Pharma sector breathes sigh of relief over 2019 pricing

Health minister Aaron Motsoaledi has gazetted the 2019 increase in the single exit price for medicines and scheduled substances, and the pharmaceutical industry believes the increase of 3.78% for the coming year better reflects the operational costs of local manufacturers. “Last year the increase was 1.2%, which was totally out of kilter with manufacturers’ operating expenses,” says Stavros Nicolaou, senior executive at Aspen and chairperson of the Pharmaceutical Task Group (PTG), which represents SA’s major drug manufacturing associations. “We have worked hard at building a constructive relationship with both the…

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How the cargo ship industry is cleaning up its filthy act

Air pollution from cars and factories has been regulated in much of the world since the 1970s. When it comes to the smoke-belching ships that carry global trade, the rules have been a lot looser. Big changes start next January, though, when long-debated standards from the International Maritime Organisation mandate steep cuts of sulfur emissions associated with respiratory disease and acid rain. Much tougher rules are supposed to take effect in 2050, when the IMO will require ships also reduce carbon dioxide emissions by at least half. By itself, next…

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Maize planting area seen down 14% from last season

The poll estimates that 18% less maize will be planted compared with October estimate of 2.448m hectares. Picture: Balint Porneczi, Bloomberg South African maize farmers are expected to plant 14% less of the staple crop in the 2018/2019 season compared with the previous season after dry conditions delayed plantings outside the optimum window. South Africa’s Crop Estimates Committee (CEC) is expected to forecast the planted area at 1.998 million hectares, down from the 2.318 hectares planted last season, according to an average estimate of five traders and analysts polled by…

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the dti to Host SA Investment Roundtable at the Africa Mining Indaba

The Department of Trade and Industry (the dti), in collaboration with the Department of Mineral Resources (DMR) and Brand South Africa will host the South African Investment Roundtable on the margins of the 25th annual Investing in the African Mining Indaba in Cape Town on 5 February 2019. Team South Africa’s theme for this year’s Indaba is Invest in South African Mining. The purpose of the roundtable is to provide potential investors from targeted countries with the opportunity to interact with the South African political and business leadership in order to…

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Minister Davies launches TWIMS in Durban

Minister Rob Davies addressed the launch of the Toyota Wessels Institute for Manufacturing Studies (TWIMS) in Durban, KwaZulu-Natal on Monday, 26 November 2018. TWIMS is dedicated to the development of manufacturing and manufacturing-related executives, managers and government officials in Africa. Through its partnership with Gordon Institute of Business Science (GIBS), the institute will offer an MBA specialising in manufacturing. Minister Davies said that the TWIMS will accelerate the building of a deep manufacturing culture that South Africa is in need of to drive our own domestic demands and produce value…

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Government to unveil clothing, textile master plan

Government will soon announce a master plan aimed at growing the clothing, textile, footwear and leather retail value chain. “Our department has developed a master plan to grow the clothing, textile, footwear and leather retail value-chain. The plan, which is aimed at creating 60 000 jobs in the sector and enhance competition, will soon be announced,” said Trade and Industry Deputy Minister Bulelani Magwanishe on Tuesday. The Deputy Minister was speaking at the opening of Africa Bespoke Apparel (ABA) factory in Verulam, KwaZulu-Natal. The firm is a beneficiary of the…

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Working towards a sustainable future

South Africa and Namibia have signed a rectified agreement which will see the countries working towards restoring, maintaining and conserving the biological integrity within the fisheries space. The Memorandum of Understanding (MoU) will ensure the two counties share a border and transboundary of fishing species, the co-management of shared fish stocks, environmental monitoring, biodiversity and ecosystem health, mitigation of pollution, minimising the impacts of marine diamond mining and oil and gas production. The agreement was signed by Agriculture, Forestry and Fisheries Minister Senzeni Zokwana and his Namibian counterpart Minister Bernard…

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SA getting its ducks in a row for Fourth Industrial Revolution

Communications Minister Stella Ndabeni-Abrahams is hopeful that the ideas shared at the World Economic Forum (WEF) will empower South African industries to move at an enhanced speed towards the Fourth Industrial Revolution. The theme for WEF 2019, which concludes today, is ‘Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution’. Ndabeni-Abrahams said the theme is in line with the global vision which seeks to redefine major transformations and manage the new technologies that have been spurred on by the Fourth Industrial Revolution, as well as…

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SA, India to strengthen cooperation in agriculture

The governments of South and India have agreed to strengthen cooperation in the fields of agriculture, forestry and fisheries. The two countries made the commitment during a bilateral meeting between South Africa’s Minister of Agriculture, Forestry and Fisheries, Senzeni Zokwana and Indian Minister of State for Agriculture and Farmers Welfare, Parshottam Rupala, in New Delhi, India last week. The bilateral meeting was aimed at strengthening cooperation in agriculture, forestry and fisheries with a special focus on the areas of crop and animal production, research, food and nutrition security, agroforestry, aquaculture…

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Local producers to partake in German fruit fair

South African fruit and vegetable exporting companies will show off their wares at the upcoming Fruit Logistica Trade Fair in Germany. The trade fair will get underway on Wednesday in the country’s capital, Berlin. “The Fruit Logistica Berlin, which is regarded as the world’s leading international trade fair for the fresh fruit and vegetable industry, covers every sector of the international fruit and vegetable supply chain from production, distribution and marketing, through to the point of sale. “This includes global players as well as small and medium-sized suppliers from all…

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