Featured

South Africa has become a signatory to the Tripartite Free Trade Area (TFTA). Launched in June 2015, the TFTA represents an integrated market of 26 countries with a combined population of 625 million people and a total gross domestic product (GDP) of $1.6 trillion.

South Africa joins Free Trade AreaOnce implemented, the agreement will see a reduction in the tariffs on goods traded between the tripartite countries, and will create new opportunities for exports as well as regional value chains. South Africa is 19th country to sign the agreement. The agreement will enter into force once 14 countries have submitted their instrument of rectification.

According to the Department of Trade and Industry, South Africa did not sign the agreement at its inception as there was still “outstanding work” in some of the annexures to the agreement. All the annexures have now been completed and adopted by the tripartite Sectoral Ministers Committee, enabling South Africa to sign the agreement.

Trade and Industry Minister Rob Davies says that South Africa has been a champion of the tripartite process from the beginning and committed to the process. “We are pleased to be in a position to sign the agreement. While the outstanding annexures were being finalised, South Africa, as part of Southern African Customs Union (SACU), participated in the negotiations to finalise the bilateral tariffs commitments.”

He adds that tariff negotiations between SACU and Eastern Africa Community (EAC) are very near to conclusion. “The conclusion of these negotiations will be another important step forward in the process, since it will provide commercial benefits to our business people by enabling them to trade products between SACU and EAC countries at a reduced or zero tariff,” he explains.

The agreement was signed in Kampala, Uganda, during a meeting of the tripartite Sectoral Ministers Committee. The meeting was attended by trade ministers and officials from the Common Market for Eastern and Southern Africa (COMESA), EAC, and Southern African Development Community (SADC).

Image Credit Flickr/GovernmentZAhttps://www.flickr.com/photos/governmentza/25857975565

Magazines

African Fusion

AfricanFusionAfrican Fusion, the official publication of the Southern African Institute of Welding (SAIW), aims to provide up-to-date insight into welding technology and the welding industry.

Capital Equipment News

Capital Equipment News is dedicated to the application of equipment and modes of transport that are used in the mining, construction, quarrying, and transport industries.

Construction World

ConstructionWorldConstruction World was first published in 1982 and has grown to become a leader in its field, offering a unique mix of editorial coverage to satisfy the diverse needs of its readers.

Electricity + Control

ElectricityandControlE + C publishes innovative, technical articles that provide solutions to engineering challenges in measurement, automation, control, and energy management.

Lighting in Design

LightingandDesignLighting in Design is a glossy, upmarket publication aimed at lighting professionals. It is the only B2B magazine in SA that is dedicated solely to the subject of lighting.

MechChem Africa

MechChemJanuary2017cover MechChem Africa supports African engineering and technical managers across the full spectrum of chemical and mechanical disciplines.

Modern Mining

ModernMiningEstablished in 2005, Modern Mining is one of SA's leading monthly mining magazines, noted for the quality and accuracy of its writing and the breadth of its coverage.

Modern Quarrying

ModernQuarryingModern Quarrying is firmly entrenched as a leading industry-specific magazine. It focuses on promoting the science and practice of quarrying and processing in southern Africa.

Sparks Electrical News

SparksElectricalNewsReadable and informative, Sparks Electrical News is the newspaper for those involved in installing and maintaining electrical supplies and equipment.

 
Full Name*
Invalid Input

Company Name*
Invalid Input

Your Email*
Invalid Input

Phone*
Invalid Input

Postal Address 1*
Invalid Input

Postal Address 2*
Invalid Input

Postal Code*
Invalid Input

Street Address 1
Invalid Input

Street Address 2
Invalid Input

Postal Code
Invalid Input

Town / City*
Invalid Input

Country*
Invalid Input

Magazine

Invalid Input

Invalid Input