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Trade News

SA motor industry plan on offer to SADC

By: System Author 2nd April 1999 South Africa is planning to extend its motor industry development programme (MIDP) to the rest of Southern Africa, Engineering News can today report. Department of Trade and Industry director Johan Cloete reveals that it will offer the MIDP to all 11 countries currently participating in the... →

Bearing industry’s fortunes tied to economy

By: System Author 2nd April 1999 The acquisition of Fenner Power Transmission (FPT) by Bearing Man significantly extends the company’s range of top-quality branded products as well as its customer base, Bearing Man bearings division head Mohamed Kardar tells Engineering News. The company’s network now includes 65... →

Tourism development areas identified by study

By: System Author 2nd April 1999 The development of tourism infrastructure to support and stimulate tourism development and economic growth in South Africa may be on the cards following the completion of the Department of Environmental Affairs and Tourism’s infrastructure review in support of tourism development, reports... →

Projects are still eligible for tax holidays

By: System Author 2nd April 1999 Despite the announcement by Finance Minister Trevor Manuel that the tax holiday scheme (THS) would not be extended beyond its originally specified cut-off date of September 30, 1999, not all is lost for new or expansion projects that will begin production after this date. This is the word from... →

R21bn in black-empowerment trade

By: System Author 26th March 1999 R21-billion-worth of transactions in black-empowerment deals have been undertaken in 1998, reports Business Map, in this year’s black economic empowerment review. Business Map CEO Jenny Carghill said at the launch of the company’s 1999 publication, held in Johannesburg in March, that... →

Global storm batters South African defence industry

By: System Author 26th March 1999 THE economic crisis which has ravaged so much of the world has been extremely damaging to the South African defence industry, Engineering News can today report. In addition to the economic crisis in Asia, the global oil glut and the concomitant low oil price has spread recession to Middle Eastern... →

Spin-filter module cleans up industry costs

By: System Author 26th March 1999 South African industry could save hundreds of thousands of rands in maintenance costs with the introduction of a self-cleaning spin-filter module manufactured by US company Dollinger, Bona Filters MD Mike Ellis tells Engineering News. He explains that, in South Africa, the bulk of industry uses... →

Revolutionary infra-red drying system

By: System Author 26th March 1999 An innovative infra- red dye-drying sys- tem has been unveiled after running as a pilot project at the Mooi River Textiles plant in Kwazulu-Natal. The infra-red system, which is reportedly a world-first, is the brainchild of local company Radiant Processes and is set to revolutionise the local... →

Southern African free trade by January?

By: System Author 26th March 1999 Steady progress is being made towards the establishment of a free trade area (FTA) for the Southern African Development Community (SADC). A deal could be signed, ratified and implemented by as early as January 1 next year, Engineering News can today report. Two trade negotiating forums have... →

Trade-fair partnership formed

By: System Author 26th March 1999 The globalisation of world economies and markets requires organisers of leading trade fairs to think and act globally. This was exactly the prevailing mindset at Icam Asia, the trade fair for measurement and automation, which culminated in the foundation of a partnership between leading trade... →

Steel recovery not a given

By: System Author 19th March 1999 While July this year should see the start of a recovery in global sheet steel prices, it should not be taken for granted. Commodities Research Unit of London steel expert John Johnson warns that China and Japan will have negative growth this year and fairly stagnant economies in 2000 as well,... →

Export council in first mission

By: System Author 19th March 1999 The South African Capital Equipment Export Council (CEEC), the first export council to kick off following recommendations made in the cluster reports released last year, will launch its first outward selling mission next month. The value of the capital equipment industry sector in South Africa is... →

Special steel set to boost Newcastle works

By: System Author 19th March 1999 A breakthrough has been made in the production of special bar quality (SBQ) steel at Iscor’s Newcastle works in Kwazulu-Natal, which will see a boost in production of this high-value-added steel. A loss-making activity until February this year, SBQ steel production is now set to become a... →

Finishing touches for R110-million plant

By: System Author 19th March 1999 The finishing touches are being applied to a new R110-million lignosulphonate plant at Saiccor, Umkomaas, an operation owned by Lignotech SA, a joint-venture company established by Sappi and Borregaard Lignotech of Norway. The decision to invest in the plant was made in mid-1996, with the... →

Step-by-step guide to world markets

By: System Author 19th March 1999 The first edition of a long-awaited exporter’s manual has been launched by the Johannesburg Chamber of Commerce and Industry (JCCI). The JCCI exporter’s manual was compiled to encourage new and existing businesses to realise the advantages of trading wisely into world markets, and to... →

Tourism infrastructure audit 70% complete

By: System Author 19th March 1999 The chief directorate of tourism in the Department of Environmental Affairs and Tourism is well advanced in an audit of the country’s tourism infrastructure, Engineering News can today report. “The infrastructure audit is 70% complete – we’re now looking at the finer... →

African trade opportunities outlined

By: System Author 19th March 1999 For South African businesses, real opportunities exist in Africa, especially in the infrastructure, telecommunications and agro-industrial sectors, Engineering News can today report. “Many infrastructural projects in Africa are funded by the World Bank, the African Development Bank (ADB),... →

Division measures SA industry shortfalls

By: System Author 19th March 1999 The trade metrology division of the South African Bureau of Standards (SABS) is measuring up the shortfalls of industry to ensure fairness and consumer protection. SABS trade metrology manager Brian Beard explains to Engineering News that the department is busy with several projects on packaging... →

Don’t be misled by upswing – Rutter

By: System Author 12th March 1999 Artificial demand created in the machine tools industry by buyers trying to avoid the consequences of new tax laws coming into play by September this year could dangerously mislead suppliers, warns Machine Tool Merchants Association of South Africa chairperson Dennis Rutter. “As everyone... →

