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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. 

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. 

UK reassures SACU about future trade relations

By: Keith Campbell     20th July 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... 

South Africa signs tripartite free trade agreement

By: Anine Kilian     10th July 2017 South Africa last week signed the agreement establishing the Tripartite Free Trade Area (TFTA) during a meeting of the tripartite Sectoral Ministers Committee in Kampala, Uganda. The meeting was attended by the trade Ministers and officials from the Common Market for Eastern and Southern Africa... 

Musina intermodal terminal expected to improve cross-border trade

By: Schalk Burger     7th July 2017 The Musina Intermodal Terminal (MIT), launched in June, is set to reduce the cost of cross-border trade, especially for bulk commodities, on the North-South trade corridor. The terminal, about 3 km outside Musina and about 13 km from the Beitbridge border post, will serve to move commodities,... 

Zwane clarified definition of ‘black person’ with DTI before publishing Mining Charter 

By: Megan van Wyngaardt     6th July 2017 Although the Department of Mineral Resources did not have any consultation with the Broad-Based Black Economic Empowerment (BBBEE) Commission before publishing the Reviewed Mining Charter, it did consult with the Department of Trade and Industry on the definition of a black person. This was... 

Minister Davies to attend TFTA negotiations in Uganda

By: Megan van Wyngaardt     6th July 2017 A Tripartite Committee of Sectoral Ministers meeting, in Kampala, Uganda, set to start on Friday, will provide an update to the continent’s Ministers on the progress achieved in the Tripartite Free Trade Area (TFTA) negotiations. The TFTA marks an important step in promoting regional integration... 

Amended Property Sector Code gazetted

By: Creamer Media Reporter      3rd July 2017 The Amended Property Sector Code has been gazetted, making it legally binding to entities and organisations operating in the property sector, Trade and Industry Minister Dr Rob Davies said in a statement released at the weekend. Effective June 28, the Amended Property Sector Code, which was... 

DTI to implement policy interventions to curb poultry industry losses

By: Megan van Wyngaardt     28th June 2017 Rather than make findings on the current state of the poultry industry and the ongoing challenges it faces owing to the dumping of imported chicken products, the Department of Trade and Industry (DTI), together with the government-led Poultry Task Team, which was established in January, would... 

Govt launches R1bn agroprocessing investment support programme

By: Megan van Wyngaardt     28th June 2017 Government’s R1-billion agroprocessing support scheme (APSS), aimed at supporting brown- and greenfield investments in the local industry, was launched by Trade and Industry Minister Dr Rob Davies at the Africa Big 7 Food Forum and Saitex, in Midrand, on Wednesday. The APSS further seeks to... 

EAC-Sacu tariffs negotiations to conclude by end-July

By: Natasha Odendaal     27th June 2017 The tariff schedule negotiations under the free trade agreement (FTA) between partners in the East African Community (EAC) and the Southern African Customs Union (Sacu) are expected to be concluded by the end of July. The tariff schedules were an important, commercially meaningful step towards... 

Musina Intermodal Terminal to improve cross-border trade

By: Schalk Burger     26th June 2017 The Musina Intermodal Terminal (MIT), launched on Monday, is set to reduce the cost of cross-border trade, especially for bulk commodities, on the North-South trade corridor. The terminal, about 3 km outside Musina and about 13 km from the Beitbridge border post, will serve to move commodities,... 

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... 

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