Tag Archive | Dr Rob Davies

Caterpillar and DTI launch largest equity equivalent investment program in SA

Caterpillar and the South African Department of Trade and Industry (the dti) officially launched the largest ever Equity Equivalent Investment Program (EEIP) in the country. Caterpillar has committed to source components and related services in South Africa worth a total estimated value of approximately 1.3 billion Rand (about $96 million) over the next 10 years […]

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Minister Davies gazettes threshold for major B-BBEE transactions

The Minister Trade and Industry, Dr Rob Davies has gazetted the Threshold for Major B-BBEE Transactions which must be submitted to the Broad-Based Black Economic Empowerment (B-BBEE) Commission in terms of Section 13F (1) (f) of the Broad-Based Black Economic Empowerment Act 53 of 2003 as Amended by Act 46 of 2013 as well as […]

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KZN black industrialists receive boost

Black industrialists in KwaZulu-Natal have received a boost from the signing of a Memorandum of Understanding (MoU) between the Department of Trade and Industry and the KwaZulu-Natal Economic Development, Tourism and Environmental Affairs Department. Through the memorandum, the dti and the KZN department have committed themselves to establish a framework that will promote and ensure […]

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Minister Rob Davies launches Babelegi Industrial Park

Trade and Industry Minister Rob Davies on Tuesday launched the first phase of the revitalisation of Babelegi Industrial Park, saying the area has potential for economic growth. “We took the decision as the Department of Trade and Industry (dti) to support those operating in industrial parks because there is economic potential in them,” said Minister […]

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Female-owned pet food factory opened

The Department of Trade & Industry (the dti), Woolworths and the Industrial Development Corporation (IDC) officially opened the doors of K9 Pet Foods’ new 3 600 m² factory premises in the Western Cape. This opening is testament to the entrepreneurial spirit of a team of black women who put to test the intent of the […]

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The dti believes IPAP critical to Radical Economic Transformation

The Minister of Trade and Industry, Dr Rob Davies says the Industrial Policy Action Plan (IPAP) is critical to achieving Radical Economic Transformation. Minister Davies was speaking at the launch of the ninth iteration of IPAP which took place in Sandton on Monday. IPAP is firmly entrenched in government’s overall policy and plans to address […]

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Amended B-BBEE Forest Sector Codes gazetted

Trade and Industry Minister Rob Davies has gazetted the Amended Broad-Based Economic Empowerment (B-BBEE) Forest Sector Codes. Minister Davies also directed the sector codes should be reviewed within two years of gazette. “Two years from the date of gazette the sector code shall be reviewed to set new targets that will accelerate radical transformation.  The […]

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Davies urges strong action against non B-BBEE compliant companies

The Minister of Trade and Industry, Dr Rob Davies says the Broad-Based Economic Empowerment (B-BBEE) Commission should take action against companies that are found to not be complying with the B-BBEE requirements for transformation. Minister Davies was speaking at the breakfast session held by the B-BBEE Commission on the national state of transformation, in Midrand, […]

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B-BBEE Commission reports on state of transformation

The Broad Based Black Economic Empowerment (B-BBEE) Commission will host a breakfast session in Midrand on Friday 24th March 2017. The B-BBEE Commissionwas established in terms of section 13B of the amended B-BBEE Act as an entity within the administration of the Department of Trade and Industry (the dti). The session is aimed at presenting […]

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DTI leads business delegation to West Africa

The Department of Trade and Industry (the dti) will lead a business delegation on a Trade and Investment Mission to Accra, Ghana and Lagos, Nigeria from 20-25 March 2017. The mission forms part of the dti’s objective to identify and create export markets for South African value-added products and services. It will also serve to […]

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