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BRICS New Development Bank confirms appointment of South Africa’s representatives

The BRICS New Development Bank (NDB) has confirmed that Mr Dondo Mogajane, Director-General of the National Treasury has been appointed as the new Director representing South Africa. This follows the expiration of Mr Tito Mboweni’s term of service as Director of the NDB in early July. Mr Tito Mboweni commenced his term as South Africa’s Director at the NDB on 03 July 2015, for a 2-year term, which ended on 02 July 2017.

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Export Week drives home localisation

The 21st of October marked the final day of Export Week in Durban, which was a signature event sponsored by TIKZN. With a jam-packed programme and many high profile speakers sharing real insights and advice to existing and emerging exporters – it’s no wonder the event was coined “a success” according to Trade Invest KwaZulu-Natal’s Executive Manager for Export Development and Promotion, Lester Bouah.

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Higher steel tariffs unlikely says Radebe

Minister in the Presidency Jeff Radebe has said that it is unlikely that government will raise tariffs on cheap steel imports, despite calls from industry to protect local manufacturers. Factors influencing their decision includes political alliances and South Africa’s standing amongst BRICS (Brazil, Russia, India, China and South Africa) members as well as overarching trade considerations.

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