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Cuba economic assistance package

Cuba - South Africa

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

Rob Davies

Rob Davies

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

 

Yukio Edano

Yukio Edano

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

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…]

Brics ministers call on G20

World Investment Forum 2012

World Investment Forum 2012

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

Black Economic Empowerment

Black Economic Empowerment

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

Bolster industrialisation

Bolster industrialisation

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

South Africa Manufacturing

South Africa 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

Trade and Industry Minister Rob Davies

Trade and Industry Minister Rob Davies

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…]