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Trade News

One year into new trade deal, European commissioner urges South African firms to take fuller advantage

By: Terence Creamer     11th October 2017 European Commissioner for Trade Cecilia Malmström will use her upcoming visit to South African to urge business to take fuller advantage of the recently concluded trade agreement between the European Union (EU) and six Southern African countries. The deal came into force just over a year ago on... 

DTI calls for resolution on outstanding Doha issues

By: Schalk Burger     10th October 2017 Trade and Industry Minister Dr Rob Davies on Tuesday called for outcomes to be developed for the outstanding issues of the Doha Development Agenda (DDA). Davies was in Morocco attending the World Trade Organisation (WTO) Informal Ministerial Gathering, which was attended by Ministers from the 164... 

Supply chain management key to industry success

By: Robyn Wilkinson     6th October 2017 The effective management of financial and physical supply chains is a key differentiator for South African automotive companies wanting to survive in an uncertain market, with access to technologies that can assist in streamlining these functions critical to success, says import and working... 

Supply chain management key to industry success
GREG CLINE Automotive aftermarket imports are growing owing to the depressed state of the economy shifting buying behaviour

UK unveils post-Brexit bilateral commitment to South Africa

By: Keith Campbell     6th October 2017 British International Trade Secretary (equivalent to Minister in South Africa) Dr Liam Fox announced on his recent visit to South Africa that his country’s export credit agency, UK Export Finance, has increased the funds available to South African enterprises buying British goods and to British... 

Closed steel mill discovering new life as an industrial park

By: Mia Breytenbach     6th October 2017 Following the implementation of the business strategy to convert Evraz Highveld Steel and Vanadium complex, in Mpumalanga, into an industrial park, the park is capitalising on its strategic location, says Highveld Industrial Park CFO Andrew Maralack. Highveld Industrial Park is situated close to... 

Closed steel mill discovering new life as an industrial park
CAPITAL LOCATION in less than a year of being operational, Highveld Industrial Park has set up a sustainable business

South Africa continues on path of deindustrialisation

By: Natasha Odendaal     5th October 2017 With some exceptions, South Africa’s industrial policy is not working, leaving the nation to continue down its current path of deindustrialisation, says Department of Trade and Industry (DTI) industrial development deputy director-general Garth Strachan. Addressing delegates at the sixth... 

South Africa continues on path of deindustrialisation
Department of Trade and Industry industrial development deputy director-general Garth Strachan

Fourth Industrial Revolution prioritises innovation – Davies

By: Keith Campbell     5th October 2017 Trade and Industry Minister Dr Rob Davies has highlighted the challenges being posed to the South African economy, and especially industry, by what is called the Fourth Industrial Revolution, or Industry 4.0. He was delivering the keynote address at the sixth Council for Scientific and Industrial... 

Fourth Industrial Revolution prioritises innovation – Davies
Photo by Duane Daws
Trade and Industry Minister Dr Rob Davies

Good corporate governance integral to mitigating risk – Manuel 

By: Ilan Solomons     3rd October 2017 The current lack of good corporate governance is negatively impacting on many of South Africa’s State-owned enterprises, according to former Finance Minister Trevor Manuel, who believes that working corporate governance could successfully mitigate risk. Delivering the keynote address at the... 

Good corporate governance integral to mitigating risk – Manuel
Photo by Duane Daws
Former Finance Minister Trevor Manuel

Continued development and investment for KZN SEZ

29th September 2017 To date, the Dube TradePort has attracted R1.5-billion in private sector investment through various developments within the special economic zone (SEZ), with a further R4.2-billion investment in the pipeline for developments within the second phase of the Dube TradeZone, within the Dube... 

Continued development and investment for KZN SEZ
KEEP IT COOL The iDube Cold Storage facility caters for meat importers servicing local retailers and for exports of dairy, concentrate and citrus to international markets

Small businesses remain optimistic, despite volatility and uncertainties

By: Mia Breytenbach     29th September 2017 Despite economic volatility, South African small business owners remain optimistic and are actively pursuing growth, according to research from cloud based accounting software company Xero.   The research report, titled ‘State of South African Small Businesses’ surveys the challenges facing the... 

Small businesses remain optimistic,  despite volatility and uncertainties
Photo by Bloomberg
HELPING HAND Some small business owners want the government to provide more funding and some believe government should grant tax breaks for their business

BMG invests R400m in Joburg distribution centre 

By: Mia Breytenbach     29th September 2017 Technical solutions provider BMG, which is part of Invicta Holdings, has officially launched its BMG World site, in Johannesburg, which is the culmination of a consolidation and supply chain re-engineering strategy that began nearly ten years ago. “The company’s R400-million investment to upgrade... 

BMG invests R400m in Joburg  distribution centre
BMG MD Gavin Pelser discusses the upgraded BMG World site facility in Johannesburg. Camerawork and Editing: Nicholas Boyd.

Growthpoint launches South Africa’s first dual-certified property portfolio

By: Mia Breytenbach     28th September 2017 JSE-listed real estate investment trust (Reit) Growthpoint Properties has launched the first and only property portfolio in South Africa to be highly rated by the South African Property Owners Association (Sapoa) and the Green Building Council South Africa (GBCSA). This premier portfolio, named... 

