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Legislative Environment News

Evidence of blatant corruption at Eskom unpacked at Parliament’s inquiry into State capture

By: Kim Cloete     17th October 2017 Parliament’s Portfolio Committee on Public Enterprises has kicked off its inquiry into alleged State capture with a report revealing “overwhelming evidence of grand corruption”, governance failure and a stream of irregularities at Eskom, South Africa’s largest State-owned entity. Research... 

EU remains focused on progressive trade policies, transparency

By: Natasha Odendaal     17th October 2017 Transparency, as well as balanced, inclusive and progressive trade policies remain top priorities for the European Union (EU) Commission as it shifts its trade approach in an ever-changing world to harness globalisation fairly. In recent years, global trade has come under immense negative... 

EU remains focused on progressive trade policies, transparency
Photo by Bloomberg
European Union Commissioner for Trade Cecilia Malmström

Mkhwebane seeks delay in Bankorp review – report

By: News24Wire      13th October 2017 Public Protector Busisiwe Mkhwebane has requested that a review of the Bankorp-CIEX report be postponed. According to a report by EWN, the Public Protector has asked the deputy judge president of the North Gauteng High Court to delay the review of the report until January 2018, following reports... 

 Mkhwebane seeks delay in Bankorp review – report
Photo by Reuters
Public Protector Busisiwe Mkhwebane

SAICA’s independent inquiry into KPMG finalizes terms of reference

By: African News Agency      13th October 2017 The South African Institute of Chartered Accountants (SAICA) on Friday said an independent inquiry into the conduct of some chartered accountants formerly employed by embattled audit firm KPMG would begin soon. In a statement SAICA chief executive, Terence Nombembe, said: “The independent inquiry... 

SAICA’s independent inquiry into KPMG finalizes terms of reference

Supreme court dismisses Zuma’s ‘spy tapes’ appeal

By: African News Agency      13th October 2017 The Supreme Court of Appeal (SCA) on Friday dismissed with costs the appeal by President Jacob Zuma and the National Prosecuting Authority (NPA) in the spy tapes saga. SCA Justice Eric Leach upheld the High Court’s view that the decision to withdraw 783 charges of corruption and fraud against... 

Supreme court dismisses Zuma’s ‘spy tapes’ appeal
Photo by Duane Daws
President Jacob Zuma

Nonconformance of standards exacerbates drought conditions

By: Nica Schreuder     13th October 2017 Fundamental conformities not being upheld during the manufacturing stages of pipe production has exacerbated South Africa’s current water scarcity, says plastics and polymer testing laboratory P.E.S.C. MD Graham Marsberg. “The basics of pipe manufacturing involves quality workmanship. This... 

Nonconformance of standards exacerbates drought conditions
CONFORMING TO STANDARDS SATAS or SABS accreditation is essential to ensuring reliable water infrastructure that adheres to strict standards

Pan-European bank celebrates 45 years in SA

By: Robyn Wilkinson     13th October 2017 Pan-European banking and financial services provider UniCredit will celebrate 45 years of successful service in South Africa this year, having provided support for European companies entering African markets from its Johannesburg-based representative office since 1972. 

Pan-European bank  celebrates 45 years in SA
FAR-REACHING NETWORK Headquartered in Milan, UniCredit has a unique Pan-European network that provides expertise to 25-million clients globally

WWF, AfDB partner on Africa Nationally Determined Contributions Hub

By: Mia Breytenbach     13th October 2017 Conservation organisation the World Wide Fund for Nature (WWF) and the African Development Bank (AfDB) have collaborated to advance the work of the Africa Nationally Determined Contributions (NDCs) Hub in addressing the impacts of climate change on the continent. The AfDB Climate Change and Green... 

WWF, AfDB partner on Africa Nationally  Determined Contributions Hub
Photo by Bloomberg
FOCUS AREA The Africa Nationally Determined Contributions Hub focuses on fostering of long-term climate action

When Cyril wins, he must send Zuma to live in Nkandla – Gordhan 

By: News24Wire      12th October 2017 When Deputy President Cyril Ramaphosa wins December's African National Congress (ANC) elective conference, he must send President Jacob Zuma to live in Nkandla, former finance minister Pravin Gordhan said on Thursday. Gordhan told a conference in Cape Town that his preferred candidate to become... 

