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Trade News

Lack of reliable power supply hinders Africa’s growth – trade commission

By: Nadine James     17th March 2017 Despite an uptick in planned power-generation projects, it is still fair to say that Africa lacks reliable power supply, which has prevented the continent’s economies from developing in line with their potential, says Austrian Trade Commission Advantage Austria.  “The effects of the lack of... 

Automation products on display at event

     17th March 2017 Industrial product supplier Magnet’s stand at the Power & Electricity World Africa 2017 conference and exhibition, taking place at the Sandton Convention Centre on March 28 and 29, will highlight the company’s Carlo Gavazzi automation products portfolio.  

Automation products on  display at event
ENERGY METER Carlo Gavazzi energy meters, current transformers and energy-efficiency monitoring solutions will be exhibited at stand J5

Amid challenges, power sector offers massive opportunities

By: Nadine James     17th March 2017 Although the power and electricity sector in Africa faces massive challenges, it also offers massive opportunities, says Power & Electricity World Africa (PEWA) event organiser Terrapinn.  

Amid challenges, power sector offers massive opportunities
MOMENT IN THE SUN Africa’s largest power and electricity event offers innovative, cost-effective means of tackling Africa’s power challenges

Stainless steel body hopes to boost product demand at event

By: Nadine James     17th March 2017 Industry body and lobby group the Southern Africa Stainless Steel Development Association (Sassda) hopes to drive demand for stainless steel products by exhibiting at Water Show Africa 2017, which runs alongside Power & Electricity World Africa held at the Sandton Convention Centre on March 28... 

Stainless steel body  hopes to boost product  demand at event
JOHN TARBOTON The Eiffel Tower competition will be launched for the first time at the event and first prize is an all-expenses-paid trip to Paris

Govt’s involvement in promoting energy efficiency needed

     17th March 2017 Government should be more proactive and involved in encouraging energy efficiency, as it lies at the core of sustained economic growth, says the National Cleaner Production Centre of South Africa (NCPC-SA). This, along with the statement that industries and businesses must prepare more... 

Govt’s involvement in promoting energy efficiency needed
INDUSTRIAL ENERGY EFFICIENCY WORKSHOP The event held on February 22 focused on challenges of rising energy costs

UK remains committed to helping research and development in South Africa

By: Keith Campbell     16th March 2017 The British government has assigned up to £35-million from its Prosperity Fund to South Africa. This money will be disbursed over the remaining period of the current UK Parliament (that is, until 2020). This was pointed out by outgoing British High Commissioner to South Africa, Dame Judith... 

UK remains committed to helping research and development in South Africa
Photo by Duane Daws
Dame Judith Macgregor

Business Leadership South Africa disputes proposed customs functions transfer

By: Megan van Wyngaardt     15th March 2017 Business Leadership South Africa (BLSA) on Wednesday said it opposes the proposed transfer of the South African Revenue Services’ (Sars’) customs functions to a new border management agency, which is what the Border Management Agency Bill, currently before Parliament, proposes. “Sars must remain... 

Barloworld launches incubation hub to assist in SMME development

By: David Oliveira     14th March 2017 JSE-listed Barloworld on Tuesday launched the Siyakhula Incubation Hub at its Johannesburg offices to assist suppliers and other companies operating in its value chain to overcome challenges such as market access, finance and skills that tend to impact on small, medium-sized and microenterprises... 

Trade between South Africa, UK to remain unaffected by Brexit

By: Megan van Wyngaardt     13th March 2017 Trade and Industry Minister Dr Rob Davies met with UK Trade Policy State Minister Lord Mark Price on the sidelines of the inaugural Commonwealth Trade Ministers Meeting, last week, and reiterated that there will be no interruption in the trade between South Africa and the UK as a result of the... 

Oil still main energy source in 2035 – petroleum company

     10th March 2017 Petroleum company British Petroleum’s (BP’s) 2017 Energy Outlook notes that oil, gas and coal will remain the main sources of energy for powering the world economy, accounting for more than 75% of total energy supply in 2035, compared with 86% in 2015.  According to the outlook, which was... 

