R/€ = 15.90 Change: -0.01
R/$ = 14.03 Change: 0.00
Au 1325.02 $/oz Change: -10.55
Pt 823.98 $/oz Change: 0.57


China says African countries don't think cooperation adds to debt

By: Reuters     6th September 2018 African leaders attending this week's summit with China don't think that cooperation between the continent and Beijing has added to their debt burden, the Chinese government's top diplomat said on Thursday. Chinese President Xi Jinping pledged $60-billion to African nations at Monday's opening of... 

China's Xi offers another $60bn to Africa, but says no to 'vanity' projects

By: Reuters     3rd September 2018 Chinese President Xi Jinping offered another $60-billion in financing for Africa on Monday and said Chinese companies will be encouraged to invest no less than $10-billion over the next three years, but he also warned against "vanity projects". Speaking at the opening of a major summit with... 

China's Xi says no strings attached to funds for Africa

By: Reuters     3rd September 2018 Chinese funds are not for "vanity projects" in Africa but are to build infrastructure that can remove development bottlenecks, Chinese President Xi Jinping said on Monday, telling Chinese firms they also had to respect local people and the environment. Xi said at a business forum before the start... 

Synology creates network-attached storage, IP surveillance solutions, and network equipment that transform the way users manage data, conduct surveillance, and manage networks in the cloud era.

6th June 2018 Synology® today launches its Solution Exhibition located at the Xin-Yi Eslite store in Taipei during COMPUTEX 2018 (6/5-6/9), showcasing its first Mesh Wi-Fi router, MR2200ac, along with the updated Synology Router Manager (SRM) 1.2. Also unveiled at the exhibition are enterprise-level data... 

Zuma hints he will confront Msimanga over Taiwan trip 

By: African News Agency      3rd January 2017 President Jacob Zuma on Tuesday suggested he would use the next meeting of the President’s Coordinating Council to talk to Tshwane mayor Solly Msimanga about his visit to Taiwan, which has angered the government and ruling party. In a statement from his office, Zuma said he “has noted the... 

The impending trade facilitation agreement

By: Riaan de Lange     16th December 2016 Two years ago, December 12, 2014 to be exact, my last column for the year was simply titled, ‘Trade facilitation’, and now again, my final column for 2016 is devoted to trade facilitation - the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) that is. This time around, however,... 

Tussling over islands

By: Riaan de Lange     19th August 2016 One of my first memories when I first came to Pretoria many years ago is that of Fook Island. I recall that my cousin’s boyfriend stayed in a commune just off Atterbury road and, just up the road from the commune, at the corner of Mackenzie street and 20th street, was a house with extracts of the... 

AMD Strengthens South African Presence through COREX

1st August 2016 AMD today announced COREX (PTY) LTD, a market leader in PC gaming and peripheral distribution, as a regional distributor for its microprocessors including both CPUs and APUs. The announcement builds on an existing relationship between the two companies, with the primary aim of leveraging COREX’s... 

African and world airlines enjoyed increased passenger traffic last year

By: Keith Campbell     15th July 2016 Africa-registered airlines accounted for 2.2% of global scheduled passenger traffic last year, reports the International Air Transport Association (IATA) in its World Air transport Statistics 2016 – the 60th edition of this publication. In numerical terms, African airlines carried 79.5-million... 

Abalone spearheading SA’s aquaculture sector

By: Anine Kilian     9th March 2016 While abalone contributes just a part of the aquaculture sector – the fastest growing food-producing sector in the world – it remains one of the most sought-after invertebrates, especially in the East, which makes it key for the development of South Africa’s oceans economy. The abalone... 

Time to count your chicken import quota

By: Riaan de Lange     19th February 2016 The one thing in international trade that still astounds, but should  not, is what is referred to in the military – yes, they have a term for it – as ‘hurry up and wait’. If anything, the Gallus Domesticus (less elegantly known as chicken) saga exemplifies it. I will not bore you with all the... 

Itac launches sunset review of antidumping duties on PET imports

By: Riaan de Lange     12th February 2016 On January 29, the International Trade Administration Commission of South Africa (Itac) informed, through a Government Gazette notice, of the initiation of a sunset review of the antidumping duties on polyethylene terephthalate (PET), in primary forms (excluding liquids and pastes), classifiable... 

Possible antidumping terminations

By: Riaan de Lange     3rd July 2015 The International Trade Administration Commission of South Africa (Itac) informed on June 19  that, in accordance with the provisions of its antidumping regulations (ADR), any definitive antidumping duty would be terminated on a date not later than five years from the date of imposition, unless... 

