Mar 22, 2018 | Agriculture & Sugar, Forestry, Pulp & Paper, KZN Industrial & Business News
THE government has launched a R37.5-million biorefinery facility in Durban, which is set to extract maximum value from biomass waste. The facility, a first for South Africa, will support innovation in a range of industries, including forestry, agro-processing and...
Mar 22, 2018 | Government & Municipal, KZN Industrial & Business News
DURING the recent Budget Speech, then Finance Minister Malusa Gigaba announced that an additional R4.2 billion has been allocated to National Health Insurance (NHI) over the medium term. But what has been done with the money already allocated to the plan and how will...
Mar 22, 2018 | KZN Industrial & Business News, Property – Commercial & Industrial
IN a bid to retain business and attract more investment to the city, the eThekwini Municipality’s Economic Development and Planning Committee has agreed to set aside R1.8 million for the precinct management programme over the next three years. The initiative is a...
Mar 22, 2018 | Commerce & Trade, KZN Industrial & Business News
PROFESSIONAL services firm, Deloitte, has described the fourth running of the annual Deloitte Challenge as a “resounding success”, citing a record field, bumper prize pool and star power in the form of defending Comrades men’s champion Bongumusa Mthembu. This year’s...
Mar 22, 2018 | Government & Municipal, KZN Industrial & Business News
SUPPLIERS and Service Providers transacting with the eThekwini Municipality have been urged to ensure that their banking details are updated and correct on both the eThekwini supplier database and National Treasury’s Centralised Supplier Database (CSD). The CSD came...
Mar 22, 2018 | KZN Industrial & Business News, Quality Assurance, Water & Effluent Management
WITH a SABS ISO 9001 certification already under the belt for the past five years, SBS Tanks has now added the SABS 18001 to its certificate wall, something it believes further reinforces its credibility in the industry. OHSAS 18001, the Occupational Health and Safety...
Mar 22, 2018 | Food & Beverage, KZN Industrial & Business News, Manufacturing
FAST-moving consumer goods company (FMCG) processor and distributor, Willowton Group, has announced that they will absorb the one percentage point increase in the value added tax rate during April, May and June, effectively shielding their consumers from the VAT...
Mar 16, 2018 | KZN Industrial & Business News, Manufacturing, Plastics & Rubber
THE Competition Commission levied a hefty fine on a Durban resins manufacturer for what it described as “cartel conduct”. “NCS Resins (Pty) Ltd has admitted to price fixing and market division transgressions and has undertaken to pay a fine of R29.7 million,” said...
Mar 14, 2018 | EC Industrial & Business News, Import / Export, Transport & Logistics
THE recently finished Customs Control Area (CCA) in Zone 1 of the Coega Special Economic Zone (SEZ) will start operating on 1 June. The CCA enables a suite of incentives for businesses located in Zone 1 and 2 of the SEZ, including customs duty and VAT as well as...