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Trade News

Equipment manufacturer inaugurates new facility

By: Mia Breytenbach     15th September 2017 Heavy-equipment manufacturer Caterpillar has officially inaugurated its new parts distribution facility, near Johannesburg, in Gauteng. The 60 000 m2 facility consolidates two smaller parts-distribution sites – Linbro Park and Isando – and offers several advantages, including the ability to work... 

New acid gas scrubber up to standard

By: Robyn Wilkinson     15th September 2017 Testing, inspection and certification services provider TÜV Rheinland Quality Services South Africa has ensured that the design and fabrication of a new 15-m-long acid gas scrubber for one of South Africa’s largest fuel refineries has met all quality and safety requirements for pressure vessels. 

New acid gas scrubber  up to standard
Photo by Rolf Bille, TUV Rheinland AG
QUALITY AND SAFETY ASSURANCE The inspection process drew on the requirements of national pressure equipment regulations and international health and safety standards

New retail development to open in Walvis Bay

By: Mia Breytenbach     15th September 2017 The new R500-million Dunes Mall in Walvis Bay, Namibia, is in the final stages of completion, with its doors set to open next month. The mall is developed by South African property developer and investor Atterbury, in partnership with local developers Tradehold. 

New retail development  to open in Walvis Bay
SIZING UP The new 27 500 m2 Dunes Mall in Walvis Bay, will be the largest in the area and the second largest in Namibia

The six major economies reaffirm their commitment to free trade

By: Keith Campbell     15th September 2017 Leaders of six of the world’s ten biggest economies have reaffirmed their support for free trade, at two high level meetings held in Asia recently. The countries concerned are Brazil, China, India, Japan, Russia and the UK. In terms of gross domestic product (GDP) measured in purchasing power... 

Barloworld celebrates 90-year Caterpillar milestone

By: Dylan Slater     15th September 2017 Barloworld Equipment, which is the distributor and service supplier of US earthmoving equipment manufacturer Caterpillar, celebrated a 90-year partnership with Caterpillar in South Africa at the end of last month.  

Unctad report calls for ‘new New Deal’ policy to address inequalities

By: Ilan Solomons     14th September 2017 The global economy remains unbalanced in ways that are not only exclusionary, but also destabilising, posing substantial dangers for global peace and stability, according to the United Nations Conference on Trade and Development’s (Unctad’s) 2017 Trade and Development report titled ‘Beyond... 

Unctad report calls for ‘new New Deal’ policy to address inequalities
Photo by Duane Daws
Unctad senior economist Dr Diana Barrowclough

Complexities of CFTA leave completion date undecided, but much progress has been made

By: Natasha Odendaal     14th September 2017 The sheer scale and complexities involved in negotiating a single rule book for the trade of goods and services on a continent that is home to 54 countries at different levels of development and expertise leaves much uncertainty as to whether the singular agreement will be concluded and signed by... 

Capitalworks launches $300m sub-Saharan Africa investment company

     14th September 2017 Independent alternative asset manager Capitalworks Group has launched Africa Capitalworks, an investment company that will deploy permanent equity capital in midmarket companies in strategically selected sectors across sub-Saharan Africa, but excluding South Africa. Africa Capitalworks aims to... 

DTI shifts focus to localisation 

     13th September 2017 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the Department of Trade and Industry's lack of resources to further expand its incentive programmes and its decision to shift its focus to other instruments, such as localisation. 

DTI shifts focus to localisation
DTI shifts focus to localisation

Atlantis Special Economic Zone designation application published for comment

By: African News Agency      11th September 2017 The City of Cape Town, the Western Cape government, and GreenCape on Sunday welcomed “with great excitement” the notice by Trade and Industry Minister Rob Davies to designate Atlantis, north of Cape Town, a Special Economic Zone (SEZ). Davies has published the intention to designate the Atlantis... 

South African business delegation sets off for Russia

By: Natasha Odendaal     8th September 2017 A 20-member South African business delegation is heading to Russia next week to showcase their home-grown products and services at the 2017 World Food Moscow International Food Exhibition. Through its Export Marketing and Investment Assistance (EMIA) scheme, the Department of Trade and Industry... 

Infrastructure expansion will boost oil rig traffic

     8th September 2017 South African ports are projected to receive an injection of almost R44.4-billion over the coming five years from State-owned logistics operator Transnet, which will increase the number of oil rigs docking for maintenance and repairs in South Africa, says defence and security solutions supplier... 

Infrastructure expansion  will boost oil rig traffic
Photo by Bloomberg
INCREASED CAPABILITY Expansions of South Africa’s port infrastructure will increase the number of oil rigs docking for maintenance and repairs in the country

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

Importing refined fuels quicker and more financially viable for Africa

By: Robyn Wilkinson     8th September 2017 Rather than focusing time and finances on establishing new oil refineries, African countries should enhance their focus on a niche market strength that will enable them to become competitive in a global market, accepting that the import and storage of refined fuels is a quicker and more... 

