Davies: SA keen to reduce huge trade imbalance

2014-03-21 14:39

South Africa wants to step up efforts to reduce its huge trade imbalance, especially in value added exports, says Minister of Trade and Industry Rob Davies.

No more reckless lending to consumers

2014-02-28 05:30

MPs have given the green light to a bill which will see tougher new measures governing credit providers in a bid to address loopholes in the credit act.

Ministers laud Zuma’s speech

2014-02-14 08:39

President Jacob Zuma's Cabinet members have lauded his "fair" and "balanced" State of the Nation address.

Davies: Strikes not unique to SA

2014-01-23 17:36

Trade and Industry Minister Rob Davies wants a quick settlement of the platinum strike, which analysts fear may imperil SA's growth and investment targets.

SA to punt NDP to global leaders at Davos

2014-01-19 21:00

South Africa is planning to highlight the National Development Plan when seven ministers attend the World Economic Forum held in Davos, says the National Treasury.

Fracking a game changer for Karoo - Zuma

2013-11-29 22:08

President Jacob Zuma says the discovery of shale gas in the Karoo creates possibilities for growth and economic development in the Northern Cape.

Mthethwa: Rob Davies was 'used'

2013-11-24 16:28

Minister of Trade Rob Davies has been too quick to believe false claims of wrongdoing at the National Empowerment Fund, says its CEO Philisiwe Mthethwa.

SA top ‘dumping' spot for fake goods

2013-11-11 12:35

SA is seen as a top "dumping" destination for fake and illegally imported goods due to high demand among local consumers, says Minister of Trade Rob Davies.

Millions claimed from dti’s incentives

2013-11-05 19:25

It is possible to claim back millions from the department of trade and industry's incentives, according to a company specialising in the process.

Davies: No need for investors to worry

2013-11-04 21:44

South Africa will temporarily have a two-tier system of investment protection and investors should not fret, says Trade and Industry Minister Rob Davies.

Zuma arrives in DRC for visit

2013-10-29 15:08

President Jacob Zuma has arrived in Kinshasa in the Democratic Republic of Congo for a two-day visit.

Davies: B-BBEE does not impoverish whites

2013-10-17 13:17

No white South African has been impoverished by broad-based black economic empowerment policies, says Trade and Industry Minister Rob Davies.

Zuma set to launch Saldanha Bay zone

2013-10-08 18:30

After many years of planning and research, President Jacob Zuma will launch the Saldanha Bay Industrial Development Zone soon.

BBBEE summit was a great success - DG

2013-10-04 17:02

Discussions at the BBBEE summit have been fruitful and will assist the government in taking SA forward in terms of transforming the economy, says the dti.

Empowerment fund will not suspend CEO

2013-10-02 18:37

The National Empowerment Fund says it will not suspend its chief executive Philisiwe Mthethwa and two other employees pending an investigation.

Chicken tariff hike ruffles feathers

2013-10-01 07:57

A tariff increase on imported chicken has left local producers and importers disappointed, while consumers are set to fork out more amid soaring living costs.

Drastic hike in chicken tariffs

2013-09-30 12:36

Trade and Industry Minister Rob Davies has raised import tariffs for poultry with immediate effect, with tariffs for whole birds seeing the biggest increase.

Empowerment fund writes off millions in loans

2013-09-27 09:01

The National Empowerment Fund has written off R290m worth of non-performing loans last year, over double more than the previous year,a report shows.

Davies: Red tape hampering African trade

2013-09-19 12:38

Customs and border procedures remain a major impediment to trade between African countries, says Trade and Industry Minister Rob Davies.

Ex-ANC leader probed for R5m fraud

2013-09-01 13:47

Former ANC leader and businessman Mutumwa Mawere is being investigated by the Hawks after allegedly using the ruling party’s letterhead and the signature of a colleague to defraud the national lottery of more than R5m.

SA fracking could move ahead quickly

2013-08-22 13:03

The government could authorise shale gas exploration before next year's elections, Trade and Industry Minister Rob Davies has said.

More Brics trade on agenda next week

2013-08-15 10:42

The first Brics Business Council meeting will put certain opportunities in the spotlight next week, according to Patrice Motsepe.

More support for Dlomo boutique probe

2013-07-31 16:05

More calls have gone up for details into the R34.1m empowerment funding of media mogul Khanyi Dhlomo's designer boutique.

Govt launches plan for small business

2013-07-03 18:47

The government has announced guidelines to reduce municipal red tape to help small business development.

Obama hopes to strengthen trade links

2013-06-28 22:35

President Barack Obama is expected to address trade agreements and investment opportunities during his short stay in South Africa.