Small-traders’ Cape Town facility a success

By: System Author 12th March 1999 After a year in oper- ation, the small- traders’ facility at Epping fresh produce market, Cape Town, is exceeding all expectations in attracting business. Before the facility was completed, these traders had to conduct business on the loading ramps outside the market. This situation... →

SA becoming a truck dumping ground

By: System Author 5th March 1999 Illegal or ‘grey’ imports of heavy and medium vehicles are beginning to wreak havoc on the South African industry, Engineering News can today report. The problem has arisen as a result of the severely depressed market for commercial vehicles in Asia, following the meltdown of those... →

South Africa’s links with Belgium grow

By: System Author 5th March 1999 Oovershadowed, perhaps, by neighbours Germany, France and – across the Channel – the UK, Belgium is nevertheless a valuable and growing trading partner for South Africa, and one with whom this country runs a nice trade surplus. “We always run a trade deficit with South Africa... →

The miracle that became a crisis

By: System Author 5th March 1999 Japan demystified the ‘economic miracle’ that took place in the late 1970s when it resisted the effects of the second global oil crisis, by taking a hard knock economically in the 1990s. University of Tokyo professor Kiichi Fujiwara, speaking to members of the African Asian Society... →

What are we getting for our money? – Gill Marcus

By: System Author 5th March 1999 A KEY question that begs an answer as many South African government departments experience crippling financial crises is why, despite the huge increases in the funding allocated to departments such as education, there still remains an apparent lack of capacity. This was the view of Deputy Finance... →

Swaziland fridge manufacturer cools costs

By: System Author 26th February 1999 Swaziland refrigerator-manufacturing group Masterfridge has embarked on the second phase of its three-part profitability plan. CEO Geoff Mangan reports that, in the first phase, ending in December last year, the company’s overdraft was reduced by R14-million through the implementation of a... →

Steel giant urged to grow small; stay tall

By: System Author 26th February 1999 Just as Lewis Carroll’s Alice drank a potion to shrink herself down to a size which would enable her to pass through the door leading to a beautiful garden, so South African steel giant Iscor is hoping to do the same. In ‘growing itself smaller’, the firm hopes to boost margins... →

Environmental certification on the rise

By: System Author 26th February 1999 Why is environmental management so important? The backbone of environmental management is sustainable development, which covers the concept of needs and the idea of limitation imposed by the state of technology and social organisation on the environment’s ability to meet present and future... →

Cable-manufacturer empowering people

By: System Author 26th February 1999 Cable-maker Aberdare Cables has sold a 10% equity stake to empowerment group Kwezi Investments as part of a drive to further support economic empowerment. Valued at R162-million, the deal came into effect at the beginning of March, and will enable Kwezi Investments to assume an active role in the... →

Economic growth hinges on standards

By: System Author 26th February 1999 The lowering of import tariffs and their new transparency as a result of the General Agreement on Tariffs and Trade administered by the World Trade Organisation has led to other market access restrictions being exposed, most notably technical requirements which include standards, reveals Maurice... →

Growth vision for Southern African market

By: System Author 26th February 1999 What is the strategy for the future? We would like to grow the Southern African market, which still uses significantly less starch per capita than Europe or the US, less than a third of the usage in those markets. We see tremendous potential where economies are growing in Africa. There are three... →

Y2K complacency could bug South Africa

By: System Author 26th February 1999 Although South Africa is more prepared than many countries with regard to year 2000 (Y2K) compliance, there is certainly no room for complacency, warns Siemens Industry divisional MD Herman Singh. “Generally, South Africans are being proactive about Y2K compliance and, at some levels, we... →

Centre supports manufacturing sector

By: System Author 26th February 1999 The Port Elizabeth Regional Manufacturing Advisory Centre (Permac), which celebrated its first anniversary last month, has achieved remarkable successes in the manufacturing sector, reports Port Elizabeth Regional Chamber of Commerce and Industry spokesperson Denise van Huyssteen. In its first... →

Symposium sings praises of radio

By: System Author 26th February 1999 RADIO is a resilient technology that is going to help spearhead the digital age to millions of listeners across the world. This was the clear message delivered to more than 300 delegates from 33 countries at the Fourth International Digital Audio Broadcasting (Dab) Symposium held in Singapore.... →

‘Under one roof’ industrial trade show planned for Dbn

By: System Author 26th February 1999 WITH only 20 stands available for the 1999 Kwazulu-Natal Industrial Trade Show (Knits), the event looks set to provide local industrialists with the perfect opportunity to view all the latest products and services under one roof. The exhibition is scheduled to run at Durban’s Exhibition... →

Nuts and bolts of SA’s anti-dumping fight

By: System Author 19th February 1999 After some ten months of anxiety, South Africa’s beleaguered nuts and bolts manufacturers are finally able to breathe a sigh of relief. This follows a government announcement that it will impose provisional anti-dumping duties against China, Taiwan and Australia. The South African Fasteners... →

Numerous dumptrucks imported

By: System Author 12th February 1999 A number of Terex TA40 dumptrucks, powered by the Detroit Diesel Series 60, have been imported by local Terex agent Batemans. These 40 t trucks will be used in various mining and construction applications and the 6 →

South African company fires up exports

By: System Author 12th February 1999 DESPITE increased international competition and volatile economic conditions, Efco Furnaces ended 1998 on a high note by securing several big contracts. A mesh-belt conveyor was supplied to an existing client in the Eastern Cape on the strength of existing equipment and Efco’s ability to... →

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