Importing refined fuels quicker and more financially viable for Africa
RODRICK NAIDOO Countries that have their own crude resources and established mega-refineries could never be outpriced by a South African refinery

Thailand plans trade mission to South Africa

By: Natasha Odendaal     6th September 2017 A high-level Thailand trade delegation, led by the Department of International Trade Promotion (DITP) of the Ministry of Commerce of Thailand, will make its way to South Africa from September 18 to 22 to build trade links between the two countries. The delegation will comprise representatives of... 

Zuma calls for full implementation of sustainable development goals

By: African News Agency      5th September 2017 President Jacob Zuma has called for the “full implementation” of the Sustainable Development Goals (SDGs) as a means to eradicate poverty. He made his remarks during the Dialogue of the Emerging Markets and Developing Countries on the margins of the 9th Brics Summit in Xiamen, China, on Monday.... 

Revolutionary industrial changes set to shift the heavy haul industry

By: Kim Cloete     4th September 2017 Heavy haul rail operators across the world have been urged to adapt to rapid advances in technology and improvements in cybersecurity. “The Fourth Industrial Revolution will change everything. The rise in technology will be profound, but it will also open up bridges for us,” World Economic Forum... 

Industry support evident despite challenges

By: Victor Moolman     1st September 2017 Although the lack of meaningful government involvement has been one of the biggest challenges in the industry, the Aeronautical Society of South Africa (AeSSA) still get support from the Aerospace Industry Support Initiative (AISI), which is part of the Department of Trade and Industry’s... 

Local aviation industry needs to be technology ready

By: Victor Moolman     1st September 2017 With commercial aviation a market that is rapidly growing globally, aviation components supplier Aerosud Aviation MD Johan Steyn says there is a need to stay abreast of technological advancements if South Africa is to remain competitive in aviation manufacturing. Owing to this, he notes that,... 

Local aviation industry needs  to be technology ready
Photo by Duane Daws
HIGH-TECHNOLOGY INDUSTRY The Aerospace industry requires advanced technologies

Black industrialist bemoans lack of government support

By: Dylan Slater     1st September 2017 Engineering and fabrication company Oro Projects is struggling to make headway in the engineering and fabrication industry, owing to a lack of support from government departments and financial support institutions, which have been vocal about their willingness to assist black-owned industry.  

Black industrialist bemoans  lack of government support
Photo by Duane Daws
BLACK INDUSTRIALIST Oro Project’s Benoni-based plant is a large industrial fabricator with significant potential to skill and employ people

Studies point to favourable outlook for vanadium redox flow battery

By: Mia Breytenbach     1st September 2017 There is favourable demand for vanadium redox flow batteries (VRFBs), particularly in the utility and offgrid, as well as minigrid, markets, with demand to peak from 2025 to 2030. This is according to recently concluded market studies, commissioned by Aim-listed Bushveld Minerals’ energy... 

Studies point to favourable outlook for vanadium redox flow battery
Photo by Duane Daws
FORTUNE MOJAPELO There is no longer any doubt about the growth of energy storage globally to gigawatts of annual capacity and billions of dollars in market opportunity

Radebe calls for acceleration in achieving 2030 Agenda for SDGs, support from private sector

By: Ilan Solomons     31st August 2017 Countries worldwide are facing many substantial challenges at this critical juncture in history. Therefore, there is a vital need to ensure accelerated inclusive growth to achieve the 17 sustainable development goals (SDGs) of the 2030 Agenda for Sustainable Development, which were adopted by... 

Radebe calls for acceleration in achieving 2030 Agenda for SDGs, support from private sector
Photo by Duane Daws
Minister in the Presidency for Planning, Performance, Monitoring, Evaluation and Administration Jeff Radebe

Poultry industry challenges, drought negatively impact on RCL Foods’ FY17 profit

By: Mia Breytenbach     30th August 2017 The widely reported challenges facing the local poultry industry and the performance of JSE-listed RCL Foods’ chicken business unit decimated the company’s profits in the financial year ended June 30, with the company reporting a 0.8% decrease in earnings before interest, taxes, depreciation and... 

Poultry industry challenges, drought negatively impact on RCL Foods’ FY17 profit
Bloomberg

Outgoing economic counsellor sees big ‘untapped’ US-SA economic potential

By: Terence Creamer     29th August 2017 The US Embassy’s outgoing Economic Counsellor, Laird Treiber, says there has been a steady stream of American investment into South Africa during his three-year tour and that, notwithstanding the current hiatus in investment activity, economic relations are poised to expand again, owing to the... 

Outgoing economic counsellor sees big ‘untapped’ US-SA economic potential
US Embassy’s Economic Counsellor Laird Treiber

Infrastructure key to unlocking trade and value chains across SADC region

By: Anine Kilian     25th August 2017 It is common cause that industrialisation across the Southern African Development Community (SADC) region is key to diversifying the regional economy away from its current reliance on the export of raw commodities and to supporting economic growth and employment creation. There is broad... 

Infrastructure key to unlocking trade and value chains across SADC region

South African companies urged to prepare for Brexit

By: Keith Campbell     25th August 2017 Analysts with international professional (including legal and financial) services group Herbert Smith Freehills have urged South African companies doing business with the UK to take care that their interests would be protected as Britain leaves the European Union (EU) – a process popularly known... 

