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Trade News

TPT boosts PE port handling volumes, rail use

By: Schalk Burger     6th February 2018 Transnet Port Terminals (TPT) achieved higher than forecast automotive and container handling volumes at the Port Elizabeth port in December, which it attributes to greater demand from local and international markets, along with automotive investments made in the region, TPT Eastern Cape GM Siya... 

Conference to focus on intra-Africa trade development

By: Jessica Oosthuizen     2nd February 2018 This year, the Manufacturing Indaba’s theme is Industrialising Africa, which Manufacturing Indaba MD Liz Hart believes will support the development of more intra-Africa trade opportunities. “Africa is still relying on agriculture and the export of raw commodities for economic growth. Although... 

Conference to focus  on intra-Africa  trade development
CHALLENGES & OPPORTUNITIES The Manufacturing Indaba will focus on Africa’s manufacturing potential

Digitalisation major topic at railways expo and conference

2nd February 2018 In line with trends such as the Internet of Things (IoT), big data and analytics and machine learning, digitalisation will play a major role in this year’s Africa Rail agenda. The conference will look at the innovative technologies and systems that are transforming the African industry and... 

Digitalisation major  topic at railways expo  and conference
GROWING NUMBERS Africa Rail organiser Terrapinn expects 7 000 attendees this year

Inaugural conference aims to find cross-border trade solutions

By: Jessica Oosthuizen     2nd February 2018 nvestment conference organiser Resources 4 Africa’s inaugural Cross-Border Mining Services (CBMS) Africa Indaba aims to find solutions to the challenges that the African mining industry faces when procuring and transporting goods and services across the continent. “This is the only event in... 

Inaugural conference aims to find cross-border trade solutions
EXPERTISE AND EXPERIENCE The Cross-Border Mining Services Africa Indaba will bring together heads of procurement and supply chain from mining companies, equipment suppliers and engineering, procurement and construction managers

Showcase of SA's manufacturing prowess to debut in 2019

By: Dylan Slater     2nd February 2018 To showcase the best South Africa has to offer in terms of local manufacturing and South African-produced capital equipment, capital equipment manufactures lobby group the South African Capital Equipment Exporters Council (Saceec) has partnered with exhibition organisers Specialised Exhibitions... 

Multinational initiative stimulating intraregional East African trade

By: Rebecca Campbell     2nd February 2018 The multinational TradeMark East Africa (TMEA) initiative has been bearing fruit and, with its first phase having proved a success, it is now moving into its second phase. TMEA involves Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda, and is focused on promoting trade between the... 

Looming 2020 bunker fuel deadline spells trouble for coastal refineries

By: Nadine James     2nd February 2018 South Africa’s three coastal refineries – as well as a significant majority of coastal refineries globally – will definitely miss the International Maritime Organisation’s (IMO’s) January 1, 2020 deadline to reduce the sulphur specification in bunker fuel oil (BFO) from 3.5% to 0.5%, says Wright... 

Looming 2020 bunker fuel deadline  spells trouble for coastal refineries
UNCERTAINTY Owing to the uncertainty of the deadline set out by the International Maritime Organisation many shippers and refiners have avoided spending on capital intensive upgrades

Team South Africa syncing its act to host tenth Brics summit

By: African News Agency      29th January 2018 Different South African sectors are synchronising their act on Monday, as Pretoria prepares to host the highly anticipated 10th summit of the Brics bloc – which groups Brazil, Russia, India, China, and South Africa – to be held in July. “One of the things we did last year is that we found that... 

Rosatom competition winners tour nuclear facility

By: Nadine James     26th January 2018 Russian nuclear corporation Rosatom’s African subsidiary Rosatom Africa sponsored an all expenses paid trip to Russia for winners of the yearly student competition, held for the third time last year. The students visited the Novovoronezh nuclear power plant (NPP), as well as its training... 

Rosatom competition winners tour nuclear facility
RED SQUARE The prize comprised of a site visit to a Nuclear Power Plant and a cultural tour of Moscow, including Red Square and the Museum of Cosmonautics

China's Belt and Road initiative the future of global collaboration

By: African News Agency      25th January 2018 China's Belt and Road Initiative (BRI) which seeks to build structural linkages and cooperation between countries has been held up as a model of global collaboration. Initially set up as a framework for cooperation between Eurasian countries, the BRI is being hailed as being perfectly in sync... 

UK reaffirms commitment to promote trade and investment with Africa

By: Keith Campbell     19th January 2018 The British government has again given the assurance that it desires a mutually beneficial and thriving trade relationship between the UK and Africa once the country has left the European Union (EU). This was affirmed by Trade Policy Minister (equivalent to Deputy Minister in South Africa) Greg... 

Africa, and other regions, seen benefiting from China-driven One Belt, One Road superproject

By: Schalk Burger     19th January 2018 The China-driven superproject, the Belt and Road Initiative (BRI), which is a conceptual redevelopment of the ancient global tradeways of the Silk Road, aims to link the heartlands of countries by land, sea and air routes, says Renmin University School of International Studies Professor Wang... 

