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2010/07/22

R Davies, E Patel and S Shabangu on Kumba Iron ore (KIO) and Arcelor Mittal South Africa (AMSA) announced settlement

Government notes that Kumba Iron ore and Arcelor Mittal South Africa have announced an interim resolution to the commercial dispute between them that had escalated to threats of imminent job losses and production cuts.

This follows an exploratory meeting between the companies and the Ministers of Trade and Industry, Economic Development and Mineral Resources. The settlement occurred before the intended mediation process led by the ministers.

While ... [highlighted result]

URL: http://www.info.gov.za/speech/DynamicAction?pageid=461&sid=11667&tid=13136   Size: 2KB   Collection: speeches_cms

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2010/07/19

R Davies, E Patel and S Shabangu hold negotiations between Arcelor Mittal South Africa (AMSA) and Kumba Iron Ore (KIO)

Today, the Ministers of Trade and Industry, Mineral Resources and Economic Development convened a mediation process with the chief executive officers of Arcelor Mittal South Africa (AMSA) and Kumba Iron Ore (KIO).

There was a constructive engagement toward seeking a solution to the current dispute between AMSA and KIO. All parties committed themselves to reaching an agreement, which will put the country first.

The parties agreed to reconvene on Thursday, 22 ... [highlighted result]

URL: http://www.info.gov.za/speech/DynamicAction?pageid=461&sid=11620&tid=12931   Size: 853 bytes   Collection: speeches_cms

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2010/07/12

E Patel to co-host The Next Economy National Dialogue, 19 Jul

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URL: http://www.info.gov.za/speech/DynamicAction?pageid=461&sid=11409&tid=11870   Size: 24KB   Collection: speeches_cms

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2010/07/05

E Patel on settlement between SASOL Chemical Industries and Competition Commission

The Competition Commission has recommended to me that government evaluates possible regulatory measures for the price of ammonia, where SASOL Chemical Industries is the sole local producer, in line with measures that apply to the price of natural gas. I have been informed of the terms of the settlement between SASOL Chemical Industries and the Competition Commission in respect of alleged contraventions of the Competition Act involving abuse of dominance in the form of ... [highlighted result]

URL: http://www.info.gov.za/speech/DynamicAction?pageid=461&sid=11273&tid=11592   Size: 5KB   Collection: speeches_cms

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2010/06/24

E Patel and R Davies on economic growth path development

While the Finance Minister, Pravin Gordhan, accompanying President Zuma on his way to the Group of 20 (G20) leaders, is briefing the international community that South Africa's fresh thinking on jobs and growth, Economic Development Minister, Mr Ebrahim Patel and Trade and Industry Minister Rob Davies held a high level meeting at the Department of Trade and Industry campus in Pretoria today to give local officials an opportunity to contribute to the development of a new growth path. [highlighted result]

URL: http://www.info.gov.za/speech/DynamicAction?pageid=461&sid=11150&tid=11300   Size: 2KB   Collection: speeches_cms

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2010/05/20

E Patel: Green Economy Summit

This sector beneficiates locally produced platinum to help lower the carbon emissions from motor vehicles.The Economic Development Department is working closely with the Industrial Development Corporation to help it become the "green industrialising" engine for the economy.The IDC has budgeted R11.7 billion for investment over the next five years in green industries. The potential to develop a social pact on the green economy will need to be considered, covering inter alia ... [highlighted result]

URL: http://www.info.gov.za/speech/DynamicAction?pageid=461&sid=10977&tid=10994   Size: 17KB   Speaker: E Patel   Collection: speeches_cms

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2010/03/23

E Patel: Economic Development Dept Budget Vote 2010/11

We propose the distribution of the Budget as follows:
* R18,2 million for policy development work
* R25,8 million for economic planning and coordination
* R11,2 million for economic development and dialogue
* R44,8 million for administration, the Ministry and capital expenditure
* R152 million for small business funding, through transfers to Khula and the South African Micro-Finance Apex Fund (SAMAF)
* R102 million for the competition authorities to ... [highlighted result]

URL: http://www.info.gov.za/speech/DynamicAction?pageid=461&sid=8809&tid=8826   Size: 25KB   Speaker: E Patel   Collection: speeches_cms