Search Results for: South Africa

BY RICHARD HURST, in Johannesburg
JAPANESE truck manufacturer Nissan Diesel is considering sourcing components from South Africa to benefit from the tariff reductions for imported vehicles containing locally made parts, local press reports claim. The Japanese company has indicated that it intends using South Africa as a base to expand truck exports into the rest of Africa.…

BY RICHARD HURST
SOUTH African exporters of low value items, notably steel and coal, are reported to be negotiating with the National Ports Authority (NPA) for reductions in the cargo dues that have resulted from recent tariff increases. Steel maker Iscor’s corporate affairs executive Phaldie Kalam said that it was concerned that they would still be paying more, despite the relief offered by the NPA.…

BY SWINEETHA DIAS WICKRAMANAYAKA
A SRI Lankan metal company is to try and exploit the advantages of the Indo-Lankan Free Trade Agreement by exporting its aluminium extrusions to the south Indian cities of Madras, Bangalore, Trivandrum and Cochin.

Lanka Aluminium Industries Ltd is planning to team up with Jindal Aluminium, of India, in its bid to move out its small domestic market.…

BY RICHARD HURST, in Johannesburg
DAVID Whitehead, the South African textile company, has announced that it will not axe any jobs in its factories provided output was increased. The company is currently negotiating with the South African Clothing and Textile Worker’s Union (SACTWU) over wages and conditions of employment in a bid to prevent redundancies.…

BY MARK ROWE
THE UNITED States faces another World Trade Organisation battle over tariffs, this time with Thailand over Washington’s intention to waive clothing duties on exports from South American countries. The Thai government has warned that its industries will suffer heavily if the US waives duties on garments and footwear exported from Bolivia, Colombia, Ecuador, Peru and Venezuela.…

BY RICHARD Hurst, in Johannesburg
DAIMLER Chrysler South Africa’s new dealer strategy has prompted the Retail Motor Industry (RMI) organisation to investigate the possibility of taking the matter before the country’s competition authorities.

The new strategy will see changes in ownership, franchise territories realigned and a single band ownership in the major urban areas.…

BY MATTHEW BRACE, in Sydney
AN AUSTRALIAN early warning device that monitors water quality in tuna cages and phones its information back to shore is proving to be a lifesaver for aquaculture fish stocks; the slightest change in conditions can wipe out millions of dollars worth of marine stocks and cripple sectors of the industry.…

BY KEITH NUTHALL
A RETURN of demand amongst consumers in the European Union for high quality beef following the decline of BSE has made the European Commission propose that the EU opens a special 1,000 tonne import quota for high quality fresh, chilled or frozen beef, with a low 20 per cent duty rate.…

KEITH NUTHALL
THE EUROPEAN Commission is to order tests on all imports of shrimps from Vietnam, Thailand and Myanmar, (Burma), to ensure antibiotic residues do not exceed EU health limits, following concerns raised by spot-checks on cargoes from these countries.

Results showed unsatisfactory contamination of shrimps from Vietnam and Thailand by Nitrofuran, veterinary drugs banned for food producing fish and animals in the EU on health grounds, including a possible increased cancer risks through long-term consumption.…

BY MATTHEW BRACE, in Sydney
AUSTRALIAN scientists are experimenting with an early warning device that monitors water quality in tuna cages and phones its vital information back to shore. The aim of the machine is to save the fish farming industry in Australia and others around the world millions of dollars.…