riaan de Lange     2nd June 2017 “South Africa, what is your favourite meal? Braaivleis! Sport? Rugby! Weather? Sunshine! And what’s your greatest car, South Africa? Chevrolet. Let’s see: it’s braaivleis, rugby, sunny skies and Chevrolet, uhh? Well, you sure sound like South Africa to me . . .” Well, maybe not quite so much... 

Isuzu sees opportunity as it buys GM’s Port Elizabeth plant

By: Irma Venter     2nd June 2017 US vehicle manufacturer General Motors (GM) has announced that it will disinvest from South Africa as part of a global restructuring process. GM South Africa (GMSA) sells the Opel, Isuzu and Chevrolet brands in South Africa. 

Proudly SA develops tender monitoring system to track government compliance 

By: Megan van Wyngaardt     29th May 2017 Buy local advocacy campaign Proudly South African (SA) has developed an in-house tender tracking system to monitor government’s compliance with its own mandate to make local procurement a priority. The system trawls the websites of all three spheres of government, their agencies and entities,... 

DTI spends R42m on Hammanskraal industrial park security upgrades

By: Megan van Wyngaardt     26th May 2017 The Department of Trade and Industry has spent R42-million on security upgrades at the Babelegi industrial park, in Hammanskraal, which included the installation of invisible fencing, a control room, guard houses, swing gates and pedestrian gates, a new boom gate and high-mast lighting upgrades... 

Applications for new R1.5bn steel incentive open on June 1

By: Terence Creamer     25th May 2017 Economic Development Minister Ebrahim Patel released details on Thursday of a new R1.5-billion incentive for downstream steel manufacturers, which would be implemented from June 1. The incentive, officially named the ‘Downstream Steel Industry Competitiveness Fund’ is to be administered by the... 

DTI to reveal list of incentive beneficiaries by end-July

By: Megan van Wyngaardt     25th May 2017 The Department of Trade and Industry (DTI) on Thursday said it would, following a request for information from a number of stakeholders, release a list of beneficiaries across its incentives programmes at the end of July. The list will be made available along with an incentive report that details... 

DTI refuses to release list of black industrialist scheme beneficiaries for fear they will be ‘harassed’ 

By: Terence Creamer     23rd May 2017 Trade and Industry Minister Dr Rob Davies showcased four recipients of government’s flagship Black Industrialist programme (BIP) during his Budget Vote on Tuesday, but astonishingly refused to release the names of all 46 recipients of the non-refundable government grants and concessional loans.... 

Govt officials to receive training on special economic zones in China

By: African News Agency      22nd May 2017 A group of 34 Special Economic Zones (SEZs) practitioners and supporting sector specialists from the trade and industry department (dti), provincial departments, and agencies responsible for implementation of the SEZ programme leave for Tianjin in China on Monday to attend the 4th capacity... 

General Motors pulls out of SA, GMSA to become Isuzu Motors SA

By: Irma Venter     18th May 2017 US vehicle manufacturer General Motors (GM) on Thursday announced that it would disinvest from South Africa as part of a global restructuring process. GM South Africa (GMSA) sells the Opel, Isuzu and Chevrolet brands in South Africa. 

AMSA insists 12% hot-rolled-coil safeguard won’t translate into abrupt price hike

By: Terence Creamer     15th May 2017 Steel producer ArcelorMittal South Africa (AMSA) insists that the institution of a 12% safeguard duty on hot-rolled coil (HRC) from July 1 will not result in a commensurate rise in domestic prices for the primary-steel product, owing to a pricing agreement with government that regulates the... 

AMSA expects HRC steel safeguards from July 1

By: Terence Creamer     12th May 2017 JSE-listed steel producer ArcelorMittal South Africa (AMSA) expects imposition of safeguard duties on hot rolled coil (HRC) to come into effect on July 1, but says certain stakeholder processes still have to be completed before the decision is confirmed. Trade and Industry Minister Dr Rob Davies... 

Additional protection for SA’s embattled steel industry 

     11th May 2017 Trade and Industry Minister Dr Rob Davies has confirmed that additional protection is on the way for South Africa’s embattled steel industry. Engineering News editor Terence Creamer speaks to Creamer Media's Sashnee Moodley about the development. 

Sansa formalises support for Africa  

     11th May 2017 The South African National Space Agency has signed a Memorandum of Understanding with the NEPAD Agency. 

Advisory board says misinformation being spread about proposed Atlantis SEZ

By: Anine Kilian     8th May 2017 The Special Economic Zones (SEZ) advisory board says inaccurate dissemination of information regarding the application process to designate an SEZ in Atlantis, in the Western Cape, is concerning. “Information carried in various media sources over the last few months is aimed at applying undue... 

Davies promises support for downstream firms as he confirms steel safeguard duty  

By: Terence Creamer     8th May 2017 Trade and Industry Minister Dr Rob Davies confirmed on Monday that he had signed off on a hot-rolled coil (HRC) safeguard duty, but refused to be drawn on the duty level proposed until the Word Trade Organisation (WTO) had been notified. Speaking in Johannesburg at the release of the ninth... 

Davies to launch revitalised industrial park in Mthatha

By: Anine Kilian     5th May 2017 Trade and Industry Minister Dr Rob Davies will launch the first phase of the revitalised Vulindlela Heights industrial park, in Mthatha, in the Eastern Cape, on May 15. The first phase of the Department of Trade and Industry’s (DTI’s) Revitalisation of Industrial Parks Programme focuses on the... 

DTI to lead SEZ investment roadshow to China

By: Anine Kilian     5th May 2017 The Department of Trade and Industry (DTI) will lead a 25-member delegation drawn from all special economic zones (SEZs) in South Africa on an investment roadshow to the Chinese cities of Guangzhou and Shenzhen from May 6 to 11. The objective of the roadshow is to attract investors to the... 

Amended Forest Sector Code gazetted

By: Natasha Odendaal     2nd May 2017 Trade and Industry Minister Dr Rob Davies has approved the amended Forest Sector Code outlining transformation guidelines aligned to the Amended Codes of Good Practice for the forestry sector. “The forestry sector is one of the sectors that can stimulate and accelerate rural development, because... 

Maluti-A-Phofung Special Economic Zone, South Africa

By: Sheila Barradas     28th April 2017 The Maluti-A-Phofung Special Economic Zone was launched by President Jacob Zuma on April 25. 

Meeting 60% local content goal would transform economy, create 49 000 jobs

By: Irma Venter     28th 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... 

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... 

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