Manufacture of Insulated Wire and Cable in South Africa 2017

NEW YORK, Nov. 9, 2017 /PRNewswire/ -- The Manufacture of Insulated Wire and Cable: Wires and cables are primarily used for electrical purposes, such as transmission and distribution lines, but products also extend to applications in the industrial, mining, nuclear, automotive and communications sectors. Approximately 11,000 people are employed in the manufacture of high voltage cables for industrial use and low and medium voltage cables for household use. The industry is dominated by large power cable manufacturers who are all members of the Association of Electric Cable Manufacturers of South Africa (AECMSA).

Read the full report: https://www.reportlinker.com/p03343863

Dependent on Infrastructure Spend: The demand for wire and cable is dependent on the infrastructure development taking place in the country. In his 2017 National Budget speech former Finance Minister Pravin Gordhan allocated more than R50bn towards national and provincial economic infrastructure requirements in the 2017/18 financial year. Although this should augur well for the wire and cable sector, past delays in the construction of budgeted infrastructure projects have impacted negatively on the success of local wire and cable manufacturing companies. The increasing number of imports is also proving problematic for local manufacturers.

Report Coverage: The report on the Manufacture of Insulated Wire and Cable examines the current state of the local industry including investment and corporate actions in the sector. Also covered are competition issues and other factors that influence the success of local manufacturing companies. The report profiles 12 role players, including major companies, Aberdare Cables (Pty) Ltd and CBI-Electric: African Cables, a subsidiary of the Reunert group who are also involved in a joint venture, CBI Electric Aberdare ATC Telecoms Cables that specialises in the manufacture copper and optical fibre telecommunications cables. Also profiled is South Ocean Electric Wire Company (Pty) Ltd which paid a penalty of R13m after admitting it had engaged in price-fixing, market division and collusive tendering between November 2003 and November 2012.

Read the full report: https://www.reportlinker.com/p03343863

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