Industrial Policy plan reaps benefits

Industrial Policy plan reaps benefits

The Industrial Policy Action Plan (IPAP2) has stabilised the clothing sector, turned around the automotive sector, added jobs in the business process services sector and had introduced procurement designation to boost local production, Trade and Industry Minister Rob Davies says.

Independent Power Producers chosen

The Department of Energy has announced the names of 19 bidders who have been selected as the preferred bidders for the renewable energy Independent Power Producers (IPP) programme, and has appealed to the financial sector to provide financing to selected bidders.

Petro SA, Sinopec partner on refinery

State oil company PetroSA has partnered with China's Sinopec Group to work together in pushing the building of the proposed US$11-billion Mthombo crude oil refinery project, to be built at Coega near Port Elizabeth.

SA climbs trade efficiency rankings

South Africa outperformed the rest of Africa, as well as its upper middle-income economy peers, in a World Bank survey of trade efficiency, improving its previous performance despite a general slowdown in trade logistics performance in the wake of the global recession.

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