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Parks Tau

Parks Tau is a South African politician who serves as Minister of Trade, Industry and Competition. He is a member of the African National Congress and has held various senior positions in government and party structures. Tau previously served as Minister in the Presidency responsible for Planning, Monitoring and Evaluation, a role in which he oversaw the implementation of government programmes and policy coordination. Before entering national government, he was executive mayor of Johannesburg from 2011 to 2016, where he led the city's administration during a period of significant infrastructure development and economic challenges. His tenure as mayor saw him engage with issues of urban governance, service delivery and municipal finance. Tau has been involved in trade and industrial policy matters, particularly concerning tariffs, trade agreements and South Africa's participation in multilateral trade frameworks including the African Continental Free Trade Area and engagements with the World Trade Organisation. He works alongside Finance Minister Enoch Godongwana and other Cabinet members on economic policy coordination. Tau's portfolio encompasses oversight of bodies such as the International Trade Administration Commission of South Africa, which administers trade remedies and tariff policy. He has been active in negotiations with trading partners including the European Union, United Kingdom and United States, and in promoting sectors such as steel, renewable energy and battery manufacturing. His background in local government and national planning informs his approach to industrial strategy and trade policy.

Parks Tau Updates


Trade, Industry and Competition Minister Parks Tau speaks at the launch of the EU investment roadshow
EU aims to use investor roadshow to convert €12bn pledge into South African projects
1st June 2026 By: Terence Creamer

The EU, which announced a €12-billion investment package for South Africa in October, is undertaking investment roadshows in Johannesburg, Cape Town and Durban this week as part of efforts to... 


SABS outlines actions being taken after forensic probe confirms serious breaches
SABS outlines actions being taken after forensic probe confirms serious breaches
29th May 2026 By: Terence Creamer

The South African Bureau of Standards (SABS) says it has accepted the findings of a much-delayed forensic investigation confirming many of the serious governance, procurement, labour and... 


Trade, Industry and Competition Minister Parks Tau
Tau says Cabinet-approved industrial strategy to be backed by implementation plan
26th May 2026 By: Terence Creamer

Trade, Industry and Competition Minister Parks Tau says the themes of decarbonisation, diversification, and digitalisation will now anchor South Africa’s Industrial Development Strategy, following... 


Wheat
Grain SA, Sacota take legal steps over delayed implementation of revised wheat tariffs
25th May 2026 By: Marleny Arnoldi

Industry bodies Grain SA and the South African Cereals and Oilseeds Trade Association (Sacota) have taken formal legal steps following continued delays in the implementation of the revised wheat... 


South Africa increases tariffs on wide range of steel products to WTO bound rate
South Africa increases tariffs on wide range of steel products to WTO bound rate
19th May 2026 By: Terence Creamer

South Africa has officially raised import protection across a wide range of upstream and downstream steel products by between 10% and 30% – rates that are in line with the World Trade Organisation... 


A generic image of clear float glass
Itac maintains dumping duties on clear float flass from Saudi Arabia, UAE
13th May 2026 By: Lumkile Nkomfe

The International Trade Administration Commission of South Africa (Itac) has recommended that existing anti-dumping duties of between 10% and 45% on clear float glass be maintained after finding... 


An image of Competition Commissioner Doris Tshepe handing over the report to Trade, Industry and Competition Minister Parks Tau in Pretoria
Economy still highly concentrated, but positive trends abound, report shows
12th May 2026 By: Tasneem Bulbulia

South Africa’s economy remains highly concentrated, with about one-third to one-half of 228 economic subsectors still ranked as highly or moderately concentrated; however, there are positive trends... 


Trade, Industry and Competition Minister Parks Tau
Tau to designate new Limpopo SEZ following Cabinet approval
8th May 2026

Trade, Industry and Competition Minister Parks Tau reported on Friday that he would designate the Fetakgomo Tubatse Special Economic Zone (FTSEZ), in Limpopo, following Cabinet’s approval of the... 


An image from BMW's Rosslyn plant
BLSA CEO calls for scrapping of BBBEE amendments to support manufacturers
4th May 2026 By: Tasneem Bulbulia

Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has warned of possible consequences for manufacturers, from the Department of Trade, Industry and Competition’s... 


Trade, Industry and Competition Minister Parks Tau
IDC addresses public scrutiny, repositions itself
30th April 2026 By: Tasneem Bulbulia

South African development finance institution (DFI) the Industrial Development Corporation (IDC) has reaffirmed its commitment to supporting black‑owned and black-controlled enterprises, on the... 


BEE
South Africa law firms ask court to quash industry equity code
29th April 2026 By: Bloomberg

Some of South Africa’s biggest law firms have asked a court to set aside the nation’s policy governing Black ownership and representation in the profession, saying that its “unlawful” and... 


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