Oil still main energy source  in 2035 – petroleum company
NEW KID IN TOWN Petrochemicals will take over as the main source of growth for oil demand by the early 2030s

Global economics, politics cause uncertainty in chemicals manufacture

     10th March 2017 Volatile global political and economic conditions are making it difficult for South African companies to predict what 2017 holds as far as profitability is concerned, says leading admixture supplier, Chryso Southern Africa CEO and Chryso Group international VP Norman Seymore. The Chryso Southern... 

Global economics,  politics cause uncertainty in chemicals manufacture
NORMAN SEYMORE Chemicals manufacturers and companies in general are trading in unprecedented volatile and uncertain conditions

Glycol ether market worth $10-billion by 2024

     10th March 2017 A market research report titled ‘Glycol Ether Market: Global Industry Analysis and Forecast, 2016–2024’ compiled by American market research company Persistence Market Research (PMR) concluded that the glycol ether market, currently worth about $6-billion, is expected to exceed a value of about... 

Glycol ether market  worth $10-billion by 2024
Photo by Duane Daws
CLEANING UP THE MARKET The glycol ether cleaners segment will increase in value to more than $1.8-billion by 2024

Software provider renews refinery service agreement

By: Nadine James     10th March 2017 Process and operations control management specialist BluESP has renewed its yearly service agreement with a local refinery following the client’s decision to maintain its relationship with the company to ensure that the benefits achieved using BluESP’s advance process control (APC) technology... 

Software provider renews refinery service agreement
Photo by Duane Daws
OPERATIONS REFINED The technology has improved the refinery's processes, increasing throughput and reducing the overall carbon footprint

Supplier delivers products for chemical conveyance system

By: Nadine James     10th March 2017 Thermoplastic products supplier Astore Keymak – formerly Astore Africa – supplied and delivered several polymer plastic products to assist with the installation of a conveyance system at Omnia Group’s chemical subsidiary Protea Chemicals’ plant, in Wadeville. The project, a result of a... 

Supplier delivers products for chemical conveyance system
PROTEA CHEMICALS The installation project is the result of a long-standing working relationship between Astore Keymak and Protea Chemicals

Frankfurt Airport seeks to increase its business with South Africa

By: Keith Campbell     10th March 2017 Germany’s number one international airport, Frankfurt, is seeking to increase its two-way air cargo trade with South Africa. This was highlighted at a media briefing at the recent 2017 Air Cargo Africa conference in Kempton Park, east of Johannesburg, by Fraport AG’s executive board member and... 

Impact of Africa on South Africa’s economic performance ‘underestimated’ – IMF 

By: Terence Creamer     9th March 2017 Sub-Saharan Africa (SSA) is currently the main destination for South African exports and its influence on the economic performance of South Africa is being “underestimated by many commentators”, International Monetary Fund (IMF) senior resident representative in South Africa Dr Montfort Mlachila... 

Impact of Africa on South Africa’s economic performance ‘underestimated’ – IMF

There will be no Brexit ‘cliff edge’ in UK-SA relations

By: Terence Creamer     8th March 2017 Outgoing British High Commissioner to South Africa Dame Judith Macgregor says there will be no “cliff edge” in the trade and investment relationship between the UK and South Africa when Britain leaves the European Union (EU), arguing that there is even potential to strengthen the relationship... 

There will be no Brexit ‘cliff edge’ in UK-SA relations
Photo by Duane Daws
Dame Judith Macgregor

Krugerrand testament to what South Africa can do through beneficiation

By: Megan van Wyngaardt     7th March 2017 The Krugerrand celebrates its fiftieth anniversary this year, marking a critical milestone in South Africa’s beneficiation of its precious metals. “The success of the Krugerrand shows it is possible to add value to our precious metals if we develop local capabilities and channel resources towards... 

Krugerrand testament to what South Africa can do through beneficiation

How will Brexit impact South Africa, UK trade relations 

     3rd March 2017 Creamer Media's Chanel de Bruyn speaks to Engineering News Senior Deputy Editor Keith Campbell about the potential impact of the UK’s decision to exit the European Union on trade between South Africa and the UK. 

