Pretoria – Minister of Trade and Industry Rob Davies met with the Vice-President of the Cuban National Institute of Water Resources, Aymee Aguirre Hernanddez, in Cuba, to discuss implementation of the Economic Assistance Package that South Africa is providing to that country. [Read more…]
B-BBEE an imperative for SA
Pretoria – Broad-Based Black Economy Empowerment (B-BBEE) will continue to be regarded as an imperative in South Africa, says Trade and Industry Minister Rob Davies. [Read more…]
Davies in Japan to boost trade relations
Pretoria – Trade and Industry Minister Rob Davies is in Japan on an official visit to promote trade and investment ties between the two countries. [Read more…]
Boost to 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…]
Brics ministers call on G20
Pretoria – Brics trade ministers have asked their counterparts in the G20 to strengthen coordination in promoting a rigorous response to the current economic uncertainties. [Read more…]
Draft financial services sector code gazetted
Pretoria- The Minister of Trade and Industry, Dr Rob Davies, has gazetted the Phase II Draft Financial Services Sector Code in terms of Section 9 (5) of the Broad-Based Black Economic Empowerment (B-BBEE) Act 53 of 2003. [Read more…]
Tough talk over industrialisation expected
Cape Town – As South Africa moves to bolster industrialisation efforts within its own borders, the planned roll out of a giant free trade area across Africa may hit a snag when it comes to negotiating about trade in manufactured goods between member countries, the Minister of Trade and Industry Rob Davies said yesterday. [Read more…]
Economic downturn effects manufacturing
Cape Town – Trade and Industry Minister Rob Davies has highlighted that the global economic meltdown and European debt crisis was affecting SA’s manufacturing industry. [Read more…]
Davies maps route for free trade area
Cape Town – The first phase of setting up a free trade area across 26 countries in Africa is expected to come into effect in three years, Trade and Industry Minister Rob Davies said on Monday.
Briefing the media in Parliament, following Sunday’s meeting in Sandton to set up a free trade area between the Southern African Development Community (SADC), the Common Market for Eastern and Southern Africa (Comesa) and the East African Community (EAC), Davies said member countries had agreed to carry out negotiations in two phases – with the first to be concluded within 36 months. [Read more…]