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Boost for SA manufacturing sector

Manufacturing Competitiveness Enhancement Programme

Manufacturing Competitiveness Enhancement Programme

Pretoria – The launch of the Manufacturing Competitiveness Enhancement Programme (MCEP) has been a major boon to the manufacturing sector, says Trade and Industry Minister Rob Davies. [Read more…]

Denel, Airbus sign a new agreement

A400M

A400M

Pretoria – Denel and Airbus Military have signed a new agreement with revised terms for manufacturing aircraft components on the A400M, in a development that will contribute significantly to the financial turnaround of the South African company. [Read more…]

SA to become locomotives builder

Transnet

Transnet

Cape Town – South Africa is on track to become a manufacturer of locomotives for the rest of Africa, Transnet chief executive Brian Molefe said today.

Briefing the Portfolio Committee on Economic Development on the parastatal’s R300 billion market demand strategy, Molefe said the R4 billion that Transnet planned to spend over the next seven years on research and development in rail and ports equipment would help develop a locally driven manufacturing industry. [Read more…]

Boost to manufacturing sector

Manufacturing Sector

Manufacturing Sector

Cape Town – The manufacturing sector is to get a R5.75 billion injection over six years from the Department of Trade and Industry to help factories become more competitive in the increasingly difficult global economic environment. [Read more…]