New export incentive
programmes on the
cards
Two new export
incentive programmes
for the downstream steel
manufacturing and agroprocessing
sectors would be
formally unveiled during
the mid-term budget speech
in October, Minister of
Trade and Industry, Dr Rob
Davies, announced at the
official launch of the ninth
iteration of the Industrial
Policy Action Plan (Ipap) in
Johannesburg.
June 16 deadline
looms for new
regulations
The deadline is looming
for the roll-out by the
Mozambican Revenue
Authority (MRA) of the
second phase of the Single
Road Cargo Manifest
process.
Strong revenue
growth but slump in
profits for shipping
major
The AP Møller-Mærsk group
saw a US$424m increase
in revenue during the first
quarter (Q1) of 2017 to a
total of US$9 billion — with
significant increases of
US$ 343m (33%) in Maersk
Oil, and US$519m (10%) in
Maersk Line.
Richards Bay allays
concerns over impact
of protest action
Operations have returned
to normal at the port of
Richards Bay following
protests and damage to
port and police property by
striking workers.
