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Trade News

Sacu makes formal request to initiate post-Brexit trade talks with UK

By: Terence Creamer     21st April 2017 South Africa’s Trade and Industry Minister Dr Rob Davies reports that the Southern African Customs Union (Sacu) has written a letter to the UK government formally requesting the initiation of talks on the terms of the bilateral trade relationship that will be put in place when Britain exits the... 

Trump administration, world financial officials clash over trade

By: Reuters     21st April 2017 The Trump administration had a simple but stark message for world financial leaders who gathered in Washington on Thursday amid worries about rising US protectionism: fair trade means tit-for-tat tariffs. Speaking to bankers just hours after the formal start of the International Monetary Fund and... 

African and global air freight and passenger traffic rose in February

By: Keith Campbell     21st April 2017 The growth in demand for air freight, measured in freight-tonne-kilometres (FTKs), in Africa increased by more than 10% in February, in comparison to February last year. African air passenger traffic, measured in revenue-passenger-kilometres (RPKs) jumped 7.1% over the same period. This has been... 

Bunkers improve product quality

     21st April 2017 Dutch axial control valve manufacturers Mokveld Valves BV has recently commissioned two new test bunkers for testing critical, high quality valve systems – used in process control applications for the oil and gas industries – thereby improving the quality and safety of the system. Mokveld, whose... 

Pressure, temperature transmitter launched for downhole applications

     21st April 2017 Last month, US-based Emerson Automation Solutions introduced the Paine 328-12-0010 pressure and temperature data logger and digital transmitter for process measurement and data logging in downhole drilling applications. The company notes that downhole drilling operators need to measure pressure... 

Pressure, temperature transmitter launched for downhole applications
PAINE 328-12-0010 It measures pressure and temperature with full-scale accuracy of about 0.05% and is able to withstand operating temperatures from -40 °C to 175 °C

Temperature transmitter ideal for numerous industries

By: Nadine James     21st April 2017 The DT722 relative humidity and temperature transmitter is ideal for the chemicals, food and beverage, as well as heating, ventilation and air conditioning (HVAC) industries because it offers accurate, stable measurement and control of humidity and temperature, says instrumentation and... 

Temperature transmitter ideal for numerous industries
VERSATILITY PERSONIFIED DT722 is suitable for measuring temperature and humidity in any controlled environment

Brazil again turning to private sector to undertake key infrastructure projects

By: Keith Campbell     14th April 2017 With the country slowly emerging from its worst recession in decades, with Federal Government spending now frozen, in real terms, by law, for the next 20 years, Brazil is again looking to the private sector to undertake or help undertake key infrastructure projects. Up to the mid-1990s nearly all... 

Company seizes opportunities in power sector

By: Nadine James     14th April 2017 Many utility power plants are approaching the end of their design life, with engineers conducting life extension studies for boilers and related auxiliary equipment. To accommodate a changing operating environment, redesigning components and equipment to replace those which have reached the end... 

Company seizes opportunities in  power sector
VERSATILE OFFERING Steinmüller Africa offers turnkey solutions for header-type, tube sheet-type, shell and tube heat exchangers

Container handling equipment well suited to African market

By: Nadine James     14th April 2017 Container handling equipment solutions provider Mobicon Systems’ mini straddle carriers have achieved significant success in African markets, specifically because of their low maintenance requirements, which ensure consistent functionality with minimal technical support, says materials handling... 

Container handling equipment well suited  to African market
COMPACT CONTAINER CARRIER The Mobicon 2T can carry containers safely inside a building, and under awnings to save operation time

HFO plant’s commissioning process under way

By: Nadine James     14th April 2017 Specialised oil and gas equipment supplier Energas Technologies started the commissioning process last month for the heavy fuel oil (HFO) storage facility it specifically designed for multidisciplinary engineering firm DRA Global. Energas’s scope for the project included the fabrication,... 

HFO plant’s commissioning process under way
HIGH FUEL OIL FACILITY he contract for the HFO storage facility design was was awarded to Energas in June 2016

Kenyan fabricator enters partnership with welding institute

     14th April 2017 The Southern Africa Stainless Steel Development Association (Sassda) facilitated a visit for Kenya-based stainless steel fabricator Desbro Engineering to several South African counterparts, resulting in a training partnership between Desbro and the South African Institute of Welding (SAIW).... 

Kenyan fabricator  enters partnership  with welding institute
LESLEY SQUIRES South Africa needs to look at partnership opportunities which encourage investment in manufacturing and infrastructure

DTI approves R4.9bn in incentives for clothing, textile sector

By: Creamer Media Reporter      6th April 2017 South Africa’s clothing and textile sector has saved thousands of jobs with the assistance of the Department of Trade and Industry’s (DTI’s) production incentives programme within the Clothing and Textiles Competitiveness Programme. The DTI approved R4.9-billion in incentives, with more than... 

Shipping group expects SA auto exports to continue to grow

By: David Oliveira     31st March 2017 Shipping group Safmarine believes the immediate outlook for automotive exports from South Africa is positive in light of ongoing investments by established and emerging original-equipment manufacturer (OEMs). Safmarine global key account manager Dave Everett notes that sector attracted major... 

