Trade and Industry Minister Rob Davies has come to the rescue of the beleaguered steel industry, approving a 10% ad valorem duty on certain imported steel products, which currently enter the country free of duty.   Stringent conditions:   His approval, however, is subject to certain stringent conditions - including that steel producers refrain from increasing prices for the products subject to the duty and that they honour their.... Read more »

Posted on : Monday , 7th September 2015

THE rapid growth of the mining industry, especially in Central Africa, is being mirrored in the market for mining explosives and chemicals across Sub-Saharan Africa. Almost 65 percent of major and minor mining firms in the region indicated that they would increase expenditure on explosives and chemicals in 2015, thereby stimulating a tepid market environment.   The mining industry has been propelled by relative political stability in.... Read more »

Posted on : Monday , 7th September 2015

Tesla NanoCoatings and Norwegian Drilling Group have launched a new class of corrosion protection coatings targeting the oil and shipping industries. Corrosion in these industries is a major maintenance issue that can severely hamper operations. Tesla NanoCoatings' products utilize carbon nanotechnology to prevent corrosion and extend the life of oil platforms and equipment as well as ships.   "We are very excited to partner with.... Read more »

Posted on : Monday , 7th September 2015

 East Africa is emerging as a trade hub to rival sub-Saharan Africa’s two heavyweight states of South Africa and Nigeria, according to analysis by Barclays published on Thursday. However the UK bank identifies five “sleeping giants” that present significant new opportunities for foreign companies; Ethiopia, the Democratic Republic of Congo, Mozambique, Tanzania and Ghana.   This quintet which are “playing.... Read more »

Posted on : Friday , 4th September 2015

 Intra-African trade increased by 50 per cent to $61 billion between 2010 and 2013, according to recent data released by the African Development Bank.   The rise is attributed to improved market access and a strong growth in re-exports among African countries.   The increase marks a strategic shift in internal trade on the continent, which was previously relatively low compared with trade flows from the European Union and.... Read more »

Posted on : Tuesday , 1st September 2015

 Namibia’s Information and Communication Technology Minister Tjekero Tweya and South Africa’s Communications Minister Faith Muthambi this week formulated a coordination arrangement regarding the countries’ respective digital terrestrial television migration projects. Print Send to Friend The cooperation and coordination arrangement would see a joint task team established to mitigate the potential cross border interference.... Read more »

Posted on : Tuesday , 1st September 2015

The seminar will invite GAC Automotive Engineering Institute to make a speech on the automotive surface anti-corrosion problems and requirements to technology and invite China Auto Parts &Accessories Management Consultant Co., Ltd to make a speech on the implementation of control system of auto parts supply chain. The attendees mainly are surface finishing engineers from automobiles, auto parts and accessories. The seminar also invites.... Read more »

Posted on : Tuesday , 14th April 2015

Surface finishing industry associations and key enterprises from China, America, Germany, Japan, Korea, Singapore and India, the national environmental protection department, principals of surface finishing technology from leading enterprises in automotives, household appliances, hardware and other manufacturing industry will attend the summit to introduce surface finishing industry in different countries, discuss the general situation of.... Read more »

Posted on : Tuesday , 14th April 2015

 Special Economic Zones (SEZs) are progressively becoming a policy tool of choice for governments to attract foreign investment to promote export oriented economy and growth, thus creating employment opportunities. Globally, there is a major shift in economic policies in developing countries which attempt to industrialise their economy by becoming more manufacturing based economies, export driven through setting up of free trade zones that.... Read more »

Posted on : Tuesday , 3rd February 2015

 The Minister of Trade and Industry, Dr Rob Davies (MP), launched the South African Nuclear Energy Corporation (NECSA) Tooling Centre of Excellence in Phelindaba, Pretoria, on 10 November 2014. The launch was held in partnership with the National Tooling Initiative (NTI) and NECSA. The minister said the tooling sector has been identified by the Department of Trade and Industry (the dti) as a "key programme to develop market and.... Read more »

Posted on : Tuesday , 3rd February 2015

 Africa still accounts for a very low share of global manufacturing value-added (MVA) and global manufacturing exports (1.1 percent and 1.3 percent respectively in 2008). Even more worrying is that Africa's share of global low-technology manufacturing exports, a sector where it should have immediate comparative advantages, fell from 1.5 percent in 2000 to 1.3 percent in 2008, as opposed to East Asia and the Pacific where it rose from 17.... Read more »

Posted on : Tuesday , 3rd February 2015

 In a special issue of its Economic Development in Africa Report this year, the United Nations Conference on Trade and Development (UNCTAD) collaborated with the United Nations Industrial Organization (UNIDO) to delineate strategies and policy options for Africa to foster its industrial development in the new global environment. The report advocates for African countries to embark on a new industrial policy centered on manufacturing.... Read more »

Posted on : Tuesday , 3rd February 2015