Giada Reveals Powerful Yet Affordable Barebone PC - The i58B for the ME Market

9th June 2015 Giada Technology, an industry leader in mini PCs, embedded computing and servers for small and medium enterprises, announced a round of new products at this year’s Computex show in Taipei, Taiwan including the new barebone PC, the i58B. The i58B is targeted at high-end digital signage market... 

Giada to demonstrate new range of compact, high performance products at Computex 2015

20th May 2015 Giada Technology, an industry leader in mini PCs, embedded computing and servers for small and medium enterprises, is announcing a round of new products at this year’s Computex show in Taipei. Giada’s sophisticated and high-performance solutions will be on display to tens of thousands of expected... 

Lantek attends the most important trade shows in Southeast Asia

25th March 2015 Lantek, world leader in the development and sale of CAD/CAM/MES/ERP software for the sheet metal and metal structures industry, participates in the main industry and machine tools trade shows in Southeast Asia. More specifically, it had a booth at the "Taipei International Machine Tool Show”... 

SA to host OECD steel conference in Dec

By: Natalie Greve     21st November 2014 South Africa will become the first African country to host the Organisation for Economic Cooperation and Development’s (OECD’s) Steel Committee Conference when the committee’s seventy-seventh session takes place in Cape Town between December 11 and 12. The committee’s participants accounted for... 

Cape Town: A Design Destination

14th October 2014 All eyes will be on Cape Town when it transforms into the design destination from 15 – 19 October, hosting the three remaining WDC signature events as part of the World Design Capital 2014 (WDC 2014) programme. The WDC 2014 signature events are the Design House “Transforming Cities” Exhibition,... 

WTO deliberates on customs valuation of software

By: Callie Lombard     6th June 2014 On May 12, the World Trade Organisation (WTO) announced that the committee on customs valuation had discussed a proposal by Uruguay to update a 30-year-old decision that has allowed members to value, for customs purposes, software and data on the basis of the cost of the carrier media (such as... 

Three African cities maintain ICT maturity rankings – Ericsson

By: Natasha Odendaal     13th December 2013 Three cities in Africa have re-emerged as regional leaders in terms of information and communication technology (ICT) maturity, Ericsson’s latest report has found. Of the 31 cities measured for ICT maturity in Ericsson’s latest New City Index, Johannesburg, Cairo and Lagos achieved rankings of... 

WTO launches trade monitoring database

By: Callie Lombard     24th May 2013 On May 3, the World Trade Organisation (WTO) announced the launch of its new trade monitoring database. The database provides detailed information on trade measures implemented by WTO members and observers since October 2008. The trade policy data contained in the database is taken from the... 

Company Announcement: TransAsia Airways orders six additional A321neo

8th November 2012 Second NEO order for the Taiwanese company 

Revenue service announces tobacco products, enviro levy amendments

By: Callie Lombard     26th October 2012 On October 12, the South African Revenue Service (Sars) published numerous tariff amendments and a rule amendment. Most of the tariff amendments relate to tobacco products and the environmental levy, with the remaining two relating to outdoor television antennas and alkyd resins. 

New Zealand moots plain packaging for tobacco products

By: Callie Lombard     19th October 2012 I would like to make a declaration, at the very outset, that I am not a smoker, I have never been and have no intention of becoming one. The Business Action to Stop Counterfeiting and Piracy (Bascap), an initiative of the International Chamber of Commerce (ICC), cautioned on October 4 that New... 

ICC unveils draft world trade recommendations

By: Callie Lombard     12th October 2012 The International Chamber of Commerce (ICC) on September 28 unveiled the initial recommendations of its Business World Trade Agenda initiative, aimed at stimulating the global economy by helping to move the World Trade Organisation’s (WTO) multilateral trade negotiations out of an 11-year deadlock. 

Grain SA pushing for increase in dollar-based reference price for wheat

By: Callie Lombard     5th October 2012 The International Trade Administration Commission of South Africa (Itac) informed, through a notice in the Government Gazette of September 12, of an application received from Grain SA for an increase in the domestic dollar-based reference price for wheat, classifiable under tariff heading 1001.9,... 

High Court passes judgement in antidumping case

By: Callie Lombard     1st June 2012 The instalment of this column published on May 20, 2011, titled 'High Court reserves judgement in antidumping case', stated that, during April 28 and 29, the North Gauteng High Court had heard the case between the International Trade Administration Commission of South Africa (Itac), as the first... 


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