UK committed to developing R&D and trade with South Africa

By: Keith Campbell     31st March 2017 The British Government has assigned up to £35-million from its Prosperity Fund to South Africa. This money will be disbursed over the remaining period of the current UK Parliament (that is, until 2020). This was pointed out by outgoing British High Commissioner to South Africa, Dame Judith... 

DTI sets aside R15bn for new investment in incentives

By: Natasha Odendaal     29th March 2017 The Department of Trade and Industry (DTI) has set aside R15-billion for projected investments across all incentives, and the entire budget for the new financial year is to be spent on efforts to industrialise the country and broaden the manufacturing sector, as reflected in its performance... 

Brazil is re-emphasising privatisations

By: Keith Campbell     28th March 2017 With the country slowly emerging from its worst recession in decades, with federal government spending now frozen, in real terms, by law, for the next 20 years, Brazil is again looking to the private sector to undertake or help undertake key infrastructure projects. Up to the mid-1990s nearly all... 

Agriculture department prefers 'measured approach' to poultry industry crisis

By: African News Agency      23rd March 2017 The department of agriculture preferred a more measured approach to dealing with the crisis in the South African poultry industry as opposed to the “trade war” with the European Union proposed by the Food and Allied Workers Union (Fawu), MPs were told on Wednesday. “As a department our view that... 

DTI urges captains of industry to take the lead in African trade

By: African News Agency      22nd March 2017 The South African Department of Trade and Industry (DTI) on Wednesday called on business leaders to take the lead in fighting poverty, unemployment and inequality on the continent through the promotion of regional trade. The department said in a statement that Seema Sardha, director of export... 

Climate change could have devastating effect on citrus crops

By: Anine Kilian     17th March 2017 Climate change could have a drastic effect on South Africa’s citrus crops, as pests, such as the Asian citrus psyllid, which causes the citrus greening disease, emerge in Africa. Speaking at the Agricultural Research Symposium 2017 in Centurion, on Friday, Agricultural Research Council (ARC)... 

Amid challenges, power sector offers massive opportunities

By: Nadine James     17th March 2017 Although the power and electricity sector in Africa faces massive challenges, it also offers massive opportunities, says Power & Electricity World Africa (PEWA) event organiser Terrapinn.  

Amid challenges, power sector offers massive opportunities
MOMENT IN THE SUN Africa’s largest power and electricity event offers innovative, cost-effective means of tackling Africa’s power challenges

Automation products on display at event

     17th March 2017 Industrial product supplier Magnet’s stand at the Power & Electricity World Africa 2017 conference and exhibition, taking place at the Sandton Convention Centre on March 28 and 29, will highlight the company’s Carlo Gavazzi automation products portfolio.  

Automation products on  display at event
ENERGY METER Carlo Gavazzi energy meters, current transformers and energy-efficiency monitoring solutions will be exhibited at stand J5

Govt’s involvement in promoting energy efficiency needed

     17th March 2017 Government should be more proactive and involved in encouraging energy efficiency, as it lies at the core of sustained economic growth, says the National Cleaner Production Centre of South Africa (NCPC-SA). This, along with the statement that industries and businesses must prepare more... 

Govt’s involvement in promoting energy efficiency needed
INDUSTRIAL ENERGY EFFICIENCY WORKSHOP The event held on February 22 focused on challenges of rising energy costs

Lack of reliable power supply hinders Africa’s growth – trade commission

By: Nadine James     17th March 2017 Despite an uptick in planned power-generation projects, it is still fair to say that Africa lacks reliable power supply, which has prevented the continent’s economies from developing in line with their potential, says Austrian Trade Commission Advantage Austria.  “The effects of the lack of... 

Lack of reliable power supply hinders Africa’s growth – trade commission
JOHANNES BRUNNER There is significant interest in Africa in terms of the opportunities available for companies in renewable-energy and energy-storage

Microgrid powers Kruger Park lodge resort

     17th March 2017 American battery manufacturer Aquion Energy last month announced the completion of  a newly installed offgrid microgrid at a nature lodge resort in Kruger National Park in South Africa, which consists of a 55 kWh Aquion Aspen battery bank, paired with a 10 kW solar array. Aquion, which... 

Microgrid powers Kruger Park lodge resort
WORTH ITS SALT The saltwater batteries have been sized to comfortably support the lodge's loads during overcast conditions

Power products on display at Solar Show Africa

By: Nadine James     17th March 2017 Global electronics company Omron Electronics will showcase its power-monitoring, power-management and energy-saving products at the Solar Show Africa 2017 – which runs alongside the Power & Electricity World Africa 2017 conference taking place at the Sandton Convention Centre on March 28 and 29.... 

Power products on display at Solar Show Africa
ONE OF A KIND Omron will use this African renewable-energy exhibition to display the only potential induced degradation

Stainless steel body hopes to boost product demand at event

By: Nadine James     17th March 2017 Industry body and lobby group the Southern Africa Stainless Steel Development Association (Sassda) hopes to drive demand for stainless steel products by exhibiting at Water Show Africa 2017, which runs alongside Power & Electricity World Africa held at the Sandton Convention Centre on March 28... 

