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Global Perspective At South Africa's Automotive Show

     17th February 2017 Up to 400 executive-level delegates, representing South Africa's automotive manufacturing industry will gather to confer with and learn from global experts at its official event, the NAACAM Show in Durban during April.   Acclaimed London-based, global thought leader and charismatic futurist... 

DTI promises fast-tracked support for downstream steel industry

By: Terence Creamer     17th February 2017 The Department of Trade and Industry (DTI) insists that measures to support the downstream steel industry in South Africa are a priority for government and are being fast-tracked. In a statement outlining the various interventions undertaken since 2015 to support a primary steel sector wracked by... 

South Africa to be ‘resolute’ in using tariffs to protect domestic industry 

By: Terence Creamer     15th February 2017 South Africa will be “resolute” in using tariffs to defend domestic industry and support industrial development, particularly in light of moves towards greater protectionism in other countries, Trade and Industry Minister Dr Rob Davies said in his contribution to the State of the Nation debate on... 

NEF merges with IDC to advance development of black industrialists 

By: Megan van Wyngaardt     15th February 2017 The National Empowerment Fund (NEF) will become a wholly-owned subsidiary of the Industrial Development Corporation (IDC) in a move designed to better meet the considerable demand for funding by black entrepreneurs. The two entities were identified by government as central in implementing radical... 

South Africa to strengthen bilateral trade in shipbuilding with France

By: African News Agency      14th February 2017 South Africa has agreed to advance trade and economic relations with France in the shipbuilding industry. This comes after Trade and Industry Minister Dr Rob Davies had a courtesy meeting with the new French Ambassador to South Africa Christophe Farnaud, in Cape Town, on Monday. 

South Africa seeks agriculture boost in post-Brexit trade deal

By: Bloomberg     3rd February 2017 South Africa sees opportunities to sell more of its agricultural produce to the UK under a post-Brexit trade agreement, says Trade and Industry Minister Rob Davies. 

EU rebuffs South African claim of chicken imports being cause of industry distress 

By: Terence Creamer     31st January 2017 The European Union (EU) is strongly contesting arguments that its chicken exports to South Africa are the main cause of the current distress in the industry, asserting that “structural” problems in the South African industry are the main reason for its lack of competitiveness. Ambassador Marcus... 

Blue Monday or Brew Monday?

By: Riaan de Lange     27th January 2017 It is Monday, January 16, the third Monday of the month and of 2017. Does this day have any significance, you might ask? Well, it is said to be the most depressing day of this year. So, with this Blue Monday out of the way, the remaining days of 2017 should be much better, and future Blue Mondays... 

UK, SA strengthen trade ties

By: Creamer Media Reporter      25th January 2017 As the UK prepares to exit the European Union (EU), South Africa is engaging the country to strengthen existing trade ties and identify new mutually beneficial investment opportunities. South Africa’s Trade and Industry Minister Dr Rob Davies and the UK Secretary of State for International Trade... 

DTI to spend R216m upgrading industrial parks

By: African News Agency      25th January 2017 A R216-million upgrade of five industrial parks, which was about to get under way, would have a positive impact immediately with most of the labour and construction materials being procured from those areas, the Department of Trade and Industry said on Tuesday. The department said in a statement... 

UK investors set to help South Africa's outsourcing industry

By: African News Agency      24th January 2017 Key role-players in the UK’s Business Process Services (BPS) industry with operations in South Africa have agreed to work with the Department of Trade and Industry (DTI) to enhance the country’s value proposition, the DTI said on Tuesday. The decision to set up a technical working group was taken... 

Ramaphosa concludes ‘productive’ visit to Davos

By: African News Agency      20th January 2017 South Africa Deputy President Cyril Ramaphosa has concluded his visit to the World Economic Forum (WEF) annual meeting in Davos-Klosters, Switzerland, where he delivered the message that South Africa was hard at work and remained open for business. A statement from his office on Friday said... 

Gordhan takes a stand for emerging markets at WEF

By: News24Wire      18th January 2017 Although the US as a super economic powerhouse impacts the rest of the world, emerging markets also matter to the global environment. This was the message from Finance Minister Pravin Gordhan on the global stage at the World Economic Forum (WEF) in Davos on Tuesday.Wearing a black suit, white... 