How will Brexit impact South Africa, UK trade relations
How will Brexit impact South Africa, UK trade relations

Paramount Group unveils new version of Mwari aircraft

By: Dylan Slater     3rd March 2017 Following a “large increase in customer demand” for the South African-designed, -developed and -built Advanced, High-performance, Reconnaissance, Light Aircraft (Ahrlac), South African defence platforms company Paramount Group announced the unveiling of a new version of the aircraft – the Mwari... 

Brexit set to change SA’s bilateral economic relationship with the UK

By: Keith Campbell     3rd March 2017 Last month, during the debate regarding the 2017 State of the Nation Address in Parliament in Cape Town, Trade and Industry Minister Dr Rob Davies highlighted that “[a]s the UK Government prepares to trigger exit negotiations from the EU [European Union], we need to prepare for a new trade... 

Brexit set to change SA’s bilateral economic relationship with the UK

Government won’t allow poultry industry to be ‘decimated’ - Davies 

By: Terence Creamer     2nd March 2017 Trade and Industry Minister Dr Rob Davies is adamant that government will not stand by while its poultry industry is “decimated”, but acknowledges that there are also issues of industry competitiveness that should be addressed. Speaking this week during the Economic Sectors, Employment and... 

Government won’t allow poultry industry to be ‘decimated’ - Davies
Poultry workers and management during a recent march to the EU Delegation in Pretoria, to protest the dumping of bone-in chicken

WTO trade facilitation agreement comes into force 

By: Megan van Wyngaardt     24th February 2017 Having received four more ratifications for the Trade Facilitation Agreement (TFA), the World Trade Organisation (WTO) has now obtained the two-thirds of acceptances needed from its 164 members to bring the TFA into force, which could boost global trade by up to $1-trillion each year, with the... 

Electrical product supplier launches range of switches and sockets

By: Nadine James     24th February 2017 Electrical product supplier Legrand South Africa (SA) – a subsidiary of multinational industrial product supplier Legrand – launched the Ysalis switches and sockets range in South Africa earlier this month. This forms part of the company’s strategy to introduce chic wiring devices to local... 

Electrical product supplier launches range of switches and sockets
VERSATILE PRODUCT The modular design allows for any configuration to be adapted to suit present and future need

Company launches LED luminaire for industrial applications

By: Nadine James     24th February 2017 Luminaire manufacturer BEKA Schréder launched a high-performance light-emitting diode (LED) luminaire, the LEDbay-midi, late last year for industrial applications. The main objective was to enhance their low- and high-bay luminaire range. This luminaire has been very well received by warehouse... 

Company launches LED luminaire for industrial applications
A LEADING LIGHT The energy-saving luminaire has specialised light distribution options

Japanese-South African seminar seeks to boost business ties

By: Dylan Slater     24th February 2017 The fourth Japan Seminar was held at the Sandton Convention Centre last month.  

Refurbished fashion outlet receives new LED lighting

By: Nadine James     24th February 2017 Electrical solutions provider Magnet supplied a range of light-emitting diode (LED) light fittings to the newly refurbished Q’Dos fashion outlet at the Gateway Theatre of Shopping in Umhlanga, KwaZulu-Natal, last year. Magnet lighting solutions engineer Kaylen Reddy explains that the design... 

Refurbished fashion outlet receives new LED lighting
BRIGHT IDEA The use of LED lighting in a retail environment ensures that customers can accurately perceive the colour of the product being displayed

East London IDZ attracts multibillion-rand investment

By: Dylan Slater     24th February 2017 Since it was established in 2002, the East London Industrial Development Zone (Elidz) has attracted more than R7.3-billion in private-sector investment from 45 investors.  

East London IDZ attracts multibillion-rand investment
SPURRING DEVELOPMENT The East London Industrial Development Zone has attracted more than R7.3-billion, since inception

Driverless transport startup receives backing from rail equipment giant

By: Dylan Slater     24th February 2017 Railway systems and equipment company Alstom is investing €14-million in driverless transport startup company EasyMile, which is developing the EZ10 electric driverless shuttle.  

