News

		The Preferential Procurement Policy Framework Act (PPPFA) promulgated in June 2011 came into force on 7 December 2011. The list of designated products include power pylons, rolling stock, buses, canned vegetables, clothing, textiles, footwear, leather products and set-top boxes and comes against the background of the recently unveiled ‘Local Procurement Accord’, which commits business, labour and government to increase local procurement. Further designations would follow in 2012. Download the PPPFA regulations guidelines

		The South African Government’s Approach to Future International Investment Treaties The South African Government adopted a new investment policy framework in July 2010. The new policy aims to modernise and strengthen South Africa’s investment regime by implementing a series of policy measures that will ensure South Africa remains open to foreign investment, provides adequate security and protection to all investors, while preserving the sovereign right of the South African Government to pursue developmental public policy objectives.

		Proposed accreditation of chambers in the administration of rules of origin in SA A substantial part of trade flows across South Africa’s borders is today subjected to rules of origin. These rules are used to determine the economic nationality or country of origin of a particular product. They belong to the domain of customs and international trade policy and are used to determine the treatment to be afforded to products when moving across national frontiers.

		Report form the World Bank on Social and Economic Conditions Africa Development Indicators (ADI) 2011 is the latest set of data from the World Bank on social and economic conditions across the continent and provides the most detailed collection of data on Africa. It contains macroeconomic, sectoral, and social indicators, covering 53 African countries. The ADI is designed to provide all those interested in Africa with a focused and convenient set of data to monitor development programs and aid flows in the region. It is an invaluable reference tool for analysts and policymakers who want a better understanding of the economic and social developments occurring in Africa.

		Procurement and Designation of products by the Dti The meeting was convened to discuss implementation of the preferential procurement regulations. The dti reported the products and sectors which were likely to be designated by 7 December 2011, such as Canned vegetables, Buses, Rolling stock, Power pylons, Set top boxes, Pharmaceuticals, Clothing, textiles, leather and footwear

		SARS Modernisation Programme on Customs Procedures SARS presented an outline of their modernisation project.

		Strategic plan for investment in Africa JADAFA and the Agricultural Business Chamber joint together to develop a strategic plan for investment in Africa.

		South African Investor's Handbook Department of Trade and Industry’s (the dti’s) Trade and Investment South Africa (TISA) division brings you this updated edition of South Africa: Investor’s Handbook. The publication aims to highlight the wealth of investment opportunities and diversity of economic sectors from which investors can derive long-term benefits. The Handbook offers investors a broad overview of the social, cultural, environmental and regulatory environment in which they can expect to operate when doing business in South Africa.