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South Africa is set to host the Finance in Common Summit (FiCS) in February, marking a transformative milestone in the continent’s development finance narrative. This historic occasion coincides...
US Agency for International Development private sector programme Prosper Africa and trade financing company African Export-Import Bank (Afreximbank) have signed a new memorandum of understanding...
A delegation from B20 South Africa will attend the upcoming World Economic Forum (WEF) annual meeting, in Davos, Switzerland, led by B20 South Africa Sherpa Cas Coovadia, along with co-chairpersons...
The World Economic Forum (WEF) finds in its latest ‘Chief Economists Outlook’ report that only 17% of economists foresee an improvement in the global economy this year, with 56% of respondents...
The trade outlook in December remained well into positive territory, but present trade activity is still in negative territory, according to business organisation the South African Chamber of...
The National Treasury and the South African Reserve Bank (SARB), which are jointly responsible for overseeing the work of the Group of 20 (G20) Finance Track, will start the first set of technical...
International Trade Administration of South Africa (Itac) chief commissioner Ayabonga Cawe reports that a summary report relating to the commission’s review of the Price Preference System (PPS) for...
The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has expressed grave concern over ArcelorMittal South Africa’s (AMSA’s) decision to mothball its long-steel operations,...
Global cooperation has stalled amid rising geopolitical tensions and instability, but opportunities for progress in climate finance, health and innovation could offer a glimmer of hope. This is...
The International trade Administration of South Africa (Itac) has confirmed that it is undertaking a review of the steel tariff structure alongside surveillance of the upstream, midstream and...
Indonesia has become the newest member of the BRICS group of developing nations, in a move that could further bolster the Global South as Donald Trump’s trade policies pose risks to world economy....
The Coega Development Corporation (CDC) recently hosted Global Auxiliary of Companies (Global Aux) CEO Mika’il Ali Kote to the Coega special economic zone (SEZ) in the Eastern Cape. Global Aux is a...
HSBC and the World Bank's International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to $1-billion, in a move to help fill a gap in financing for...
The Department of Small Business Development has launched a new entity, the Small Enterprise Development and Finance Agency, or Sedfa, with the aim to scale up support to small businesses or micro,...
Building materials and hardware supplier Buco has opened a new convenience store in Strijdom Park, Randburg. The store, which had a soft opening about two months ago, was officially declared open...
A significant non-tariff barrier (NTB) that business in Africa faces is infrastructure deficiencies, which is hampering growth, specifically for the 16 landlocked countries in Africa that are...
South Africa has signed a pledge with the US city of Atlanta, Georgia, to encourage increased US investment in South Africa and vice versa. The signing took place at a trade and investment seminar...
World trade is on track to reach a record $33-trillion this year, but risks of expanded trade wars and ongoing geopolitical challenges cast uncertainty over the outlook for 2025, says global trade...
Supply chain management and logistics company Super Group’s 53.58%-owned subsidiary SG Fleet has entered into a scheme implementation deed with Westmann Bidco, an entity owned and controlled by...
National Treasury has noted Moody’s decision to affirm the country’s long-term foreign and local currency debt ratings at Ba2 – otherwise known as non-investment grade or junk status – and maintain...
US President Joe Biden landed in Angola on Monday for a visit focused on a US-backed railway project and on the legacy of slavery, but his decision to pardon his son Hunter Biden threatened to...
Long simmering tensions in South Africa’s steel sector appear to be coming to a boil following a joint statement by the National Union of Metalworkers of South Africa (Numsa) and ArcelorMittal...
Pending the outcome of an investigation by the International Trade Administration Commission of South Africa (Itac) into the alleged dumping of structural steel products imported from China and...
Johann Rupert, chairperson and founder of Richemont, said the extension of a trade pact that gives South Africa and more than 30 other nations from the continent duty-free access to the world’s...
Indian power generation company NTPC has signed a memorandum of understanding (MoU) with South African State-owned utility Eskom to exchange knowledge and collaborate on research and development...
South Africa’s largest sources of foreign investment, including the US, the UK and Germany, are entering 2025 with mixed fortunes. With great uncertainty about the US economy in 2025, the economic...
South Africa will issue import permits for genetically engineered white and yellow corn from the US after a mid-summer drought that caused 22% drop in local production. South Africa’s Department of...
The South African Institute of Auctioneers (SAIA) has published a comprehensive new booklet to simplify the auction process for buyers, sellers and the general public. The ‘SAIA Auction Information...
The motor vessel United Heavy Lift Fresh berthed at the Durban Container Terminal (DCT) Pier 1 last week to deliver the first nine of 16 Liebherr rubber-tyred gantry crane (RTG) component batches....
Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso says the appointment of Ebrahim Rasool as the next ambassador of South Africa to the US is good news because South...
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