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Dear ABC Members,
The world-wide phenomenon of the Covid-19 pandemic has not spared our South African shores and is rapidly spreading.
President Cyril Ramaphosa has in his address to the nation called on all of us to assist in curbing the spread of this disease and to limit the impact on human life and the South African economy.
In this spirit, the Board of Directors of the Austrian Business Chamber has decided to limit all physical events until further notice.
In the meantime, please stay safe and follow the government guidelines, in particular with regard to washing hands and social distancing. We know that social distancing is not in the nature of Austrians and our members, but extraordinary times require extraordinary measures.
Take care of yourselves, we hope to see you soon again.
With best regards,
Christian Neuberger
Chairman
Local News
7000th unit assembled at FAW Trucks’ COEGA Plant
FAW Trucks ended the month of April on a high note when the 7 000th locally assembled vehicle rolled out of its Coega manufacturing plant
Guest Article: POPI Act – What to know is easy – What to do is a slightly different story
THE PROTECTION OF PERSONAL INFORMATION ACT, 4 of 2013 “POPI Act” 29 April 2021 to 30 June 2021 = 62 days to compliance deadline What to know is easy – just read the Act. What to do is a slightly different story… The POPI Act is “new” legislation, centred around...
Guest Article: Reckless Trading amidst COVID-19 and a challenging economic climate
Section 22(1) of the Companies Act states that a company must not carry on its business recklessly, with gross negligence, with intent to defraud any person, or for any fraudulent purpose. Should CIPC have reasonable grounds to believe that a company is engaging in...
Chamber News: We welcome Philip Voigts as new Director at the Austrian Business Chamber
The Board of Directors extends a warm welcome to our new Director Philip Voigts Good Day to you all. As a school teacher hailing from Kwa Zulu Natal turning to business and more precisely corporate training I moved to Johannesburg a few years back. In 2016 my KZN...
International News
Austrian health minister Rudolf Anschober steps down, exhausted by pandemic
Austrian Health Minister Rudolf Anschober of the Greens, the junior partner in the conservative-led coalition, said on Tuesday he is stepping down.
Export Prizes 2020: a spotlight on Austria’s top exporters
ADVANTAGE AUSTRIA has been honouring Austrian companies whose international involvement promotes economic development, prosperity and employment with Export Prizes 2020. The Austrian Export Prizes for 2020 were awarded on 11 February 2021 at an award ceremony that,...
New Corona Virus regulations coming into effect when entering Austria
When entering Austria from abroad in most of the cases an online Pre-Travel-Clearance is mandatory – Further information and Pre-Travel Clearance can be found here Entrants, who do not fall under any of the exemptions listed in the COVID-19 entry regulation, must...
EU innovation rankings: Austria is on an upward trajectory
Having notched up eighth place on the European Innovation Scoreboard, Austria has once again been recognised by the European Union as a ‘strong innovator’. Austria’s corporate landscape features a high density of pioneering firms, with SMEs in particular managing to...
VIRTUAL CONFERENCE: ARTIFICIAL INTELLIGENCE IN BUSINESS
VIRTUAL CONFERENCE: ARTIFICIAL INTELLIGENCE IN BUSINESS - INTERNATIONAL B2B CONFERENCE ON 11 MAY 2020 The Applied Artificial Intelligence Conference is a B2B event connecting users and providers of artificial intelligence solutions. The focus of the conference: At the...
ADVANTAGE AUSTRIA partners with 14th German-African Energy Forum
ADVANTAGE AUSTRIA is happy to announce its partnership and support for the 14th German-African Energy Forum which is to take place from 25.-26. March in Hamburg, Germany. The Forum focuses on innovative solutions for a carbon-neutral economic transformation of the...
Austria – 1.6% 2019 GDP growth – Better than the eurozone average
In 2019, the Austrian economy grew by 1.6% year-on-year, significantly weaker than in the previous year. Yet, it still grew faster than the eurozone average, which we expect to have grown by 1.2% According to a flash estimate from the Austrian Institute of Economic...
The new ‘home’ of KTM – KTM’s ‘MOTOHALL’ set to open early May in Mattighofen
KTM’s ‘MOTOHALL’ is the result of four years planning and almost 30 million euros of investment. Here’s the lowdown on the company’s impressive new showpiece set to open early May in Mattighofen. There is an undeniable KTM presence in Mattighofen. The town is a short...