Growthpoint launches South Africa’s first dual-certified property portfolio
Growthpoint Properties office division director Rudolf Pienaar

Industries should prepare for increased use of HFO gases

By: Nadine James     22nd September 2017 As a result of the Kigali Agreement, countries will gradually start phasing out the use of hydrofluorocarbon (HFC) gases, replacing them with hydrofluoro-olefin (HFO) gases and natural refrigerants like ammonia, carbon dioxide and hydrocarbons, says industrial gases supplier A-Gas South Africa.... 

Industries should prepare for  increased use of HFO gases
MULTiFACETED OPERATION A-Gas offers a range of products to assist across a broad range of sectors, including shipping, refrigeration, air conditioning, automotive and mining

Manufacturer looks to strengthen position in HVAC sector

By: Nadine James     22nd September 2017 Automation manufacturer SEW Eurodrive is looking to strengthen its foothold within the heating, ventilation and air conditioning (HVAC) sector, having entered into the market last year. SEW national sales manager Norman Maleka comments that at present, the company is building up its experience... 

Manufacturer looks  to strengthen position  in HVAC sector
ENHANCED CLIMATE CONTROL The improved functionality of the LTP-B Eco HVAC drive enures that managers can run a fan when needed, representing a major advantage in terms of energy-saving

New chillers, heat pumps launch next month

By: Nadine James     22nd September 2017 Multinational heating, ventilation and air-conditioning (HVAC) equipment producer Johnson Controls is launching its Amichi series of chillers and heat pumps for the South African market on October 1. Johnson Controls building efficiency Africa GM Neil Cameron explains that the series has... 

New chillers, heat pumps launch next month
NEIL CAMERON The main driver of the mid-capacity sector is the type of construction currently favoured by South African developers

Product presentation showcases VRF technology

By: Nadine James     22nd September 2017 Last month, heating, ventilation and air conditioning (HVAC) product distributor AHI Carrier South Africa – the official distributor for Japanese air-conditioning manufacturer Toshiba – hosted a product presentation and training event for the Toshiba SHRM-e variable refrigerant flow (VRF) system.... 

Product presentation  showcases VRF technology
NEW & IMPROVED The SHRM-e series variable refrigerant flow system has various new features and improves on the shortcomings of previous systems

New export cluster aims to improve intra-African trade

By: David Oliveira     22nd September 2017 South African manufacturing received a boost following the launch of the Engineering and Technology Grouping of Export Councils (ETGEC) at Infrastructure Africa, which took place last month at the Sandton Convention Centre, in Johannesburg. The ETGEC comprises the South African Electrotechnical... 

Big room for improvement in payment of suppliers by government

By: Mia Breytenbach     22nd September 2017 While Minister in the Presidency for Planning, Performance, Monitoring, Evaluation and Administration Jeff Radebe’s commented last month that the time taken by government to pay suppliers is improving, small business representative organisation AHI has identified areas where there is room for... 

Big room for improvement in payment of suppliers by government
Photo by Bloomberg
ROOM FOR IMPROVEMENT There still remain outstanding and unpaid invoices of up to R5.3-billion

Rocla marks 100 years in SA precast concrete market

By: Dylan Slater     22nd September 2017 Precast concrete products manufacturer Rocla is celebrating 100 years in existence in South Africa this month, attributing its success to customer satisfaction, competitive pricing, good-quality products and timeous delivery.  

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... 

More British funds for trade with South Africa and renewed bilateral commitment to post-Brexit trade

By: Keith Campbell     20th September 2017 British International Trade Secretary (equivalent to Minister in South Africa) Dr Liam Fox announced in Pretoria on Wednesday that his country’s export credit agency, UK Export Finance, has increased the funds available to South African enterprises buying British goods and to British companies... 

More British funds for trade with South Africa and renewed bilateral commitment to post-Brexit trade
Photo by Department of Trade and Industry
Dr Liam Fox (left) and Dr Rob Davies (right) outside the InvestSA One-Stop Shop in Pretoria

South Africa leads AU trade ministers in discussions on WTO issues

By: African News Agency      19th September 2017 South Africa’s Minister of Trade and Industry Dr Rob Davies and Deputy Minister Bulelani Magwanishe have returned from Ethiopia where they attended the Informal Meeting of African Union Ministers of Trade on World Trade Organisation (WTO). The meeting took place at the African Union Headquarters... 

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

BMG launches R400m World site facility in Gauteng 

By: Mia Breytenbach     15th September 2017 Technical solutions provider BMG, which is part of Invicta Holdings, has officially launched its BMG World site, in Johannesburg, which is the culmination of a consolidation and supply chain re-engineering strategy that began nearly ten years ago. “The company’s R400-million investment to upgrade... 

BMG launches R400m World site facility in Gauteng
BMG MD Gavin Pelser discusses the upgraded BMG World site facility in Johannesburg. Camerawork and Editing: Nicholas Boyd.

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... 

Equipment manufacturer inaugurates new facility
SHEER ADVANTAGE The 60 000 m2 facility allows for the ability to work more efficiently while increasing capacity to provide unmatched parts availability for customers across Africa

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

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