When Cyril wins, he must send Zuma to live in Nkandla – Gordhan
Photo by Reuters
Former Finance Minister Pravin Gordhan

DTI proposes establishment of State-owned industrial parks association

By: Schalk Burger     12th October 2017 A State-owned industrial parks (SOIPs) symposium, hosted by the Department of Trade and Industry (DTI) on Wednesday, resolved that an SOIP association be formed to support the strategic planning of the SOIPs, while enhancing the business experience for firms operating from the SOIPs. The proposed... 

Testimony in Parly probe into Eskom / Gupta links to start next week

By: African News Agency      11th October 2017 The list of names of witnesses to be called to testify at a parliamentary inquiry into state capture at South Africa’s sole power utility, Eskom, has been finalised and the probe officially kicks off on October 17, a statement from the national legislature said on Wednesday. “The Portfolio... 

Testimony in Parly probe into Eskom / Gupta links to start next week

Sapma promotes industry interests through training courses

6th October 2017 As a means to prioritise the interests of the South African pump industry and pump manufacturing companies, the South African Pump Manufacturers Association (Sapma) has taken on projects designed to benefit the industry, in the form of pumps training courses. The Engineering Council of South... 

Sapma promotes industry interests through training courses
Photo by Duane Daws
DR OSWALD FRANKS The Engineering Council of South Africa provides advanced pumps training courses

Intra-industry dialogue crucial for components advancement

By: Robyn Wilkinson     6th October 2017 Given the multifaceted nature of South Africa’s automotive sector, intra-industry dialogue and collaboration are crucial to advancing the industry’s ability to provide high-quality products and much-needed employment in a rapidly evolving world, says Retail Motor Industry Organisation (RMI)... 

Intra-industry dialogue crucial for components advancement
Photo by Bloomberg
KEEPING PACE Advancing education and training in the automotive sector is crucial for keeping up with changes in technology and the local demand for skilled technicians

Local innovation key for growing automotive industry

By: Robyn Wilkinson     6th October 2017 Key to realising the growth potential of South Africa’s automotive sector is local innovation, albeit with due consideration to conditions and operating environments, as local companies are not always able to use international innovations and technologies, says enterprise resource planning (ERP)... 

Local innovation  key for growing automotive industry
PAULO DE MATOS South Africa is no laggard when it comes to the uptake of new technologies, especially in the automotive sector

Auditor general explains why he 'didn't pull plug' on KPMG

By: News24Wire      5th October 2017 The office of the auditor general decided not to pull the plug completely on KPMG as one of its partners in public sector auditing, pending an independent investigation into the firm’s conduct. Kimi Makwetu, auditor general, told members of Parliament on Thursday that his office engaged with the... 

 Auditor general explains why he 'didn't pull plug' on KPMG
Auditor General Kimi Makwetu

KPMG paid severance packages to top officials who left the company

By: News24Wire      5th October 2017 KPMG paid severance packages to its top leadership who left the company in September, the beleaguered auditing firm told Parliament on Thursday. KPMG CEO Nhlamu Dlomu, KPMG SA head of public sector Modise Maseng, and the interim chair of the auditor's policy board Gary Pickering appeared before... 

 KPMG paid severance packages to top officials who left the company

Caterpillar to localise components as part of R1.3bn empowerment deal

By: Terence Creamer     4th October 2017 US capital equipment giant Caterpillar has announced and equity-equivalent investment programme in South Africa through which it aims improve its black-empowerment rating by localising R1.3-billion-worth of components used in the construction and mining equipment it sells domestically through... 

Caterpillar to localise components as part of R1.3bn empowerment deal
Caterpillar Industries MD Zakieya Parker

Public hearings into Atlantis SEZ set for next week

By: Schalk Burger     4th October 2017 The Department of Trade and Industry (DTI) and the Western Cape Department of Economic Development and Tourism will host a public hearing session on the designation of the Atlantis Special Economic Zone (SEZ) for Green Technologies on Wednesday next week. The session will take place in Protea... 