Davies: SA, China trade swells to R270bn

2014-03-12 15:00

South Africa's bilateral trade with China grew by almost 32% between 2012 and last year, says Trade and Industry Minister Rob Davies.

Fresh start for millions of consumers

2014-02-27 20:00

South Africans with paid-up default judgments against their names at credit bureaux are set to have their adverse records cleared in the next few months.

Davies: Support 'champion' SA companies

2014-02-02 17:57

There is a need to increasingly identify and support winning SA companies and strengthen their efforts with policy instruments, says Minister Rob Davies.

Davies: Investment prospects are bright

2014-01-22 15:05

Investment prospects for Africa and South Africa look bright, says Trade and Industry Minister Rob Davies, speaking from the World Economic Forum in Davos.

Mandela: Backbone of business

2013-12-08 16:02

Nelson Mandela turned South Africa from a pariah state to the world’s darling, and in doing so, he brought the country into the global economy, according to a report.

China no more biggest threat to SA clothing

2013-11-27 16:02

The elephant in the room of SA's declining clothing industry is no longer Mainland China, says an expert.

Buy local to create jobs, pleads Davies

2013-11-19 17:06

South Africans must buy local products to stimulate job creation, revenue and service delivery, says Trade and Industry Minister Rob Davies.

Zuma arrives in Namibia

2013-11-06 22:06

President Jacob Zuma has arrived in Namibia for a state visit, the presidency says.

Blacklisted consumers set for big relief

2013-11-05 18:46

The government will push for stricter affordability testing, which will see 1.6 million blacklisted consumers get debt rehabilitation, says Trade and Industry Minister Rob Davies.

Davies: Foreign investors should not fear

2013-11-04 14:55

Foreign investors are worried about whether they will be adequately protected by a new South African investment law that should come into force next year.

West Coast can get investments of R9.3bn

2013-10-27 12:35

The Saldanha Bay development zone about to be launced by President Jacob Zuma could attract foreign direct investments of about R9.3bn, according to a study.

Davies: BMW not going anywhere

2013-10-09 19:27

German car manufacturer BMW is not ceasing its production in South Africa, Trade and Industry Minister Rob Davies says.

Technology awards finalists announced

2013-10-07 17:16

The names of the finalists that will vie for top honours in the department of trade and industry's Technology Awards 2013 have been announced.

Zuma: Fronting for BEE is unforgivable

2013-10-03 14:27

The practice of fronting in black economic empowerment is unforgivable and the government will work hard to prevent and eradicate it, says President Jacob Zuma.

Poultry tariff hike good for jobs - Cosatu

2013-10-02 12:20

The increase in import tariffs for poultry should ensure job security and the long-term survival of the poultry sector, the Congress of SA Trade Unions says.

Consumers to pay more for chicken

2013-09-30 15:18

Putting a whole roast chicken on the dinner table is likely to cost more after Trade and Industry Minister Rob Davies announced poultry import tariff hikes.

Davies to unveil new BEE codes

2013-09-29 15:14

Trade and Industry Minister Rob Davies will reveal new black economic empowerment codes at a summit celebrating the promulgation of the BEE Act 10 years ago.

Africa still needs US export incentives

2013-09-24 09:18

Minister of Trade and Industry Rob Davies has visited the US to try and ensure the future of the Africa Growth and Opportunity Act.

Chicken price tariff battle gets ugly

2013-09-10 17:56

Local chicken producers and importers have been given a tongue lashing in Parliament after trading insults over a proposed increase in tariffs.

SA faces strike wave as labour strife widens

2013-08-22 15:33

SA faces a strike wave across leading sectors of the economy and the labour unrest is threatening to hit the struggling gold industry.

Zuma concludes Malawi visit

2013-08-18 21:03

The spokesperson for the presidency says President Jacob Zuma has concluded a working visit to Malawi where he attended a summit of SADC heads of state.

NEF defends funding Dlomo's luxury store

2013-08-01 11:30

The National Empowerment Fund supports its decision to grant R34.1m for a luxury store co-owned by Khanyi Dhlomo, saying the retail sector needs transformation.

Davies wants details on R34m Dlomo deal

2013-07-31 09:02

Trade and Industry Minister Rob Davies wants a report into the R34.1m granted by the National Empowerment Fund for a store co-owned by Khanyi Dhlomo.

Review regulation for SMEs, urges DA

2013-07-03 18:36

Trade and Industry Minister Rob Davies must set up an expert panel to review the regulations for small, medium, and micro enterprises, the DA says.

SA to push Obama for Agoa extension

2013-06-26 16:38

President Jacob Zuma will lobby US President Barack Obama to extend the African Growth and Opportunity Act, says Trade and Industry Minister Rob Davies.

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