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Trade News

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... 

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

GirlCode floats ambitions of becoming world’s largest women's digital agency

By: Dylan Slater     23rd November 2017 Nonprofit organisation (NPO) GirlCode, which aims to empower women in the technology sector, on Thursday revealed its new programmes for 2018, as well as its Vision 2030 ambitions, which includes reaching ten-million women by 2030. GirlCode chairperson Zandile Keebine commented that reaching that... 

New Diepsloot mall opened to address access to community-specific retail requirements

By: Dylan Slater     23rd November 2017 A new 18 000 m² single-level semi-enclosed shopping mall in Diepsloot West, Gauteng, opened to the public on Thursday. 

New Diepsloot mall opened to address access to community-specific retail requirements
An artists illustration of how the Bambanani Shopping Mall will look in Diepsloot

Landmark projects help Esor to improve performance in tough market

By: Dylan Slater     17th November 2017 Despite challenging market conditions and a deteriorating market environment for the six months ended August 31, JSE-listed civils and construction group Esor recorded a “significant improvement” in its finances, with profit before tax of R3.1-million, compared with a loss recorded in February.... 

400 emergency shutdown valves supplied to Oman petrochemicals project

10th November 2017 Industrial product supplier Metso supplied 400 industry-leading Neles emergency shutdown (ESD) valves for an ethylene cracker as part of the new Liwa Plastics Industrial Complex (LPIC) project in Oman. The new complex will process light ends produced in State-owned oil company Oman Oil Refineries... 

400 emergency shutdown valves supplied to Oman petrochemicals project
SOHAR REFINERY Orpic is undertaking strategic growth projects including the Sohar Refinery Improvement Project and the Liwa Plastics Industrial Complex

New course for employees to launch in 2018

By: Nadine James     10th November 2017 Germiston-based valves company Invincible Valves has established a bursary competition for schools within its community, scheduled to be launched in January next year. The competition will be open to matric students taking mathematics and science as subjects, and who have an interest in... 

New course for employees to launch in 2018
COMMITTED TO EDUCATION The training facility, operational since May this year, caters for 12 employees who will be completing three valves training course

Gas company secures onshore petroleum production right

By: Mia Breytenbach     10th November 2017 The Petroleum Agency of South Africa has granted integrated alternative and renewable-energy business Renergen’s Tetra4 subsidiary environmental authorisation for its Free State natural gas development. The authorisation, the processing of which has taken more than two years, with multiple rounds... 

Gas company secures onshore petroleum production right
PRODUCTION EXPANSION While Tetra4 already produces compressed natural gas, new expansions will include the liquefaction of the gas – the first in South Africa

South African rail operator rebrands, expands offering

By: Mia Breytenbach     10th November 2017 Following the investment by the Pan-African Infrastructure Development Fund 2 (PAIDF2), managed by Pan-African fund manager Harith General Partners, in South African locomotive and rail operator Sheltam Group in June, the company has launched several initiatives to enhance its offering to the... 

South African rail operator rebrands, expands offering
NEW FACE New initiatives for Sheltam Group include the rebranding to Traxtion

New carton recycling plant enhances recycling of liquid packaging

By: Dylan Slater     10th November 2017 An investment of R46-million in a first-of-its-kind recycling plant in South Africa – commissioned in July after a six-month construction period – at the Springs-based recycling facility of paper and plastics packaging company Mpact, is set to reduce the volume of liquid-packaging cartons going... 

New carton recycling plant enhances recycling of liquid packaging

Upcoming energy event to showcase African project opportunities  

By: Simone Liedtke     10th November 2017 A key focus point of the African Energy Indaba (AEI) – which celebrates its ten-year milestone next year – is to provide access to project opportunities across the African continent. 

Upcoming energy event to showcase African project opportunities
Africa Energy Indaba (AEI) MD Liz Hart, AEI chairperson Brian Statham and South African Electrotechnical Export Council CEO Chiboni Evans discuss the AEI next year. Camera: Nicholas Boyd. Editing: Lionel da Silva.

Company offers valve solutions for abrasive, slurry applications

10th November 2017 ARVALV through-port knife-gate valves have long been the product of choice for challenging abrasive and scaling applications at plants and facilities where extended service life is a must, states valve and instrumentation supplier AR Controls. The ARVALV range is manufactured, stocked, and... 

Company offers valve solutions for abrasive, slurry applications
ARVALV KNIFE-GATE VALVES Unlike traditional push-through knife-gate valves, the partially-energised seats remain in their natural state when the gate is retracted

Flexible solution caters to SMEs

3rd November 2017 Self-storage and business storage solutions company XtraSpace launched a new warehousing service this month, aimed at “disrupting the traditional warehousing industry.” The service is also providing an opportunity for smaller businesses and entrepreneurs to use storage space. 

Flexible solution  caters to SMEs
FLEXIBLE SPACE XtraSpace’s storage solution allows for any size business to take advantage of its flexi-storage facilities

Logistics property fund seeking development opportunities in South Africa, UK

By: Mia Breytenbach     3rd November 2017 JSE-listed specialist logistics property developer and landlord Equites Property Fund, which has a R1.3-billion development pipeline in progress, is pursuing various development opportunities, in South Africa and in the UK. Equites’ local growth strategy is focused on the development of... 

Logistics property fund seeking development  opportunities in South Africa, UK
LET PORTFOLIO Equites Property Fund has completed the 28 527 m2 distribution centre and head office for Röhlig-Grindrod, in Meadowview, which is being let on a ten-year lease

Conference aims to strengthen cross-border relations

By: Nadine James     27th October 2017 The prospects for wind power within and beyond the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) will be discussed at this year’s Windaba conference and exhibition, exploring opportunities outside South Africa’s borders, and consider ways of establishing cross-border... 

Conference aims to strengthen cross-border relations
ANSWERS IN THE WIND The Windaba programme has been designed to be relevant regardless of whether the mid-term outlook is good or uncertain

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