Davos paper attacks Trump's views on trade

By: Reuters     17th January 2018 US President Donald Trump's view of world trade will be challenged next week when he visits the World Economic Forum (WEF) at Davos, judging by a paper seen by Reuters on Wednesday that is aimed squarely at his "America First" stance. The "Strategic Brief on Misconceptions around Trade Balances"... 

Grindrod facing delays with separate listing of shipping unit, but still positive about H1 completion

By: Megan van Wyngaardt     16th January 2018 Owing to the cross jurisdictional nature of a proposed international listing by Grindrod, through which it is aiming to launch a separate listing of its shipping business, the various processes required by regulators in the different relevant jurisdictions are taking longer than initially... 

Grindrod facing delays with separate listing of shipping unit, but still positive about H1 completion

Aspen Pharmacare to start selling its infant formula milk Alula in China

By: African News Agency      15th January 2018 South African multinational pharmaceutical drug maker, Aspen Pharmacare, said on Monday that it would start distributing its infant formula milk in China. This comes after the China Food and Drug Administration (CFDA) announced on Friday that it had approved the registration of Aspen's infant... 

DTI invites black industrialists on Mozambique trade mission

By: Megan van Wyngaardt     12th January 2018 The Department of Trade and Industry (DTI) has invited black industrialists to apply for participation in a trade mission to Mozambique from March 5 to 9. The mission forms part of the implementation of government’s Black Industrialists Programme (BIP), which is aimed at promoting... 

Opic executive VP tours Togo to see thermal power plant

By: Anine Kilian     11th January 2018 US government agency Overseas Private Investment Corporation (Opic) VP David Bohigian met with Togolese Prime Minister Komi Klassou on Wednesday to tour the Opic-supported Lomé thermal power plant, which has tripled the country's energy supply.   US-based ContourGlobal built the plant in Togo... 

Ramaphosa to lead South African delegates at World Economic Forum

By: Dylan Slater     10th January 2018 Deputy President Cyril Ramaphosa, who is also the recently elected president of the incumbent African National Congress, will lead a South African delegation to the forty-eighth edition of the World Economic Forum’s yearly meeting, which will be held in Davos-Klosters, in Switzerland, from... 

Ramaphosa to lead South African delegates at World Economic Forum
Photo by Duane Daws
Deputy President Cyril Ramaphosa

Will intra-Africa trade come of age in 2018?

By: African News Agency      3rd January 2018 Overcoming the barriers for intra-African trade to double in a decade can feel like a Sisyphean task – impossible to complete. But that is the objective of the Boosting Intra-African Trade (BIAT) action plan, which targets to double flows between January 2012 and January 2022. Many individual... 

Will intra-Africa trade come of age in 2018?

Container trade shows 10% yearly growth

By: Megan van Wyngaardt     18th December 2017 The total local import and export container trade market experienced consistent 10% year-on-year growth during the third quarter, a similar result as in previous quarters, container shipping company Maersk Line Southern Africa reports. “On face value, [this] is remarkable growth. The main... 

Paramount delivers foreign adaptation of Marauder to Kazakh special forces

By: Dylan Slater     15th December 2017 Kazakhstan Paramount Engineering (KPE), the Kazakhstani division of South African defence and aerospace company Paramount Group, has delivered a new batch of mine-resistant ambush protected (MRAP) armoured vehicles, called Arlan, to the Kazakhstan Special Forces.  

Paramount delivers foreign adaptation of Marauder to Kazakh special forces
The Arlan is based on the South African-designed and manufactured Marauder MRAP

Sanitaryware manufacturer on marketing road trip

By: Nadine James     15th December 2017 Sanitary ware manufacturer Grohe Dawn Watertech Holdings (GDWT) – which recently became a wholly-owned subsidiary of Japanese housing equipment company LIXIL Corporation – has embarked on a national tour to familiarise South African contractors, developers and aspiring do-it-yourself enthusiasts... 

Sanitaryware manufacturer on marketing road trip
KEEP ON TRUCKING The newly built African Pro Tour Truck is in Bloemfontein and will be traveling to Cape Town in the new year

Mobile lab for polymer powders launched

By: Dylan Slater     15th December 2017 Munich-based chemical company Wacker launched a mobile containerised laboratory – MyLab – together with their long-term distributor IMCD in Randburg at the end of November.  

Mobile lab for polymer powders launched
MYLAB LAUNCH Wacker’s MyLab officially opened at its new South African home at IMCD

Longmeadow solar PV project nearing completion

By: Nadine James     15th December 2017 Solar power specialist Energy Partners (EP) Solar has invested in a photovoltaic (PV) solar system to power South African retailer Pick n Pay’s Longmeadow distribution centre, in Modderfontein, Gauteng. The project is currently about 80% complete and will be fully operational by the end of... 