Driverless transport startup receives backing from rail equipment giant
EZ10 The EasyMile EZ10 is a driverless shared passenger vehicle for “last mile” journeys

Frankfurt Airport aims to increase its business with South Africa

By: Keith Campbell     23rd February 2017 Germany’s number one international airport, Frankfurt, is seeking to increase its two-way air cargo trade with South Africa. This was highlighted at a media briefing at the 2017 Air Cargo Africa conference in Kempton Park, east of Johannesburg, by Fraport AG chief operating officer Anke Giesen.... 

Frankfurt Airport aims to increase its business with South Africa
Photo by Fraport
Anke Giesen

Programme to accelerate investment implemented

     17th February 2017 The African Union’s (AU’s) planning body, the New Partnership for Africa's Development (Nepad), is undertaking an exercise that will accelerate the development and implementation of Africa’s high priority renewable energy projects and will be organising a showcase at the Africa Energy Indaba for... 

Programme to accelerate investment implemented
Photo by Duane Daws
MOMENT IN THE SUN Governments will be showcasing high priority renewable energy projects to attract private sector participation and investment

Renewables division experiences record-breaking 2016

     17th February 2017 Italian energy company Enel Green Power’s (EGP’s) global renewable energies division made 2016 a record-breaking year after building an all-time-high 2 018 MW of new capacity within a calendar year. This is a major achievement for EGP as it more than doubled what it achieved in 2015, when... 

Renewables division experiences  record-breaking 2016
NOJOLI WIND FARM Enel Green Power's global renewable energies division completed more than 470 MW of solar and wind projects locally, including the 88 MW Nojoli wind farm

Chamber looks to strengthen partnerships in local green economy

By: Nadine James     17th February 2017 The Italian–South African Chamber of Trade and Industries’ chief aim at the 2017 Africa Energy Indaba is to raise awareness among Italian corporations regarding investment opportunities in South Africa’s green economy. Chamber secretary-general Mariagrazia Biancospino says the chamber mediated a... 

Chamber looks to strengthen partnerships in local green economy
LONG STANDING RELATIONSHIP Members of the Italian–South African Chamber of Trade and Industries have been involved in the South African energy sector since 2013

Third Women in Energy conference cohosted at Energy Indaba

     17th February 2017 The yearly Women in Energy conference, organised by the Africa Energy Indaba, will bring together Africa’s leading women in the energy sector for its third iteration on Monday, February 20 at the Sandton Convention Centre in Johannesburg. The Africa Energy Indaba was the first energy conference... 

Third Women in Energy conference cohosted at Energy Indaba
DOING IT FOR THEMSELVES The Women in Energy conference is designed to aid the increase in leadership and development of women involved in the African energy sectors

Conference hopes to catalyse African energy revolution

By: Nadine James     17th February 2017 The 2017 Africa Energy Indaba will enable African energy sector stakeholders to evaluate opportunities and the means to pursue them that could unlock the continent’s energy potential and spark something of an energy revolution, says Indaba organising company Siyenza. “The African continent has... 

Conference hopes to catalyse African energy revolution
BOOSTING ENERGY The Africa Energy Indaba brings together politicians and energy luminaries to envision and catalyse decisions that will enhance access to energy

Global energy council ponders gas-related realities

     17th February 2017 In recent years, the gas market has undergone several changes - the discovery of new deposits, the evolution of gas transport techniques and the new gas pipelines are all elements that deeply modify this market, notes international energy organisation World Energy Council (WEC). The council notes... 

Global energy council  ponders gas-related realities
SOUND INVESTMENT Among the fossil fuels, natural gas is the one fossil source which will continue to grow

Exponential increase in the number of power generation projects

By: Nadine James     17th February 2017 The African continent’s large energy deficit has resulted in an exponential increase in the number of power generation projects – both planned and implemented – as well as the number of stakeholders which are a consequence of renewed commercial interest in the African energy sector, says... 

Exponential increase in the number of power generation projects
TSIDISO DISENYANA Foreign investment is targeted at establishing Africa’s green economy, therefore renewables will become a driver of socioeconomic growth

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