BRICS agrees to strengthen cooperation
BRICS member countries have agreed to strengthen cooperation and mutual assistance to facilitate trade between bloc countries and other developing countries. BRICS (Brazil, Russia, India, China and South Africa) customs administrations are in Durban for the 10th Annual BRICS Customs Experts Technical Working Group hosted by the South African... Read more
SA film industry continues to attract investment
The South African film and television industry continues to attract Foreign Direct Investment (FDI) and create employment for the services sector, despite the economic challenges that South Africa experienced. Following a site visit to the Cape Town Film Studios on Wednesday, acting chairperson of the Portfolio Committee on Trade... Read more
SA on the road to economic recovery
South Africa is on the road to economic recovery and government is creating an enabling environment to boost investor confidence. This was an assurance given by President Cyril Ramaphosa to investors and business leaders in London on Wednesday. The President held various engagements including attending the Commonwealth Business Forum’s... Read more
India-SA Business Summit to strengthen investment
South Africa will later this month host the India-South Africa Business Summit. The Department of Trade and Industry (dti) will host the Business Summit in partnership with the High Commission of India, Ministry of Commerce and Industry of India, Invest India, the Confederation of Indian Industry, and the Federation... Read more
More strategic investment in Africa’s ports can accelerate growth and development by strengthening trade – PwC report
Despite the high volumes of goods that require transport, the development and integration of ports in Africa’s wider logistic chains remains uneven Africa needs to take advantage of the economic potential of its ports and shipping sector if it is to realise its growth ambitions. Globally, ports are gateways... Read more
SARS to host BRICS tax authorities
The South African Revenue Service (SARS) will host the BRICS heads customs authority meeting in Durban next week. “The revenue service will host the Customs Cooperation meeting, which is a representation of the heads of customs authorities from BRICS member countries: with... Read more
Minimum wage bill before Parliamentary Portfolio Committee
The Department of Labour says the National Minimum Wage (NMW) Bill and supporting Basic Conditions of Employment and Labour Relations Bills are currently before the Parliamentary Portfolio Committee on Labour, for consideration. The department is dedicating the month of May (Workers Month) to the National Minimum Wage, which is... Read more
Denel on a new path to recovery
State owned companies cannot just simply borrow their way out of the difficulties they find themselves in, Public Enterprises Minister Pravin Gordhan said on Monday. Announcing the appointment of an interim board at the premises of the aerospace and defence technology company, Denel, in Tshwane, Minister Gordhan, who was... Read more
Dti Minister to launch Gauteng InvestSA One Stop Shop
Trade and Industry Minister Rob Davies and Gauteng Premier David Makhura are expected to launch Gauteng’s Investor One Stop Shop (OSS) on Tuesday in Sandton. The launch will take place at the Gauteng Investment Centre in Sandton (1 Sandton Drive). The InvestSA One Stop Shop is a government programme... Read more
6.6 million workers to benefit from National Minimum wage
More than six million workers are expected to benefit from the National Minimum Wage when it is introduced, says Labour Minister Mildred Oliphant. Speaking during an interview with the Government Communications (GCIS) in Tshwane on Monday, Minister Oliphant said through the Ministerial Sectoral Determinations, there are 4.5 million workers... Read more