The Minister of Trade and Industry, Dr Rob Davies says the South African government recognises the significance of the film industry and is committed to supporting it in order to ensure that it continues to contribute to the country’s economic growth, creating jobs and telling the South African stories to the world. Davies was speaking at the launch of the revised guidelines of the Department of Trade and Industry’s (the dti) film and television production incentives which took place at the … [Read more...] about Government committed to supporting Film Industry
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Pledge Signed to Improve Access to Finance for Black Industrialists
The Minister of Trade and Industry, Dr. Rob Davies together with First National Bank (FNB) Chief Executive Officer (CEO) for Public Sector Banking, Mr Kgosi Ledimo have today signed a pledge that will improve access to finance for Black Industrialists (BI) to fast-track accelerated economic transformation at a ceremony that was held in Johannesburg. Speaking at the event, Davies outlined that the partnership will see the two entities share information regarding various products offered by the … [Read more...] about Pledge Signed to Improve Access to Finance for Black Industrialists
Rob Davies responds to GMSA decision to quit South Africa
The Minister of Trade and Industry, Dr Rob Davies has learnt of the announcement by General Motors South Africa (Pty)Ltd to cease some of their operations in South Africa with regret and concern for the numerous employees whose jobs and livelihood will be directly and indirectly affected as a result Minister Davies notes that the decision by General Motors is part of a broader, international strategic position by the company to exit certain markets and focus the organisation on target markets … [Read more...] about Rob Davies responds to GMSA decision to quit South Africa
Davies – We have cracked the Agoa deal
The salmonella issue has been concluded and the South African market is now open for 65 000 tonnes of US poultry imports, Rob Davies, Minister of Trade and Industry (dti), told media on Thursday. Briefing media about progress regarding the US African Growth and Opportunity Act (Agoa), Davies said the US has signed all documents and he is now awaiting formal indication that the agreement has been concluded. He commended the people involved in the negotiations, saying they had cracked the … [Read more...] about Davies – We have cracked the Agoa deal
Rob Davies working on US AGOA Ultimatum
Industry role players warned on Friday 6 November 2015 that SA has only 60 days to avoid a profoundly negative impact on its economy after the US threatened to suspend its duty-free farm trade status. (See: 60 days left for SA to avoid US ultimatum). The DA's shadow minister of trade and industry Geordin Hill-Lewis, said that South Africa’s suspension from the African Growth and Opportunity Act (AGOA) will affect roughly R2.4bn of SA’s annual agricultural exports, covering products like wine, … [Read more...] about Rob Davies working on US AGOA Ultimatum
National Liquor Norms and Standards gazetted
Trade and Industry Minister Rob Davies has gazetted the National Liquor Norms and Standards 2014, which came into effect on Friday. The purpose of the norms and standards is to ensure that liquor regulation and practices are harmonised and that there is effective and uniform enforcement of liquor laws. They also seek to reduce the socio-economic and other costs of alcohol abuse by reducing access to the availability of liquor, among others. According to the norms and standards, the … [Read more...] about National Liquor Norms and Standards gazetted
More automotive industry incentives
Trade and Industry Minister Dr Rob Davies has approved the new Medium and Heavy Commercial Vehicles-Automotive Investment Scheme (MHCV-AIS) guidelines to stimulate investment in the production of vehicles in the country. The MHCV-AIS is a sub-component of the Automotive Investment Scheme, an incentive designed to grow and develop the automotive sector in South Africa. "The broadening of the scope of the AIS to include medium and heavy commercial vehicle manufacturers is in line with the … [Read more...] about More automotive industry incentives
Good news for job creation
Rob Davies says that the production of up to 5 000 trucks at the newly launched First Automobile Works (FAW) vehicle assembly plant in Coega, Port Elizabeth, is good news for job creation in the country. Speaking before President Jacob Zuma launched the R600-million plant on Thursday, Trade and Industry Minister Dr Rob Davies, said hundreds of jobs would result from FAW operations in the Eastern Cape. Located in Zone 2 of the Coega Industrial Development Zone (IDZ), the production plant is … [Read more...] about Good news for job creation
Buying pirated goods encourages illegal activity
Paying a fraction of the price for your favourite DVD might seem like a sweet deal, but the Department of Trade and Industry has warned that there is a very bitter side to pirated and illicit goods. "Counterfeit and illegally imported goods deprive honest workers in the creative industry of jobs and sustainable income. Manufacturing, selling or buying these goods is not only illegal; it literally takes the food out of the mouths of honest businesses, up and coming artists, entrepreneurs and … [Read more...] about Buying pirated goods encourages illegal activity
Support for proposal to clear bad credit info
The Department of Trade and Industry (dti) has received 98 written comments, most of which support the Removal of Adverse Credit Information, Trade and Industry Minister Dr Rob Davies said on Tuesday. Briefing reporters ahead of his meeting with the National Council of Provinces (NCOP) later today, Davies said the department had received 98 comments on the adverse credit information proposal. The department had published in the Government Gazette a notice requesting public comments on the … [Read more...] about Support for proposal to clear bad credit info
SEZs to Join IDZs
A new Bill gazetted today aims to boost job creation and industrialisation in outlying areas through the licensing of special economic zones (SEZs). Briefing the media in Pretoria on the gazetting of the Special Economic Zones (SEZ) Bill for public comment, the Minister of Trade and Industry Rob Davies said special economic zones would expand the work done by the Industrial Development Zones (IDZs) and attract more foreign investment. In particular SEZs would also help stimulate … [Read more...] about SEZs to Join IDZs
Dti Gazettes BBBEEAB
Trade and Industry Minister Rob Davies has gazetted the Broad-Based Black Economic Empowerment Amendment Bill (BBBEEAB), which aims to align the B-BBEE Act with other legislations impacting on black economic empowerment. The amendments also aim to establish a B-BBEE Commission that will set up an institutional environment for monitoring and evaluating black economic empowerment. It also provides for the regulation of the verification industry by the Independent Regulatory Board of Auditors, … [Read more...] about Dti Gazettes BBBEEAB
PE Artist Royalties Public Hearings Scheduled for 11 May
Pretoria - Public hearings into the distribution and collection of artists' royalties will kick-off next month, the Department of Trade and Industry (dti) said. The hearings are a result of the appointment of a six-member Copyright Review Commission (CRC) last November. The panel appointed by Minister Rob Davies was tasked with reviewing the concerns raised by the creative industry on the issue of royalties. The CRC began its work on 1 February, chaired by retired Judge Ian … [Read more...] about PE Artist Royalties Public Hearings Scheduled for 11 May
1 May Companies Act Implementation Date
The Department of Trade and Industry (dti) has recommended 1 May 2011 as the implementation date of the Companies Act. In a statement, the department said it had taken note of the high volume of enquiries regarding the implementation date of the Act that intends to create an environment that is conducive to economic growth and development. The Act provides enhanced protection for minority shareholders, as well as streamlined processes to register companies and preventing company … [Read more...] about 1 May Companies Act Implementation Date
Copyright Review Commission to be Artists Voice
South African artists, who have long grappled with the issue of the mishandling of their royalties, will now have a chance to voice their grievances - and the Department of Trade and Industry says it is ready and willing to listen. Artists have raised concerns that their royalties are not properly distributed to the rightful owners of copyright by collecting societies. The dti is now urging members of the creative industry and public to submit their views and recommendations to the … [Read more...] about Copyright Review Commission to be Artists Voice
