Mining sector sees growth in second quarter
The growth recorded by the mining sector in the second quarter reaffirms the importance of all partners in the industry to work together in an effort to contribute positively to the growth of the economy. The Department of Mineral Resources on Tuesday noted that the sector grew by 4.9%... Read more
Fuel prices to remain unchanged in September
Fuel prices will remain unchanged for this month except for a 4.9 cents a litre increase in the retail margin of petrol, Energy Minister Jeff Radebe said. “The Minister of Energy Jeff Radebe, announces that the fuel prices will remain unchanged for this month except the 4.9c/l increase in... Read more
SA likely to exit technical recession in 3rd quarter
South Africa is likely to exit its technical recession in the third quarter, the Bureau of Economic Research (BER) said on Tuesday. “In terms of our forecast, I think that we will exit the recession in the third quarter,“ said senior economist at the BER, Hugo Pienaar. Gross domestic product... Read more
South Africa, China lift ties to a new level
South Africa and China have entered into several agreements that will enable economic growth and educational opportunities, the Presidency said on Monday. One agreement signed during the state visit by President Cyril Ramaphosa – on investment and trade promotion between the two countries – carries a monetary value of... Read more
Listeriosis outbreak declared over
Grocery stores and mums have been given the green light to once again stock processed meat on shelves and pack them in lunch boxes. This comes almost six months after polony and other ready-to-eat processed meats were declared no go areas by the Department of Health. “A team of... Read more
SA companies hopeful of trade opportunities in Peru
Finding investors and exploring trade opportunities are the prime objectives of South African businesses who are participating in the Department of Trade and Industry’s (dti) Outward Selling Mission to Peru. The mission kicks off today in Lima. “Our objective is to find businesspeople who can invest in our company,... Read more
SA scoops best exhibitor award in SADC region
South Africa took home the best exhibitor award in the Southern African Development Community (SADC) region at the conclusion of the 54th Feira International de Maputo trade fair on Sunday. The South African pavilion at the Feira International de Maputo (FACIM) was hosted by the Department of Trade and... Read more
Telecom conference to attract billions
South Africa will use the 2018 International Telecommunication Union (ITU) Telecom World platform to attract new investment into the country in an effort to meet the President’s target of US$100 billion investment over the next five years. “It is helping us to advance our ambitions as a country that... Read more
Trade and Industry Committee Notes Positive Progress made at South African Bureau of Standards’ (SABS’s)
The committee heard that the forensic investigation is further delayed due to a possible conflict of interest by the appointed forensic auditors  Parliament’s Portfolio Committee on Trade and Industry today held a follow-up meeting regarding the South African Bureau of Standards’ (SABS’s) forensic investigation pertaining to alleged irregularities emanating... Read more
SA companies explore opportunities in Peru
Local companies are to explore trade and investment opportunities in Peru as part of the Department of Trade and Industry’s (dti) Outward Selling Mission to that country. Minister Rob Davies said the mission forms part of the dti’s efforts to strengthen bilateral trade relations and increase trade and investment... Read more