Ramaphosa says South Africa has done well to survive a turbulent 2016

By: African News Agency      17th January 2017 South African Deputy President Cyril Ramaphosa sought to deliver a message of hope as he addressed the country delegation at the World Economic Forum in Davos, Switzerland, on Tuesday. Likening 2016 to the flight over to Switzerland, Ramaphosa said there had been turbulence but South Africa had... 

DTI responds to Malema's poultry tariff hike demand 

By: News24Wire      13th January 2017 The Department of Trade and Industry (DTI) has established a national committee that will consider the challenges local poultry producers currently face, according to Minister of Trade and Industry Dr Rob Davies. “The national committee, which includes the Department of Agriculture, Forestry and... 

Ramaphosa leads South African delegation to WEF

By: Creamer Media Reporter      13th January 2017 Deputy President Cyril Ramaphosa is preparing to lead a delegation from South Africa to the World Economic Forum (WEF), in Davos-Klosters, Switzerland, next week, the Presidency said on Friday. The WEF, held from January 17 to 20 and themed ‘Responsive and Responsible Leadership’, will host more... 

R150m optical fibre manufacturing facility opens in KwaZulu-Natal

By: Megan van Wyngaardt     14th December 2016 A new R150-million optical fibre cable manufacturing and distribution facility located within the Dube TradePort special economic zone, in Durban, on Wednesday started operations, six months after construction started. Trade and Industry Minister Dr Rob Davies welcomed the investment in the... 

SASSDA Facilitates Cross Border Initiatives With Leading Kenyan Stainless Steel Fabricator

     5th December 2016 A sassda facilitated visit by one of its members, Kenyan-based stainless steel fabricator Desbro Engineering to a number of South African counterparts has resulted in a training partnership between the South African Institute of Welding as part of a joint initiative to boost the skills base... 

African countries should diversify exports, urges Davies

By: Megan van Wyngaardt     29th November 2016 Trade and Industry Minister Dr Rob Davies on Tuesday emphasised the importance of export diversification and industrialisation in Africa. Speaking in Addis Ababa, Ethiopia, where he was moderating the Africa Trade Week panel discussion on the Africa Growth and Opportunity Act (Agoa) and the... 

Manufacturing Circle releases first investment tracker survey results

By: Megan van Wyngaardt     25th November 2016 The Manufacturing Circle's newly launched Manufacturing Circle Investment Tracker (MCIT), released on Friday, stood at 70.3 points in the third quarter, well above the neutral 50-point level. The MCIT, which surveys local manufacturing enterprises, is aimed at assessing sentiment in this vital... 

Davies extends automatic recognition of empowering supplier status

By: Anine Kilian     17th November 2016 Trade and Industry Minister Dr Rob Davies has extended automatic recognition of empowering supplier status to all entities within South Africa until further determination. This extension is in line with Paragraph 1(d) of Notice 444 of 2015 Government Gazette Number 38799 issued on 15 May 2015. 

Defence charter draft released for public comment

By: Megan van Wyngaardt     16th November 2016 The Department of Defence and its acquisition vehicle Armaments Corporation of South Africa (Armscor) has released a draft of the Defence Sector Charter for public comment. The charter aims to accelerate black-economic empowerment in the defence industry over three years, setting an ownership... 

South Africa wins global outsourcing award 

By: Megan van Wyngaardt     14th November 2016 South Africa has been named the Annual Outsourcing Destination of the Year for 2016 by the Global Sourcing Association, which presented the award at a ceremony, held in the UK, that brought together more than 350 association members of the representative leading international outsourcing service... 

Manufacturing and diversification of economy is key driver to attaining economic growth – Davies

By: Creamer Media Reporter      8th November 2016 The Minister of Trade and Industry, Dr Rob Davies says that the manufacturing sector and diversification of the economy is a key driver to attaining South Africa’s economic growth objectives. Davies was speaking at the one-day Manufacturing Indaba Western Cape that is currently underway at the... 

Economic diversification critical to growth success – Davies

By: Natasha Odendaal     8th November 2016 As the Department of Trade and Industry (DTI) works to develop a dedicated agroprocessing incentive to attract investment, Trade and Industry Minister Dr Rob Davies has reiterated the importance of diversifying South Africa’s economy. The development and revitalisation of South Africa’s... 

Investors not dwelling on State of Capture report - Davies 

By: News24Wire      8th November 2016 Foreign direct investors have not bolted due to allegations in the Public Protector's State of Capture report, Trade and Industry Minister Rob Davies said on Tuesday. "Foreign direct investors do not respond to those things very much. Nobody is withdrawing as a result of those developments," he... 

