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Press Office - ECIC

ECIC

ECIC is a self-sustained, state-owned national export credit agency. The Corporation is a registered financial service provider and regulated by the Financial Services Board (FSB). To be at the leading edge of medium/long term export credit and investment insurance business, with specific focus on project finance underwriting, customer needs, and prudent portfolio and risk management. To facilitate and encourage South African export trade by underwriting export credit loans and investments outside the country, in order to enable South African contractors to win capital goods and services' contracts in other countries.

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Wieland SA

28th June 2019 Wieland SA celebrates 45 years of supplying high-quality, semi-finished copper and copper alloy products to the local and export markets.  

‘Platinum Valley’ SEZ in three months – Patel 

By: Martin Creamer     26th June 2019 The legal entity for the Bojanala Platinum Valley Special Economic Zone (SEZ) in North West, which already has an investment pipeline in place, will be set up in the next three months, Trade and Industry Minister Ebrahim Patel promised on Tuesday evening. Fuel cell development is listed as the... 

Kibo mulls renewables cogeneration opportunities  

By: Simone Liedtke     24th June 2019 In line with its strategy of incorporating long-term renewable energy solutions into its existing coal power projects, Africa-focused Kibo Energy has signed a collaboration agreement with ESS Tech to develop suitable baseload electricity storage solutions. Having recognised the increasing need to... 

Libstar increases its competitiveness with new par-baked goods offering

By: Simone Liedtke     24th June 2019 Food and beverage producer Libstar Group has further increased its competitiveness by expanding its facilities to meet client requirements by converting a section of the group’s Amaro Foods facility, in Epping, into a par-bake facility.   

Standard Bank launches Africa China Agent Proposition in South Africa

By: Tasneem Bulbulia     21st June 2019 Standard Bank on Friday launched its Africa China Agent Proposition (ACAP), which connects African importers and Chinese exporters and facilitates trade financing and payments and collections that support Africa–China trade flow, in South Africa.     

On-The-Air (21/06/2019) 

By: Martin Creamer     21st June 2019 President Ramaphosa’s SONA commitment to look into the development of a hydrogen economy is of great significance; Transnet’s latest plans to rail manganese to the ports is an important boost for South Africa’s export potential; and South Africa should follow Australia’s example of allowing... 

As South African demand stagnates, auto exports set new records 

By: Irma Venter     21st June 2019 Automotive exports from South Africa had a positive 2018, setting a number of new records on the way up. In doing so, the industry managed to compensate for some of the losses seen in the South African new-vehicle sales market last year as the domestic economy continued its uphill battle, says... 

Trade figures at record high

By: Mc'Kyla Nortje     21st June 2019 In recent years, trade figures between South Africa and Germany have been at a record high with a trade volume of more than €17-billion last year, says Southern Africa German Chamber of Commerce and Industry (SAGCCI) CEO Matthias Boddenberg. He adds that there is a positive development of exports... 

Automation group aligns SA investment push with African growth potential

21st June 2019 Africa remains a key focus for automation and drive specialist SEW Germany, which continues to invest significantly in the South African subsidiary in order to ensure sustainable growth into the future, says SEW-EURODRIVE South Africa MD Raymond Obermeyer. “Germany is well aware of the potential... 

SA urged to home in on green-hydrogen export niche

By: Schalk Burger     21st June 2019 The technology to produce green hydrogen, which is produced by electrolysing water using renewable energy, in South Africa is becoming cost-effective enough to develop the capacity to sell the product in local and international industrial markets, says technical advisory services firm Kambuku... 

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