NEWS

  • TIPS FDI Tracker update on Foreign Investments - THE REAL ECONOMY BULLETIN

    Foreign direct investment projects The TIPS FDI Tracker monitors foreign direct investment projects on a quarterly basis, using published information. The total investment value from projects captured this quarter was R68.9 billion. Projects captured in the fourth quarter are a mix of those announced at the 2020 Investment Conference and others identified outside the conference. The third South African Investment Conference took place in November 2020 against the backdrop of the COVID-19 depression. It picked up 50 pledges from foreign and local companies, totalling approximately R109 billion. Of these, 21 pledges totalling R36.1 billion came from foreign companies. As with previous conference pledges, some of the investments are already in the pipeline, rather than entirely new projects. The FDI Tracker for quarters three and four 2020 will provide a detailed analysis.
  • Powerfuels and Green Hydrogen

    Powerfuels are synthetic gaseous or liquid fuels based on renewable hydrogen, which is hydrogen obtained by the electrolysis of water using renewable electricity. Powerfuels are therefore a renewable alternative to fossil fuels (as their use avoids net emissions of CO2), to be used in sectors which may be difficult to decarbonise and may not be easily driven directly by renewables-based electricity.
  • Review of the Draft Public Procurement Bill

    On 19 February 2020, the National Treasury released the Draft Public Procurement Bill (“Draft Bill”) for public comments. The overriding purpose of the Draft Bill is to introduce a single regulatory framework for local, provincial and national government and state-owned enterprises; and to create the necessary institutions to ensure the integrity of the procurement system and to address potential violations. The Bill also replaces critical provisions in the existing Preferential Procurement Policy Framework Act of 2017 relating to the scoring and award of government tenders.

THEMES

GREEN & CIRCULAR ECONOMY

The EU Chamber, supported by policies of the European Union, promotes the transformation towards an inclusive green and circular economy … more

INVESTMENT CLIMATE

A conducive investment climate is essential for a country to achieve inclusive and sustainable growth. It plays a decisive role in attracting national and foreign investments. …more

INDUSTRY 4.0/5G

Within the Industry 4.0 spectrum, the EU positions itself as a key “solution provider” in production technology, digitalization and resource efficiency. …more

AGRICULTURE & MARKET ACCESS

The Economic Partnership Agreement (EPA) between the European Union and the Southern African Development Community EPA Group came into effect in October 2016. …. more

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