Government rebukes BEE non-compliance
Government will crack down on those who circumvent black economic empowerment legislation, says Trade and Industry Minister Rob Davies. Speaking at the Broad-Based Black Economic Empowerment (B-BBEE) Commission’s conference in Midrand, Minister Davies said government is aware of the complicated practices companies engaged in to avoid complying with the... Read more
B-BBEE conference to talk state procurement
Trade and Industry Minister Rob Davies is expected to address the upcoming Broad-Based Black Economic Empowerment (B-BBEE) Commission’s annual conference that will place the spotlight on improving state procurement. Joined by his Deputy Bulelani Magwanishe and the Chairperson of the Portfolio Committee on Trade and Industry, Joan Fubbs, Minister... Read more
SA to engage US on steel, aluminium tariffs
The Department of Trade and Industry is engaging the United States on its decision to impose a global tariff of 25% on imports of steel and of 10% on imports of aluminium. “The Department of Trade and Industry (dti) is fully engaged with the matter and has undertaken discussions... Read more
Government committed to support SMMEs
Government remains committed to providing support to the country’s small and medium enterprises (SMMEs) as they are an important component to South Africa’s industrialisation, says Trade and Industry Minister Rob Davies. “We cannot achieve the goals and objectives of our Industrial Policy Action Plan (IPAP) and radical economic transformation... Read more
Dti leads delegation on mining trade mission
The Department of Trade and Industry (dti) is leading a delegation of companies on an Outward Selling and Investment Mission (OSIM) to Canada, which gets underway today. The investment mission is undertaken in collaboration with the Department of Mineral Resources (DMR) and Investment South Africa (ISA), a division of... Read more
Government welcomes Whirlpool investment
Trade and Industry Minister Dr Rob Davies has welcomed Whirlpool South Africa’s R100 million investment that is expected to create 100 jobs. The multinational, which manufactures a comprehensive range of KIC brand refrigerators and freezers among others, this week launched a new range of 14 upgraded bottom mount fridges... Read more
SA companies to show off wares at Ghana Trade Fair
Local companies are set to partake in the Ghana International Trade Fair that gets underway later this week. A group of 20 South African companies specialising in agro-processing, chemicals, clothing and textiles, forestry furniture, creative industries, built environment and capital equipment will exhibit their products and services at the... Read more
Volkswagen Group South Africa completes major investment programme and launches new Polo
Volkswagen launched its new Polo and showcased the R6.1 billion investment in its plant and new products, in the presence of Eastern Cape Phumulo Masualle, the honourable Deputy Minister Bulelani Magwanishe of the DTI, media representatives and key stakeholders. In August 2015, VWSA Chairman and Managing Director, Thomas Schaefer... Read more
Coega nominated as a finalists at the prestigious Premier Business Awards
The Coega Development Corporation (CDC) heads into this week nominated as one of the finalist at the prestigious fifth Annual SA Premier Business Awards taking place on Tuesday, 30 January 2018 at the Sandton Convention Centre. The CDC’s nomination follows an announcement by the Department of Trade & Industry... Read more
Strategic partnership programme introduced at Coega
The Coega Development Corporation (CDC) and the Department of Trade and Industry (dti) conducted a workshop at the Business Process Outsourcing Park (BPO), Coega SEZ yesterday. The workshop, which targeted various Small Medium Enterprises (SME’s) and large private sector enterprises in the Nelson Mandela Bay, provided an opportunity for... Read more