NWK companies list on 4AX

By: Natasha Odendaal     28th September 2017 South Africa’s newest stock exchange 4 Africa Exchange (4AX) officially opened for trade on Thursday, welcoming its first two issuers listings, with about nine more in the pipeline. With the listings of agricultural businesses NWK Limited and NWK Holdings now under its belt, the journey of 4AX as... 

Auditing firm cuts ties with Gupta’s Oakbay

By: Sane Dhlamini     27th September 2017 The board of auditing firm Sizwe Ntsaluba Gobodo (SNG) has resigned as auditors of Gupta-owned Oakbay Resources and Energy Limited and its related entities. The auditing firm’s statement stipulates that this decision was made after a thorough assessment of its relationship with the company which... 

Auditing firm cuts ties with Gupta’s Oakbay

Competition Commission publishes code of conduct for automotive sector

By: Natasha Odendaal     26th September 2017 The Competition Commission on Tuesday called for input on a draft competition code of conduct for the automotive sector aimed at dealing with anticompetitive conduct concerns, as well as at enhancing transformation in the industry and fostering inclusive growth. Automotive industry participants,... 

Busa backs Cosatu’s anti-corruption, anti-State capture stance

By: Natasha Odendaal     26th September 2017 Business Unity South Africa (Busa) on Tuesday backed the Congress of South African Trade Union’s (Cosatu’s) calls against State capture and corruption; but distanced itself from the protest action due to be held on Wednesday. Cosatu and its members plan to embark on a legal national strike to... 

Busa backs Cosatu’s anti-corruption, anti-State capture stance

Gordhan: KPMG SA was a 'willing partner in State capture'

By: News24Wire      26th September 2017 Auditing firm KPMG SA was a “willing participant in State capture” and its leadership hasn't fully grasped the magnitude of what they were involved in, according to former finance minister Pravin Gordhan. He was in conversation with radio host Eusebius McKaiser on CapeTalk on Tuesday morning. 

 Gordhan: KPMG SA was a 'willing partner in State capture'
Photo by Reuters
Former Finance Minister Pravin Gordhan

KPMG booted off Business Leadership SA

By: News24Wire      22nd September 2017 The Board of Business Leadership South Africa (BLSA) has decided to suspend the membership of KPMG SA pending the outcome of an independent investigation into the organisation’s involvement in conduct related to “state capture” in South Africa. This follows a process of engagement with KPMG,... 

KPMG booted off Business Leadership SA

Legal framework offers model for enhancing transboundary infrastructure investment

By: Mia Breytenbach     22nd September 2017 The United Nations Economic Commission for Africa (Uneca) has unveiled the Model Law that provides a framework for the harmonisation of cross-border rules, regulations, laws and policies governing transboundary infrastructure projects in Africa. The Model Law was unveiled at the yearly Nigerian... 

Legal framework offers model for enhancing  transboundary infrastructure investment
Photo by Duane Daws
PAVING THE WAY The Model Law may aid in additional efficiency, transparency and accountability with regard to public and private sector engagement in transboundary infrastructure

Intercontinental alignment agrees to increased economic cooperation

By: Keith Campbell     22nd September 2017 The five member countries of the Brics alignment – Brazil, Russia, India, China and South Africa – are to strengthen trade and investment between themselves. This was affirmed in the “Xiamen Declaration” issued during the IX Brics Summit in the southeastern Chinese coastal city of Xiamen. The... 

Competition Commission welcomes merger filing fees increase, new merger threshold determination

By: Natasha Odendaal     18th September 2017 The Competition Commission on Monday lauded the planned increase in merger filing fees for intermediate and large mergers, as well as the new determination of merger thresholds, both effective October 1. This followed Economic Development Minister Ebrahim Patel’s gazetting of the amendments to... 

