Source: The Department of Trade, Industry and Competition, South Africa |

Coronavirus – South Africa: Remarks by Minister Ebrahim Patel at the National Covid-19 Conference and Webinar, held on 31 July 2020

South African-designed and manufactured ventilators are rolling off the production line

By Minister Ebrahim Patel Ministers Blade Nzimande our host today and our innovation champion Minister Zweli Mkhize, who leads our national medical efforts Cabinet Ministers present today.  Director General of the WHO, Dr Tedros Gebreyesus African Union Commissioner, Sarah Anyang Agbor Distinguished scientists and participants Fellow South Africans Today, there…

Source: The Department of Trade, Industry and Competition, South Africa |

Coronavirus – South Africa: Building African Economic Resilience is key for Continental Prosperity, says Minister Patel in briefing African Union Ministers

The disruptions caused by covid-19 to global supply-chains has come at an enormous economic cost to countries across the world, including those in Africa

The Minister of Trade, Industry and Competition, Mr Ebrahim Patel participated in the African Union meeting of Ministers of Agriculture, Trade and Finance yesterday, calling for greater efforts to build economic resilience across the African continent. Minister Patel said that there is a critical need to build Africa’s agricultural and…

Source: The Department of Trade, Industry and Competition, South Africa |

Coronavirus – South Africa: Government's ventilator project enters production phase - first units expected soon

This development comes after an intense few months during which prototypes were designed, developed and tested, while adhering to very strict technical and safety specifications

In a first on the African continent, South African manufactured ventilators are in production and the first life-saving machines will be ready in a few weeks' time. These ventilators will complement the existing stock in the public and private healthcare industry and additional purchases of ventilators from global manufacturers and…

Source: The Department of Trade, Industry and Competition, South Africa |

Coronavirus: South Africa (SA) and Zambia should formulate Innovative Solutions to manage COVID-19 effects on Economic Relations – Deputy Minister Gina

Gina stressed that the response to this pandemic had to be on par with the challenges and further suggested practical actions that could be considered during the virtual semina

The devastating effects of the Covid-19 pandemic suffered by our economies compels us to swiftly formulate innovative solutions that will manage and minimise the negative effects of the virus on our respective economic, cultural investment, political and trade relations. This was said by the Deputy Minister of Trade, Industry and…

Source: The Department of Trade and Industry, South Africa |

Coronavirus: South Africa and Zambia to strengthen Trade Relations

The theme for this year’s meeting is Developing Afrocentric solutions and forging partnership in response to COVID-19

The Deputy Minister of the Department of Trade, Industry and Competition (the dtic), Ms Nomalungelo Gina will address a virtual Trade and Investment seminar with Zambia. The two day-session will take place tomorrow,  9 July 2020 to Friday, 10 July 2020 from 09:00 The theme for this year’s meeting is…

Source: The Department of Trade and Industry, South Africa |

Coronavirus – South Africa: Government commences urgent investigation into the supply of scrap to the Metals Industry in response to COVID-19

The downturn in global manufacturing resulting from COVID-19, has led to the amount of scrap metal available locally and internationally being dramatically reduced

The Minister of Trade, Industry and Competition (the dtic), Mr Ebrahim Patel, has today issued a trade policy directive to the International Trade Administration Commission of South Africa (ITAC) to urgently look into measures to help support the metals industry which, as a result of COVID-19, is facing several severe…

Source: The Department of Trade and Industry, South Africa |

Coronavirus: South African Remarks at the Second Extraordinary G20 Trade and Investment Ministers Meeting on 14 March 2020

South Africa, as the current chair of the African Union, has been leading in mobilizing financial support to address the health as well as the economic crisis

South Africa today gave its support to a package of trade and investment measures to address the Covid-19 challenges faced across the world, adopted by Ministers from the Group of 20 (G20) countries. These measures include the need to expand productive capacity of essential goods and services, including pharmaceuticals, medical…

Source: The Department of Trade and Industry, South Africa |

Coronavirus - South Africa: COVID-19 impact on the economy

The pandemic has caused a massive and rapid shock on the economy, starting globally and transmitted rapidly to South Africa and the rest of the continent

The Department of Trade, Industry and Competition (the dtic) has noted with concern a series of recent comments and news articles that give the impression that the Minister of Trade, Industry and Competition, Mr Ebrahim Patel, has underplayed the extent of the costs that Covid-19 and the lockdown will impose…

Source: The Department of Trade and Industry, South Africa |

Economic growth and transformation require Black Industrialists who are in charge of means of production - Deputy Minister Magwanishe

He said that at the heart of government’s policy intervention was the advancement of the industrial sector to alleviate poverty, inequality and unemployment

Economic growth and transformation will rely on Black Industrialists who can produce, own and distribute goods and anchored in value-addition. This was said by the Deputy Minister of Trade and Industry, Mr Bulelani Magwanishe at the opening of an R81 million factory belonging to Africa Bespoke Apparel (ABA), a Black…

The Department of Trade and Industry, South Africa
Source: The Department of Trade and Industry, South Africa |

South Africa Economy needs to grow faster to create jobs for youth – Ddg Zikode

He was delivering a keynote address at the inaugural Oil and Gas Sector Transformation Workshop held at the South African Bureau of Standard in Pretoria

The South African economy must grow at a faster pace in order to create job opportunities especially for youth. This was said by the Deputy Director-General of Special Economic Zones and Economic Transformation at the Department of Trade and Industry (the dti), Mr Sipho Zikode. He was delivering a keynote…