According to engeneering news South Africa’s steel industry is facing some serious challenges, brought on by a global steel glut of 44 million tons a year, but it is vital for the country to do everything possible to maintain a sustainable, competitive steel industry as it is of strategic importance to the country, says Trade and Industry Minister Dr Rob Davies.
South African biotechnology and IP Company Green Cell Technologies® (GCT®), has been internationally acknowledged for its revolutionary technology, receiving the Frost & Sullivan Visionary Innovation Leadership Award – Food Processing, for its work in food security. The Award is recognition of the exceptional advances GCT® has made with its Disruptor™ technology in enhancing food production for the modern world.
South African wine exports reached 313 million litres in 2015 and are projected to grow by a further 13% in the next decade.
The Beverages Association of South Africa (BevSA) warned today that the proposed discriminatory tax on sugar sweetened beverages (SSBs) has the potential to reduce the industry’s contribution to South Africa’s Gross Domestic Product (GDP) by R14bn. This is the equivalent of 0,4% points of GDP growth in 2016. The Association announced the release of its formal response to National Treasury’s policy paper on this topic.
For 100 years, TaeguTec has been in the business of supplying the best products to companies around the world. While times have changed the one that has not is the superior quality and service offered by TaeguTec to all the manufacturing facets in South Africa.
According to StreetInsider.com Tyco (NYSE: TYC) announced that it has signed a definitive agreement to sell its security business in South Africa, which operates locally under the ADT brand, to Fidelity Security Group for approximately R1,9bn (US$140m).
In the wake of Brexit, entrepreneurial skills, a financial investment and a commitment to create employment, offer an attractive route to South Africans keen to acquire British residency and citizenship.