Despite NDP ambitions, South Africa weighed down by corruption, State capture

By: Natasha Odendaal     15th September 2017 It has been five years since the adoption of the National Development Plan (NDP), with a second commission having been appointed to drive its implementation, aimed at guiding South Africa’s economic and developmental future. However, the two goals most core to the NDP’s ambitions – reducing... 

TFTA negotiations to conclude by end 2017

By: Schalk Burger     15th September 2017 Facilitated by the Tripartite Free Trade Area (TFTA), market-access negotiations between the Southern African Customs Union (Sacu) and the East African Community (EAC) will conclude by the end of 2017, enabling the regions to benefit from intra-regional trade as soon as possible. The primary aim... 

TFTA negotiations to conclude by end 2017
South Africa Trade and Industry Minister Rob Davies, Ugandan Minister Amelia Anne Kyambadde, Deputy Ministers, and senior officials after the 11th bilateral TFTA meeting

Two pilots are safer than one – aviation expert 

By: Keith Campbell     15th September 2017 Proposals that airlines could move single-pilot operation, in place of the current system of pilot and co-pilot (more formally, Captain and First Officer), in order to reduce costs, are most ill-advised, affirmed Comair crew resource management specialist Michael Bowyer (himself a pilot) on... 

Two pilots are safer than one – aviation expert
Photo by Airbus
Airliners should always have a pilot and co-pilot: two unidentified Airbus test pilots on the flight deck of an A320

KPMG South Africa shakes out top management over Gupta scandal

By: Reuters     15th September 2017 Global auditor KPMG cleared out its South African leadership on Friday after damning findings from an internal investigation into work done for the Guptas, businessmen friends of President Jacob Zuma accused of improperly influencing government contracts. KPMG's investigation did not identify any... 

CoJ to implement new town planning and land use scheme

By: Schalk Burger     15th September 2017 The City of Johannesburg (CoJ) on Friday said it was developing a new Land Use Scheme to replace the current version, which had been in use since 1970. Members of the public have until October 13 to submit their comments on the draft scheme when the 60-day public consultation period comes to an end. 

Certification upholds international standards

15th September 2017 The Southern African Institute of Welding (SAIW) Welding Fabricator Certification Scheme, known as ISO 3834, is operated by independent company SAIW Certification, which is authorised by the International Institute of Welding (IIW) as South Africa’s Authorised National Body for Company... 

Welding key in driving economic growth

By: Nica Schreuder     15th September 2017 Welding has been dubbed the “miracle career” by Johannesburg-based training institute, the Southern African Institute of Welding (SAIW), owing to the number of opportunities associated with it. Manufacturing is essential for economic growth and with welding forming a significant part of... 

Welding key in driving economic growth
QCTO IN ACTION A trainee practising his gas-tungsten arc skills in the Southern African Institute of Welding welding school

Gap in aviation safety regulation is under scrutiny

By: Keith Campbell     8th September 2017 The South African Civil Aviation Authority (SACAA) is planning to discuss and examine the status of what are known as Air Traffic Safety Electronic Personnel (Atsep) in South Africa. Atseps are the engineering technicians responsible for the maintenance, repair and overhaul of ground-based air... 

Company champions enterprise development in fledgling waste industry

By: Nadine James     8th September 2017 Skills and socioeconomic development company Bosch Ulwazi launched the first phase of its three-year Enterprise and Supplier Development (ESD) programme in KwaZulu-Natal, in July. The Petroleum and Waste Recycling programme will assist in developing five businesses that will offer products and... 

Company champions  enterprise development in fledgling waste industry
ENTERPRISE DEVELOPMENT The programme encompasses project and operations management, mentoring and skills development, as well as assistance with International Organisation of Standardisation accreditation

SA’s export strategy aims to boost capacity for value-added goods, services trade

By: David Oliveira     8th September 2017 South Africa's Department of Trade and Industry's (DTI's) Integrated National Export Strategy (INES) to help improve the global competitiveness of South African exporters and tap the export-led economic growth benefits that have flowed to other developing countries in recent decades. The strategy... 

SA’s export strategy aims to boost capacity for value-added goods, services trade

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