Africa must turn resources into manufactured export products

There is a shared sense that international trade has great potential to contribute to growth and poverty reduction. There are several examples of countries in which integration into the world economy was followed by strong growth and a reduction of poverty, but evidence also indicates that trade opening does not automatically bring growth.

Government intervenes to save steel sector

The Department of Trade and Industry (DTI) says it is implementing measures to protect the steel industry. The local steel sector has recently been decimated, with thousands of workers retrenched as companies stopped running furnaces.

Amsa seeks cheaper electricity

ArcelorMittal South Africa CEO Wim de Klerk said on Friday that for the first time in years his company was in talks with Eskom on electricity prices, especially for its Saldanha Works, a heavy user of power.

AMSA wants customers to unite behind call for industry-wide protection

Steel producer ArcelorMittal South Africa (AMSA) has appealed to its downstream customers to join it in a united lobbying effort for higher levels of tariff protection on both primary and value-added steel products, which, it claims, are being displaced by cheap, subsidised imports that are threatening local firms and jobs.

Trade forum looks into poultry dumping claims

The poultry trade between South Africa and Namibia is not clearly defined, leading to confusion regarding the actual origin of many chicken products imported into the Southern African Customs Union (SACU). This surfaced after SACU announced a 13.9% tax on chicken of EU origin.

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