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South Africa considers complaining to WTO against EU carbon border tax

South Africa is considering lodging a formal complaint at the World Trade Organization against the European Union's "protectionist" carbon border levy, Trade Minister Ebrahim Patel said on Wednesday. The EU's proposed carbon border adjustment mechanism (CBAM), which will impose charges on imports of carbon-intensive goods like steel and cement into Europe, has faced criticism from some developing nations and sectors including China's steel industry.

South africaSouth africanEbrahim patelWorld trade organizationA european commissionEuropean unionAfrican reserve bankTrade minister ebrahim patelEuropean commissionSouth african reserve bank

Vivo Energy to invest over R10bn in South Africa, Patel says

Vivo Energy, owned by global commodities trader Vitol, will invest an initial R10-billion in its South African operations following its merger with Engen, South Africa's trade minister Ebrahim Patel said on Wednesday. The investment is part of a range of public interest and competition commitments, designed to prevent job losses and continue supply contracts with local refineries, that domestic regulators sought when the merger was considered.

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S Africa considers complaining to WTO against EU carbon border tax

S Africa considers complaining to WTO against EU carbon border tax
cnbcafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnbcafrica.com Daily Mail and Mail on Sunday newspapers.

South africaSouth africanEbrahim patelKate abnettWendell roelfAfrican reserve bankA european commissionEuropean unionWorld trade organizationTrade minister ebrahim patelEuropean commissionSouth african reserve bank

Microsoft SA invests R1,3bn in SMMEs, youth

Microsoft SA invests R1,3bn in SMMEs, youth
it-online.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from it-online.co.za Daily Mail and Mail on Sunday newspapers.

South africaSouth africansSouth africanEbrahim patelKalane rampaiKathy gibsonLocalisation support fundYard councilMicrosoft south africaBroad based black economic empowermentEquity equivalence

Microsoft announces R1 3bn SA fund to boost black-owned businesses in deal with govt

Microsoft is set to create a fund of around R1.3 billion for future-focused skills development and black-owned businesses in South Africa in terms of an agreement with the dtic - the biggest pledge of its kind yet, says Minister Ebrahim Patel.

South africaSouth africansEbrahim patelKalane rampaiEquity equivalent investment programmeDepartment of trade industryTrade industry