Webinar Event – Wesgro Trade & Investment Opportunities in the Western Cape, South Africa and Australia – 17 November 2020
An informative webinar for South African companies wanting to learn peer experiences entering the Australian market, and for Australian companies considering business in the South African market. The webinar is hosted by Western Cape Tourism, Trade and Investment (Wesgro); a 40-year-old business promotion group and discusses the enormous potential for bilateral economic commerce growth between Australia and South Africa. Presenters include One Stop Shop; Flight Centre Travel Group of Australia and Sea Harvest from South Africa. You will also hear comments from the Honourable Gita Kamath of the Australian High Commission, Judi Nwokedi of the ABCSA as well as Duncan Harris and Boban Tomic from the Australia-Africa Chamber of Commerce.
South African companies can now consider operating from Australia to participate in the Asia Free Trade Agreement which spans 15 countries and includes 30% of the global population. Vice versa for Australian companies with the African Continental Free Trade Area (AfCFTA) agreement due for implementation in 2021. This opportunity enables a company registered in both countries, ability to conduct business under Trade Agreements with nearly half the global population.
Wesgro is in discussion with Qantas on Cape Town to Perth direct flights. Imagine being able to receive South Africa’s world class fresh produce in Perth’s markets.
- The ASX is South Africa’s single largest investor in the mining industry (followed by Canada and UK)
- Australia is South Africa’s 7th largest foreign country investor
- Australian’s grew up eating South Africa’s Sea Harvest produce from Woollies and Coles fish fingers and was also sold in fish and chip shops around Australia
- African Mining Indaba is Australia’s most substantial economic diplomacy event in Africa
- In 2019, 110,000 Australians visited South Africa and 61,300 South Africans visited Australia
- South Africans are Australia’s 7th largest migrant group at 194,000
- Australia’s investment into South Africa R71Bn in 2019 (17% increase)
- South Africa’s investment into Australia is R97Bn in 2018 (8% increase)
Please click on the following link for a copy of the recording: https://youtu.be/S8XGJs-m8w4
Webinar Event – Africa mining update 2020 – 29 June 2020
23 June 2020 : Webinar by the University of Adelaide’s Institute for International Trade: Report Launch & Policy Discussion on the Indian Ocean Rim Association
ABCSA members enjoyed hearing how Australian innovation is assisting to address COVID-19’s effect on the mining industry, including through community engagement and technological opportunities at Austrade’s recent Africa Mining Update 2020 webinar on 29 June. ABCSA member Telstra sponsored the event with Australian mining companies South 32 and Resolute Mining providing their perspectives of impacts of COVID-19 on their operations. It was a unique opportunity for members from ABCSA and the Melbourne-based Australia Africa Chamber of Commerce to engage on developments in the mining sector. Thanks Austrade and Telstra for organising.
A recording of the webinar can be found here: – (Please view the recording on Internet Explorer and allow few seconds to fully download).
Congratulations to the University of Adelaide’s Institute for International Trade on the successful webinar on 23 June for the launch of their report Building Trade Integration Dynamics in the Indian Ocean Rim Association (IORA). The report was commissioned by Australia’s Department of Foreign Affairs and Trade (DFAT) to identify opportunities to deepen trade and investment in the Indian Ocean region. IIT Executive Director and South African Prof Peter Draper delivered the report, and was joined by Nola Watson from the NSW Business Chamber, James Wiblin from DFAT and Bryan Clarke from the Australian Chamber of Commerce and Industry. South Africa and Australia were identified as gateways in the report and we look forward to further developing the economic relationship between these gateways. Please read the report at https://universityofadelaide.cmail19.com/t/d-l-mklhtdl-jktujdkie-y/