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R200 Million Plan to Unite SA's Textile Industry
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- Category: Industrial & Machinery
- Published on Tuesday, 01 July 2014 07:16
- Written by Super User
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South Africa's Department of Trade and Industry has approved a R200-million grant and a five-year plan for the establishment of the Southern African Sustainable Textile and Apparel Cluster (Sastac), in a bid to improve the industry's competitiveness while uniting it under an umbrella body.
Making the announcement on Monday, Trade and Industry Minister Rob Davies said the initiative sought to build the capacity of South Africa's industry to supply local and international consumers with "fully traceable sustainable apparel and household textile products".
This would include supplying textile and apparel products that adhered to the 100% local content requirement for procurement by local government.
Manufacturing in the mining industry can yield economic growth
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- Category: Industrial & Machinery
- Published on Tuesday, 01 July 2014 07:05
- Written by Super User
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South Africa’s National Development Plan emphasises the critical and indispensable role of manufacturing as a key driver of economic growth, and a segment in which this country could achieve greater outcomes is the manufacture of mining equipment. There are caveats, though: better policies must be adopted and manufacturing competences prioritised.
During the Manufacturing Indaba, held in Johannesburg last month, University of Cape Town business-government relations professor David Kaplan highlighted the international competitiveness of South Africa’s mining equipment sector, which boasted high-technology content, high-end manufacturing and high-end services.
Read more: Manufacturing in the mining industry can yield economic growth
Towards Dynamic Industrial Policies in West Africa
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- Category: Industrial & Machinery
- Published on Tuesday, 01 July 2014 07:00
- Written by Super User
- Hits: 2092
"The enhanced structural transformation of the African continent requires the adoption of credible industrial policies and the creation of efficient structures to implement them". This was the point made in the speech by the Minister of State, Minister of Planning, Land Improvement and Community Development of Niger, His Excellency Mr. Amadou Boubacar Cissé during the launching on Friday June 20, 2014, in the Conference Room of his Ministry, of the Economic Report on Africa 2014, entitled,"Dynamic Industrial Policy in Africa: innovative institutions, effective processes and flexible mechanisms".
Read more: Towards Dynamic Industrial Policies in West Africa
AfDB canvasses private funding of Africa’s agro-industrial sector
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- Category: Industrial & Machinery
- Published on Tuesday, 01 July 2014 06:57
- Written by Super User
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THE African Development Bank (AfDB) has advocated private investment in Africa’s agro-industrial sector to promote sustainable agricultural development in the region.
AfDB’s Regional Director for West Africa, Mr Janvier Liste, made the call in Abidjan on Wednesday.
Liste said this in his address during the signing of funding agreement between the fund for the Acceleration of Agricultural Development (FADA) and the Ivorian Society of Animal Production (SIPRA).
Read more: AfDB canvasses private funding of Africa’s agro-industrial sector