Stainless steel body  hopes to boost product  demand at event
JOHN TARBOTON The Eiffel Tower competition will be launched for the first time at the event and first prize is an all-expenses-paid trip to Paris

UK remains committed to helping research and development in South Africa

By: Keith Campbell     16th March 2017 The British government has assigned up to £35-million from its Prosperity Fund to South Africa. This money will be disbursed over the remaining period of the current UK Parliament (that is, until 2020). This was pointed out by outgoing British High Commissioner to South Africa, Dame Judith... 

UK remains committed to helping research and development in South Africa
Photo by Duane Daws
Dame Judith Macgregor

Business Leadership South Africa disputes proposed customs functions transfer

By: Megan van Wyngaardt     15th March 2017 Business Leadership South Africa (BLSA) on Wednesday said it opposes the proposed transfer of the South African Revenue Services’ (Sars’) customs functions to a new border management agency, which is what the Border Management Agency Bill, currently before Parliament, proposes. “Sars must remain... 

Barloworld launches incubation hub to assist in SMME development

By: David Oliveira     14th March 2017 JSE-listed Barloworld on Tuesday launched the Siyakhula Incubation Hub at its Johannesburg offices to assist suppliers and other companies operating in its value chain to overcome challenges such as market access, finance and skills that tend to impact on small, medium-sized and microenterprises... 

Trade between South Africa, UK to remain unaffected by Brexit

By: Megan van Wyngaardt     13th March 2017 Trade and Industry Minister Dr Rob Davies met with UK Trade Policy State Minister Lord Mark Price on the sidelines of the inaugural Commonwealth Trade Ministers Meeting, last week, and reiterated that there will be no interruption in the trade between South Africa and the UK as a result of the... 

Frankfurt Airport seeks to increase its business with South Africa

By: Keith Campbell     10th March 2017 Germany’s number one international airport, Frankfurt, is seeking to increase its two-way air cargo trade with South Africa. This was highlighted at a media briefing at the recent 2017 Air Cargo Africa conference in Kempton Park, east of Johannesburg, by Fraport AG’s executive board member and... 

Global economics, politics cause uncertainty in chemicals manufacture

     10th March 2017 Volatile global political and economic conditions are making it difficult for South African companies to predict what 2017 holds as far as profitability is concerned, says leading admixture supplier, Chryso Southern Africa CEO and Chryso Group international VP Norman Seymore. The Chryso Southern... 

Global economics,  politics cause uncertainty in chemicals manufacture
NORMAN SEYMORE Chemicals manufacturers and companies in general are trading in unprecedented volatile and uncertain conditions

Glycol ether market worth $10-billion by 2024

     10th March 2017 A market research report titled ‘Glycol Ether Market: Global Industry Analysis and Forecast, 2016–2024’ compiled by American market research company Persistence Market Research (PMR) concluded that the glycol ether market, currently worth about $6-billion, is expected to exceed a value of about... 

Glycol ether market  worth $10-billion by 2024
Photo by Duane Daws
CLEANING UP THE MARKET The glycol ether cleaners segment will increase in value to more than $1.8-billion by 2024

Oil still main energy source in 2035 – petroleum company

     10th March 2017 Petroleum company British Petroleum’s (BP’s) 2017 Energy Outlook notes that oil, gas and coal will remain the main sources of energy for powering the world economy, accounting for more than 75% of total energy supply in 2035, compared with 86% in 2015.  According to the outlook, which was... 

Oil still main energy source  in 2035 – petroleum company
NEW KID IN TOWN Petrochemicals will take over as the main source of growth for oil demand by the early 2030s

Software provider renews refinery service agreement

By: Nadine James     10th March 2017 Process and operations control management specialist BluESP has renewed its yearly service agreement with a local refinery following the client’s decision to maintain its relationship with the company to ensure that the benefits achieved using BluESP’s advance process control (APC) technology... 

Software provider renews refinery service agreement
Photo by Duane Daws
OPERATIONS REFINED The technology has improved the refinery's processes, increasing throughput and reducing the overall carbon footprint

Supplier delivers products for chemical conveyance system

By: Nadine James     10th March 2017 Thermoplastic products supplier Astore Keymak – formerly Astore Africa – supplied and delivered several polymer plastic products to assist with the installation of a conveyance system at Omnia Group’s chemical subsidiary Protea Chemicals’ plant, in Wadeville. The project, a result of a... 

Supplier delivers products for chemical conveyance system
PROTEA CHEMICALS The installation project is the result of a long-standing working relationship between Astore Keymak and Protea Chemicals

Impact of Africa on South Africa’s economic performance ‘underestimated’ – IMF 

By: Terence Creamer     9th March 2017 Sub-Saharan Africa (SSA) is currently the main destination for South African exports and its influence on the economic performance of South Africa is being “underestimated by many commentators”, International Monetary Fund (IMF) senior resident representative in South Africa Dr Montfort Mlachila... 

Impact of Africa on South Africa’s economic performance ‘underestimated’ – IMF
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