AMSA reiterates call for safeguards as Itac probe advances

By: Terence Creamer     8th November 2016 JSE-listed steel producer ArcelorMittal South Africa (AMSA) has reiterated its call for additional import protection through safeguard duties, despite a “slight fall” in imports during the third quarter. In a quarterly operational update, CEO Wim de Klerk argued that imports remained high,... 

Amended construction code open for public comment

By: Megan van Wyngaardt     3rd November 2016 Trade and Industry Minister Dr Rob Davies has invited members of the public to provide input and comment on the recently gazetted draft amended Construction Sector Code, which sets a sector target of 35% black ownership. This target is higher than the ownership target for the generic codes and... 

Government incentives under review

By: Anine Kilian     26th October 2016 The 2016 Medium-Term Budget Policy Statement (MTBPS), which was tabled by Finance Minister Pravin Gordhan on Wednesday, indicates that various government incentive programmes are being reviewed. “Given increased pressures on the fiscus, these incentives, including direct transfers, tax and tariff... 

3M invests R120m in South African expansion

By: Anine Kilian     21st October 2016 Trade and Industry Minister Dr Rob Davies has welcomed the R120-million investment by US-based multinational 3M to expand its operations in South Africa. 3M is a science and technology company that produces thousands of products, including consumer, safety and graphics, electronics and energy,... 

African value chains key to building economic resilience, Davies avers

By: David Oliveira     21st October 2016 Intercontinental trade in Africa was key to provide impetus for industrialisation and more resilient economic growth, Trade and Industry Minister Dr Rob Davies noted during the the South African Chamber of Commerce and Industry’s (SACCI’s) presidential consultative group meeting in Johannesburg... 

Sacci calls on members to play part in averting ratings downgrade

By: David Oliveira     21st October 2016 South Africa’s current economic growth does not reflect the country’s potential and the South African Chamber of Commerce and Industry’s (Sacci’s) members must help build the economy and steer the country to success, says the chamber’s president Vusi Khumalo. Addressing delegates at the Sacci... 

Itac to make HRC steel safeguard recommendation in November

By: Terence Creamer     17th October 2016 The head of the International Trade Administration Commission of South Africa (Itac) reports that, following the completion of public consultations on the possible imposition of safeguard duties for hot-rolled coil (HRC) steel, the commission intends delivering its recommendation to Trade and... 

South Africa lands R1.3 billion pharmaceutical’s investment at Dube Trade Port (DTP) in KwaZulu-Natal.

     17th October 2016 The  KwaZulu-Natal Dube Trade Port Special Economic Zone has signed a Memorandum of Agreement with Cipla BIOTEC for the commercial terms of the R 1.3 billion investment of Cipla BIOTEC’s new biosimilars  manufacturing facility. The agreement was concluded on the margins of the BRICS Summit taking... 

Brics policy needs to benefit South Africa – Davies

By: Megan van Wyngaardt     14th October 2016 While exports between Brazil, Russia, India, China and South Africa (Brics) grouping countries have been growing at an average of 2.8% a year since 2010, South Africa’s export basket continues to be dominated by primary products and low-value-added products. As such, Trade and Industry Minister... 

South African economic Ministers advance the position of the global South in BRICS trade discussions

     14th October 2016 Ministers of Trade and Industry Dr Rob Davies and Small Business Development, Ms Lindiwe Zulu today wrap up their pre-BRICS Summit engagements in New Delhi, India. The Ministers were attending the 6th meeting of the BRICS Trade Ministers that was held on 13 October, 2016 in New Delhi, India. The... 

Industrial parks survey outlines industry strengths, weaknesses

By: Anine Kilian     12th October 2016 A survey of State-owned industrial parks has revealed that their use of a property management approach, as opposed to the cluster-based approach adopted by private industrial parks, will prevent the exponential growth envisaged, Department of Trade and Industry (DTI) regional industrial cluster... 

Sacci calls on members to help avert ratings agency downgrade

By: David Oliveira     6th October 2016 South Africa’s current economic growth does not reflect the country’s potential and the South African Chamber of Commerce and Industry’s (Sacci’s) members must help build the economy and steer the country to success, says the chamber’s president Vusi Khumalo. Addressing delegates at the Sacci... 

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