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Trade News

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... 

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

Local manufacturer looks to bridge skills gap

By: Nadine James     11th August 2017 Sealing products manufacturer Klinger Mzansi has opened its training academy, which offers a learnership programme, joint integrity training as well as an introductory course on all of the company’s products. Klinger sales and marketing director Phillip Herbst notes that the academy opened on... 

Local manufacturer looks to bridge skills gap
KLINGER TRAINING ACADEMY The trainees have access to a fully equipped workshop, and gain both practical and theoretical knowledge

Phase 1 of aquarium resealing project completed

By: Nadine James     11th August 2017 Speciality chemicals manufacturer a.b.e. Construction Chemicals supplied a range of products for the resealing of the waterproofing system of two Cape Town Two Oceans Aquarium tanks between January and March this year. The Two Oceans Aquarium – located at the V&A Waterfront – is resealing its... 

Phase 1 of aquarium  resealing project completed
WATER TIGHT The project, which included waterproofing the Kelp and Predator tanks, also involved applying new waterproofing to the aquarium’s public and service areas

Rust-prevention sealing system ideal for corrosive environments

By: Nadine James     11th August 2017 Engineering components manufacturer Bearing Man Group’s (BMG’s) range of sealing products includes the Rust-Anode cold galvanisation system, designed for rust prevention in diverse industries, says BMG seals business unit manager Marc Gravett. He explains that Rust-Anode is the first active cold... 

Rust-prevention  sealing system ideal for corrosive environments
MULTIPURPOSE PRODUCT Rust-Anode is perfect for applications where an anti-corrosion seal would be beneficial

UK reassures Sacu about future trade relations, reaffirms commitment to free trade

By: Keith Campbell     4th August 2017 The Southern African Customs Union (SACU) has welcomed the UK’s intention of preventing disruption of trade relations with other countries as it leaves the European Union (EU). This was affirmed in a Joint Statement issued by SACU and the UK following discussions between Trade Ministers from the... 

SADC needs to promote intra-bloc trade and South Africa should lead – OECD

By: Keith Campbell     4th August 2017 The Organisation for Economic Cooperation and Development (OECD), in its July 2017 survey of the South African economy, has urged South Africa to promote further economic integration within the Southern African Development Community (SADC). “SADC is already the largest export market and a major... 

Trusted-trader accreditation project aims to streamline SADC customs processes

By: Schalk Burger     4th August 2017 A project by trade organisation the Cross-Border Road Transport Agency (C-BRTA) aims to improve regional trade and lower value-chain costs by deploying a trusted trader-accreditation system, says C-BRTA CEO Sipho Khumalo. The C-BRTA operator compliance accreditation scheme aims to incentivise... 

Trusted-trader accreditation project aims to streamline SADC  customs processes
SIPHO KHUMALO Lower-cost cross-border logistics and improved trade flow will benefit industrial and agricultural value chains

SADC urged to liberalise services and improve business environments

By: Keith Campbell     4th August 2017 In addition to making intraregional trade in goods easier, the member countries of the Southern African Development Community (SADC) should facilitate intra-bloc trade in services and improve their business environments, the Organisation of Economic Cooperation and Development (OECD) argued in... 

South Africa’s radioisotopes company shines globally

By: Keith Campbell     3rd August 2017 South African nuclear company NTP Radioisotopes (NTP), a subsidiary of the State-owned South African Nuclear Energy Corporation (better known as Necsa), has increased its production of, and its share in the global market for, the Molybdenum-99 (Mo-99) radioisotope, the company announced on... 

South Africa’s radioisotopes company shines globally
NTP Radioisotopes MD Tina Eboka

Africa urged to focus on industrialisation to boost economic growth

By: Anine Kilian     2nd August 2017 The Southern African Development Community (SADC) region must diversify away from its reliance on commodities for economic growth and prioritise industrial development, SADC regional standardisation president Dr Eve Gadzikwa said on Wednesday. “Industrialisation can contribute to transformation... 

Atlantis to be designated as an SEZ

By: Natasha Odendaal     2nd August 2017 Trade and Industry Minister Dr Rob Davies is preparing to issue a gazette outlining an intention to designate the proposed Atlantis Special Economic Zone (SEZ). The SEZ Advisory Board-recommended action followed an application for designation by the Western Cape Department for Economic... 

IDC reports strong rise in support for black industrialists as disbursements fall  

By: Terence Creamer     31st July 2017 South Africa’s Industrial Development Corporation (IDC) has announced that its funding approvals have increased to a record R15.3-billion in 2017, but also confirmed that it would not meet a five-year target, set in 2015, of R100-billion in approvals by 2020. Presenting the financials in... 

IDC reports strong rise in support for black industrialists as disbursements fall
Economic Development Minister Ebrahim Patel on plans to equip the IDC to approve at a level of R20-billion a year. Camera Work: Nicholas Boyd. Editing: Lionel da Silva. Recorded: 31.7.2017

SADC industrialisation strategy important for development of value-chains in region

By: Anine Kilian     31st July 2017 Regional industrialisation will require a strong Southern African Development Community (SADC) Free Trade Area (FTA), Department of International Relations and Cooperation DG Kgabo Mahoai said on Monday. Speaking at the SADC Industrialisation Week, in Johannesburg, he said the FTA would... 

Manufacturing key to Africa’s economic transformation

By: Anine Kilian     31st July 2017 Manufacturing will drive Africa’s transformation, African Export-Import Bank intra-African finance trade manager Gerald Nsomba said on Monday. Addressing delegates from across the Southern African Development Community (SADC) at the SADC Industrialisation Week, in Johannesburg, he pointed out... 

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