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SA’s ‘very old’ trade remedies

By: Riaan de Lange     7th June 2019 In 2003, the International Trade Centre (ITC) published a 290-page book on trade remedies, titled Business Guide to Trade Remedies in South Africa and the Southern African Customs Union – Antidumping, Countervailing and Safeguards Legislation, Practices and Procedures. I know this, as I was its... 

Anadarko says to supply Mozambique LNG to Japan's JERA, Taiwan's CPC 

By: Reuters     13th May 2019 Anadarko Petroleum said on Monday that a unit it jointly owns which markets gas from Mozambique has signed a long-term deal to supply liquefied natural gas to Japan's JERA and Taiwan's CPC. This is its first long-term deal to be announced since the US independent energy group said late last week... 

Nearly R3bn in investment raised for Cape Town, Western Cape in 2018/19

By: African News Agency      23rd April 2019 The Western Cape’s investment promotion agency Wesgro said on Tuesday it had helped secure R2.85-billion in investments in the province during the 2018/19 financial year which would be realised over a five year period and create nearly 1 000 jobs. It said this followed a successful fourth quarter... 

Supportive policy held up as key to unlocking Africa’s auto ambitions 

By: Irma Venter     12th April 2019 Policy certainty and flexible thinking will play an important role as Africa increasingly look to the automotive industry to grow its industrialisation footprint, says Thomas Schaefer, chairperson and MD at Volkswagen Group South Africa (VWSA), as well as chairperson of the African Association of... 

Supportive policy held up as key to unlocking Africa’s auto ambitions

By: Irma Venter     12th April 2019 Policy certainty and flexible thinking will play an important role as Africa increasingly look to the automotive industry to grow its industrialisation footprint, says Thomas Schaefer, chairperson and MD at Volkswagen Group South Africa (VWSA), as well as chairperson of the African Association of... 

International trade in fake goods surges

By: Riaan de Lange     12th April 2019 You might be well acquainted with ‘fake news’. The buzzword that is. Yes, the two are considered one. It was the 2017 word of the year, no less. But, as to whether we possess the ability to identify ‘real news’ from ‘fake news’, that is quite another matter. It is said to be “one of the greatest... 

Kingsgate insurers pay out

By: Esmarie Iannucci     11th April 2019 ASX-listed Kingsgate Consolidated has received $55-million from its political risk insurers after settling a legal dispute with the company. Kingsgate in March signed a binding heads of agreement with its insurance providers agreeing to a settlement that included the $55-million cash payment, and... 

‘Digital transformation’ transforming asset management

By: Creamer Media Reporter      11th April 2019 In today’s digital era, created by numerous powerful technologies also entering the industry of asset management, drastic changes are taking place. IoT (Internet of Things) and AI (Artificial Intelligence) have significantly influenced the practice of Total Productive Maintenance (TPM). TPM... 

Japanese capital equipment group remains confident about South Africa’s prospects

By: Rebecca Campbell     29th March 2019 The Japanese head office of the global capital equipment manufacturer Komatsu has recently approved the investment of R300-million by its South Africa-based subsidiary, Komatsu Africa Holdings (KAfH), in a re-manufacturing plant at KAfH’s new complex in Sunnyrock, Germiston (Ekurhuleni), just... 

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