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ITALCHAM News
The winning formula of the Italian distribution logistics services company
Despite a record-breaking 2021, the first five months of 2022 for Cargo Compass SA – one of the country’s largest private freight forwarding companies – are promising an outperformance of last...
Italian Energy education footprint expands in South Africa through dedicated lab
Italian inverter manufacturer, Enertronica Santerno S.p.A. will be starting its Santerno SA Lab, employing 4 additional South African technicians and supervisors, explains Enertronica Sub-Sahara...
South African agri-food sector records its best year ever
There is no doubt for Federico Bellotto, MD of Italian-American agriculture machinery producer CNH Industrial, that 2021 has been one of the best years ever for his company, with the highest number...
Italy-SA trade overview 2022/2023 South Africa economic outlook 2022
South Africa remains the third largest African economy, behind Nigeria and Egypt, and the most advanced and varied economy across the continent. In 2021, South Africa’s GDP was worth about $420...
Increased presence for Italian business in S Africa next year
The Italian-South African Chamber of Trade and Industry (Italcham) aims to continue improving its presence in South Africa next year. “We intend to establish an antenna in Cape Town and, possibly,...
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Municipalities spend 22% of budget in the first quarter of the 2024/25 financial year
The National Treasury, on December 20, published the local government revenue and expenditure report for the first quarter period from July 1 to September 30, which showed that aggregate spending...
SME business-building MoMo chatbot reaches 1m entrepreneurs in Côte d’Ivoire, Uganda
About one-million small businesses in Côte d’Ivoire and Uganda have digitised their operations, increased the use of digital financial services and accessed digital marketplaces through the MoMo...
Prosus chair’s trust sells €156m of shares for hotel growth
A family trust linked to Koos Bekker — one of South Africa’s richest people — sold about €156-million of shares in Internet investing giant Prosus to fund building operations at hotels in South...