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Newsflash: New TERS and economic relief package released today
11th August 2021 Economic Relief Package for companies and employees Two distinct economic relief packages have been announced by national government. One to support business and one to support employees directly. These are: Package for Business The package of economic relief measures to support affected... →
Why is it important to grow manufacturing?
17th April 2018 Manufacturing Indaba will take place at the Sandton Convention Centre in Johannesburg on the 19th and 20th of June, 2018 and will be facilitated with the collaborative backing and strategic partnership of the Department of Trade and Industry (the dti) and the Manufacturing Circle, a corporate... →
Manufacturing in the Western Cape and the potential for Intra Africa Trade
7th November 2017 Manufacturing is the second biggest sector in the Western Cape and contributes about 15% to the South African manufacturing sector output. The province’s agro-processing sector has shown resilience during these tough economic times, and its renewables and green tech industries have received... →
Industry Desperate for Certainty on Carbon Tax
22nd February 2017 Leading energy consultancy Cova Advisory has warned that there is a desperate need for certainty over South Africa’s planned Carbon Tax. The warning came in the run-up to this week’s Budget, when Finance Minister Pravin Gordhan is widely expected to give an update on plans for the new tax.... →
Industry Desperate for Certainty on Carbon Tax
By: Creamer Media Reporter 22nd February 2017 Leading energy consultancy Cova Advisory has warned that there is a desperate need for certainty over South Africa’s planned Carbon Tax. The warning came in the run-up to this week’s Budget, when Finance Minister Pravin Gordhan is widely expected to give an update on plans for the new tax. “On... →
Certainty on Carbon Tax needed from this year’s Budget – Cova
By: Creamer Media Reporter 20th February 2017 With expectations of the long-awaited Carbon Tax being implemented in 2018, much more clarity and certainty will be needed from the 2017 Budget, which will be delivered by Finance Minister Pravin Gordhan on Wednesday. Currently, much uncertainty exists, with industry questioning policy certainty,... →
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... →
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... →
DTI partially reopens manufacturing incentive after months of inactivity
By: Terence Creamer 19th September 2016 Trade and Industry Minister Dr Rob Davies has announced the partial reopening of the popular Manufacturing Competitiveness Enhancement Programme (MCEP), the Department of Trade an Industry’s (DTI’s) flagship cross-industry incentive scheme, which has been suspended since October 2015, owing to... →
Incentives must remain crucial part of SA’s industrial policy arsenal
By: Duane Newman 3rd June 2016 I was heartened to hear Trade and Industry Minister Dr Rob Davies confirming the importance of investment incentives when he unveiled the latest iteration of government’s Industrial Policy Action Plan (Ipap) earlier this month. →
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