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Incentives

There are a variety government incentives available to South African companies designed to grow competitiveness, increase productivity and profitability and facilitate the ease of doing business in the country. Targeted at increasing local and global market share, innovation and protection of local IP and capital investment amongst others.

MEMSA can link members to the support available, to realise the potential for manufacturing and employment growth, to capitalise on the diverse government incentive programs and leverage the successes of their own businesses. 

Downstream Steel Industry Competitiveness Fund (DSICF)

The objective of the fund is to boost the struggling steel industry with an interest subsidy that offers discounts to qualifying clients.

  • Foundry industries;
  • Fabrication sectors – focused on pressure vessels, pipes and pipe fittings sub-sectors; structural steel and any fabrication work in support of steel intensive designated sectors/products;
  • Parts and component manufacturers of steel-intensive products;
  • Valve and pump manufacturers;
  • Machining plants;
  • Capital equipment industries particularly steel intensive rail and rolling stock components; and
  • Any other steel-intensive business.

IDC STEEL BROCHURE_A4_DIGITAL.pdf

Watch the YouTube Video of the Webinar

EMIA

The South African Department of Trade, Industry & Competition (dtic)

Export Marketing & Investment Incentives Assistance (EMIA) offers qualifying companies the opportunity to participate in Group Participation funded National Pavilions and Inward Buying, Outward Selling and Investment Missions. MEMSA has historically provided insight and guidance on behalf members and the industry to the dtic on the challenges and opportunities in export markets.

Individual Participation can be applied for to access targeted markets for Primary Market Research, Foreign Direct Investment and Individual Exhibition and Product Registration in Foreign Markets.

National Pavilions List 2023/24

MEMSA host regular incentives awareness webinars 

EMIA Export Awareness Webinar July 2022

Intra-Africa Trade Fair 2023

Given the short time to submission, the dtic has made an allowance as follows:

All applicants should submit the completed Form, Tax Clearance and Export Permit Certificate by Friday

The balance of documents, including the detailed information required to back up the Export Readiness Assessment, may follow at a later date in the course of next week.

the dtic will be leading a multi-sectoral delegation to the 3rd edition of the Intra-Africa Trade Fair (IATF) scheduled to take place from 9 - 15 November 2023 in Cairo, Egypt. If you take the African market seriously, this week-long Exhibition including a Trade and Investment Conference could be of great value.

You are hereby invited to submit your application for participation in the IATF.

Kindly download and complete the relevant form linked below (Manufacturer or Service Provider).

The completed form together with the required supporting documents should be emailed to the dtic by the 22nd  of September 2023.