British Trade Policy Minister again assures Southern Africa over future trade

By: Keith Campbell     25th August 2017 Following his recent trip to South Africa for talks with senior representatives of the countries of the Southern African Customs Union (SAC) – Botswana, Lesotho, Namibia, South Africa, and Swaziland – (plus Mozambique), UK Trade Policy Minister Lord Price wrote a column which was issued by the... 

S African packaging specialists acquired by international company

     25th August 2017 International supplier of plastic packaging ALPLA – which produces packaging for the food and beverage industry – last month bought South Africa-based packaging specialists Boxmore Packaging. 

S African packaging specialists acquired by international company
PLASTIC PACKAGING ALPLA now has more than 13 production facilities in Africa

VescoPlastics

By: Zandile Mavuso     25th August 2017 South Africa-based self-lubricated polymer-bushing manufacturer VescoPlastics’ bushings continue to be ordered by a large manufacturer and supplier of trailer axles in the Asia-Pacific and Australia-New Zealand areas. 

VescoPlastics

Cost of disintegration to thwart de-globalisation efforts, Lamy avers 

By: Terence Creamer     18th August 2017 Former World Trade Organisation director-general Pascal Lamy sees no turning back from globalisation, despite the current rise in political nationalism and trade protectionism. Speaking in Johannesburg this week, Lamy argued that the cost of “disintegration” would simply be too high for countries... 

Cost of disintegration to thwart de-globalisation efforts, Lamy avers
Pascal Lamy

Opinion: Turning the chicken war into a trade war

     18th August 2017 In this opinion article, XA director Donald Mackay questions why legitimate legal processes are being overlooked in the dispute over European Union chicken imports. Mackay acknowledges that his consultancy is not a disinterested party in the matter. I read the recent fiery opinion piece by... 

Opinion: Turning the chicken war into a trade war
Donald Mackay

African conference strives to boost bioenergy industries

     18th August 2017 Global conference organiser Centre for Management Technology (CMT) notes that its Biomass Trade & Bioenergy Africa conference will be held at the Radisson Blu Hotel in Sandton on September 28 and 29. CMT hopes that the conference will further development of the African biomass and bioenergy... 

African conference  strives to boost  bioenergy industries
GORGE FARM The commercial vegetable farm in Naivasha, Kenya, hosts a biogas plant as part of a larger renewable energy project - the Gorge Farm Energy Park

Focus needed to maximise S Africa’s export potential

By: Robyn Wilkinson     18th August 2017 The future of the South African materials handling sector will be impacted on significantly by sub-Saharan Africa development and the ability of South Africa to leverage its export capabilities on the subcontinent, says engineering consultant WSP Africa transport and infrastructure divisional... 

Focus needed to maximise S Africa’s export potential
VISHAAL LUTCHMAN Business and government must align and work together to realise South Africa’s export potential

Biofuels company launches franchise solution

     18th August 2017 Cape Town-based biofuel company Biogreen Diesel will start franchising its ‘Biodiesel & Research model’, to aid in the expansion of the industry and simultaneously increase awareness of biofuels in the region. The company, having made the announcement in June on its website, says it felt it had... 

Biofuels company launches franchise solution
Photo by Bloomberg
GREASY GOODNESS Biogreen Diesel uses a locally developed jet reactor, to convert waste oil into an environment-friendly fuel that can be blended with, or substituted for, diesel

Carbon capture tech will recycle ferroalloys sector’s emissions

     18th August 2017 South African green-technology company Swayana is collaborating with US-based carbon recycling company LanzaTech to introduce its proprietary carbon capture technology to South Africa. Swayana, a level 2 broad-based black economic-empowerment company established in 2016, uses carbon-footprint... 

Carbon capture tech will recycle ferroalloys sector’s emissions
IMMITATION GAME LanzaTech’s Chinese facility will produce fuel grade ethanol from captured steelmaking off-gas and Swayana hopes to implement this strategy in South Africa

Organisation lobbies government to kick-start biogas market

By: Nadine James     18th August 2017 The Southern African Biogas Industry Association (Sabia) is liaising with national government departments to create an enabling environment for the biogas industry, thereby establishing a viable biogas market. Sabia chairperson Jason Gifford explains that the organisation’s working groups are in... 

Organisation lobbies  government to kick-start  biogas market
AGRICULTURAL BENEFITS A booming biogas industry will create jobs and ensure greater job security within the agricultural sector

Western Cape’s agricultural growth to drive economy

By: Robyn Wilkinson     11th August 2017 Supported by the Western Cape government’s strategic initiatives to help farmers grow their crops – and their market share – the province’s official tourism, trade and investment agency Wesgro has successfully committed investments in the Western Cape agricultural sector of R1.56-billion over the... 

Western Cape’s agricultural growth to drive economy
Photo by Bloomberg
UNIQUE ENVIRONMENT The Western Cape plays a key role in South Africa’s agricultural sector, with a unique rainfall pattern allowing for a mixture of agricultural activities

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