Heartland-to-heartland linkages sought in China-driven industrial superproject

By: Schalk Burger     12th December 2017 The China-driven superproject, the Belt and Road Initiative (BRI), which is a conceptual redevelopment of the ancient global tradeways of the Silk Road, aims to link the heartlands of countries by land, sea and air routes, said Renmin University School of International Studies Professor Wang... 

Omnia files contempt of court case at Foskor over contentious phosphoric acid pricing  

By: Dylan Slater     8th December 2017 Diversified chemicals producer Omnia has filed a contempt of court case against phosphates and phosphoric acid producer Foskor over the alleged breaching of a court order by the Competition Tribunal 

Battling threat of sugar tax, excessive imports and low price

By: Victor Moolman     8th December 2017 The large amount of sugar being imported into South Africa has caused the country’s sugar industry, which may soon be further compromised by the introduction of a sugar tax, to start exporting sugar at world market prices to offload excess sugar, which it is unable to sell locally. While opposing... 

Battling threat of sugar tax, excessive imports and low price
Photo by Victor Moolman
DEDICATED TO SUGAR CANE Large parts of KwaZulu-Natal and Mpumalanga, about 360 000 ha, are dedicated to growing sugar cane

Jasco slashes carbon footprint with solar energy solution

By: Nadine James     8th December 2017 Technology solutions provider Jasco’s Power Solutions & Renewable Energy team will leverage its experiences from its successful solar project as a base for understanding the engineering, procurement and construction requirements for solar energy systems in high-end residential, commercial and... 

Blockchain set to change transactions, information flow and business processes

By: Schalk Burger     8th December 2017 Trust is the underlying factor supporting financial systems – from the value of currency and financial transactions to public spending. Similarly, trust underpins almost all information transfers, and money is a medium that allows people to communicate value throughout an economy, says financial... 

Blockchain set to change transactions, information flow and business processes

Afrimat construction index reveals quarterly improvement

By: Dylan Slater     7th December 2017 Construction activity in South Africa improved quarter-on-quarter from Q2 to Q3, according to material building company Afrimat’s Construction Index (ACI)  

South Africa, Norway announce new oceans research programme

By: Anine Kilian     6th December 2017 The Norwegian Embassy in South Africa, together with the Department of Science and Technology (DST), has signed a declaration of intent to develop a new bilateral research programme focused on the oceans economy. The intent for the development of the programme, called the South Africa-Norway... 

South Africa, Norway announce new oceans research programme
DST International Cooperation and Resources deputy-director-general Daan du Toit and Norwegian Ambassador to South Africa, Botswana, Madagascar and Namibia Trine Skymoen

Tanzania-Zambia railway halts copper transportation after strike

By: Reuters     6th December 2017 The Tanzania-Zambia Railway Authority (TAZARA) has suspended all train services, including the transportation of copper following a strike by workers in Africa's second-largest producer of the metal, the company said on Wednesday. The line is an important route for copper exports from Zambia and... 

Africans must drive African trade – Zuma

By: African News Agency      5th December 2017 President Jacob Zuma has said that Africa needs to develop its manufacturing capabilities, achieve industrialisation and drive intra-African trade to reverse the continental trend of exporting raw materials and importing finished goods. Zuma was speaking at the inaugural African Terminal... 

 Africans must drive African trade – Zuma
President Jacob Zuma

CIPC collaboration with banks to extend to BEE certification

By: Nadine James     1st December 2017 Company registration and business licensing organisation, the Companies and Intellectual Property Commission (CIPC) reports that companies will soon be able to attain black economic empowerment (BEE) certificates from South Africa’s four main banking institutions. CIPC commissioner Advocate Rory... 

Company expands diesel supply to include buses

By: Tasneem Bulbulia     24th November 2017 Wholesale prices fuel supplier Next Grace Investments is providing a valuable diesel supply solutions for clients in the bus and truck industry. During the Gauteng Bus Indaba and Strategic Planning Workshop, held in September at the Nasrec Expo Centre, in Johannesburg, Next Grace Investments... 

Company expands diesel supply to include buses
PARKING THE BUS Next Grace Investments’ depots enables buses and trucks to refuel and park at the facilities, while drivers have access to food and shower facilities

Declining industry could compromise steel industry quality standards

By: Nica Schreuder     24th November 2017 Cost-cutting measures have been forced upon companies that wish to remain in business in the steel construction and cladding sector, however, this could have a major impact on product safety and performance, with price considerations often taking precedence over quality and safety.... 

Declining industry could  compromise steel industry  quality standards
DODDS PRINGLE Clients must be aware of advertised quality standards in the steel construction industry

Microgrids add new arrow to Africa’s electricity access quiver

By: Mia Breytenbach     24th November 2017 The launch of a R25-million solar energy, lithium-ion battery storage microgrid on Robben Island – the World Heritage Site in Table Bay, Cape Town, which, until recently, relied on diesel to generate electricity – not only showcases the versatile advantages of microgrid technology, but also... 

Microgrids add new arrow to Africa’s electricity access quiver

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