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Trade

Trade, Industry and Competition Minister Parks Tau
EU’s Carbon Border Adjustment Mechanism needs to be challenged, Tau says
20th November 2024 By: Darren Parker

Trade, Industry and Competition Minister Parks Tau has said that measures such as the Carbon Border Adjustment Mechanism introduced by the EU need to be challenged by developing economies at the... 


CDE executive director Ann Bernstein
Protectionism not the answer to South Africa’s economic problems, CDE says
20th November 2024 By: Darren Parker

Think tank the Centre for Development and Enterprise (CDE) has called for an overhaul of industrial policy to move it away from protectionism and towards a focus on maximising exports. The... 


Trade conditions still improving, but less so than before – Sacci
18th November 2024 By: Tasneem Bulbulia

Trade conditions showed slower improvement in August, coming under further pressure since then, with only about a third of respondents reporting positive trade conditions in October – a level... 


new container wagons from Galison
Lobito Atlantic Railways takes delivery of 275 new container wagons
15th November 2024 By: Darren Parker

The first batch of 275 new container wagons bought from Galison Manufacturing in South Africa has arrived in Lobito, Angola, to reinforce the transport capacity of the Lobito Atlantic Railway... 


TEHA report, dialogue underscore importance of Africa for EU investment
15th November 2024 By: Tasneem Bulbulia

Africa, and more specifically South Africa, is a vital destination for investment from European countries, delegates were told at the eleventh The European House Ambrosetti (TEHA) CEO Dialogue on... 


An image showing Columbus Steel's operation
Columbus Stainless calls for holistic govt approach to safeguard domestic steel production
15th November 2024 By: Tasneem Bulbulia

Cooperation between the South African government and the steel manufacturing industry is imperative to address the underlying economic and other issues that created the current lack of local demand... 


Port of Durban
Transaction adviser to validate strategy for Port of Durban’s liquid-bulk hub
11th November 2024 By: Creamer Media Reporter

South Africa’s Transnet National Ports Authority (TNPA) has appointed Zutari as the transaction adviser at the Island View precinct, the Port of Durban’s fuels and chemicals hub through which about... 


Soldier in Mozambique
SAAFF bemoans lethargic SADC's failure to stop Moz conflicts impacting regional economy
8th November 2024 By: Marleny Arnoldi

With more than 500 000 people having been displaced and 5 785 having died over the last seven years as conflict wages in Mozambique’s Cabo Delgado province, Southern Africa Association of Freight... 


President elect Donald Trump
Parsons concerned Trump’s victory will result in volatility, uncertainty in emerging economies
6th November 2024 By: Darren Parker

While the decisive American election mandate, which has seen Donald Trump being all but confirmed as President elect in the US, has strengthened political certainty within that country, it has... 


Suez Canal Economic Zone set for rapid expansion – chairperson
6th November 2024 By: Reuters

Egypt's Suez Canal Economic Zone (SCEZ) has invested $3-billion on infrastructure over the past few years and has plans to invest a similar amount over the next few years as it works to attract... 


Standard Chartered, UK's BII renew $350m trade finance commitment in Africa, South Asia
5th November 2024 By: Schalk Burger

Financial services firm Standard Chartered and UK development finance institution British International Investment (BII) have signed a $350-million risk participation agreement for the trade... 


BLSA CEO Busi Mavuso
South Africa should capitalise on its East and West trade ties – BLSA
4th November 2024 By: Schalk Burger

Building a stronger economy is the best way for South Africa to prepare for any internal or external shocks. While this requires the country to successfully carry out reforms, South Africa is in a... 


The Durban Container Terminal
South Africa looks to Africa and China ties as global trade fences go up
1st November 2024 By: Reuters

South Africa's trade minister said his country is pursuing more robust trade and investment ties within the continent and with China - its biggest trade partner - as the global trade environment... 


The new Seabourne Logistics comprehensive logistics facility in Kempton Park, Johannesburg
New storage, logistics facility exceeding expectations
1st November 2024 By: Halima Frost

The new premises of independent logistics service provider Seabourne Logistics, which was meant to be a 11 000-pallet capacity contemporary office and warehouse complex, is now a comprehensive... 


World needs development rethink - Unctad
30th October 2024 By: Schalk Burger

Slow growth, high debt, weak investment and the risk of fragmented trade are contributing to widespread discontent affecting developed and developing nations. Multilateral action and a revised... 


solar and wind energy
Clean energy technology market to rival crude oil market value by 2035
30th October 2024 By: Darren Parker

Based on the current policy environment, the global market for clean energy technologies is set to rise from $700-billion in 2023 to more than $2-trillion by 2035, close to the value of the current... 


Donald Trump
Trade opportunities for emerging countries to remain under a Trump Presidency, economist says
29th October 2024 By: Darren Parker

Economist Dr Larry Hatheway has predicted that Donald Trump will win the upcoming US presidential elections against Kamala Harris, which will probably encourage deglobalisation based on the former... 


South African flag with R2 coin
TIPS highlights positive second-quarter trade, investment movements
29th October 2024 By: Marleny Arnoldi

Trade & Industry Policy Strategies (TIPS) finds in its latest Real Economy Bulletin for the second quarter of the year that GDP increased by 0.4% year-on-year, against population growth of 1.3%... 


sugar pile
Sugar industry calls for Godongwana to honour his commitment to reassess sugar tax
28th October 2024 By: Darren Parker

In an open letter, several sugar industry associations have called on Finance Minister Enoch Godongwana to honour a commitment he made in his 2023 Budget, where he announced that consultations... 


Standard Bank behavioural science and innovation head Shalia Naidoo
Evolving retail landscapes call for greater emphasis on convenience, consumer experience
25th October 2024 By: Sabrina Jardim

Amid evolving consumer trends in the retail space, physical retail has witnessed a resurgence in recent years, while online shopping has decreased globally this year, Standard Bank behavioural... 


Brics leaders
Spurred by shared grievances, Brics gathers pace
25th October 2024 By: Reuters

As US election jitters hung over this week's meeting of global finance chiefs in Washington, a smiling Vladimir Putin was in the Russian city of Kazan welcoming leaders of countries which together... 


Magazine cover image
Greater coordination needed to realise green-hydrogen aspirations
25th October 2024 By: Darren Parker

Despite enthusiasm for the development of a hydrogen economy from the public and private sectors, there remains a significant lack of coordination to effectively implement projects and bring the... 


Mitochondria's fuel cell technology
Local supply chain challenges pose significant threat to localised manufacturing
24th October 2024 By: Darren Parker

If hydrogen technology developer Mitochondria Energy CEO Mashudu Ramano had known beforehand how difficult it would be to find local suppliers for hydrogen fuel cell and electrolyser parts, he... 


BRICS leaders tout joint finance, trade projects at Russian summit
23rd October 2024 By: Reuters

Leaders of the nations in the BRICS grouping, which accounts for 37% of global economic output, predicted its influence would grow as they met in Russia on Tuesday, outlining common projects... 


Containers being transported by ship
African maritime transport showing good development, reports Unctad
22nd October 2024 By: Rebecca Campbell

Africa has registered some impressive progress in the shipping sector, United Nations Trade and Development (Unctad) has reported, in its 'Review of Maritime Transport 2024'. From the first half of... 


BLSA CEO Busi Mavuso
Automotive industry the ‘unsung hero’ of the South African economy – Mavuso
21st October 2024 By: Darren Parker

Business Leadership South Africa (BLSA) CEO Busi Mavuso has described the domestic automotive industry as the “unsung hero of the South African economy” after joining the naamsa | The Automotive... 


Magazine cover image
Digitalisation seen as key to bolstering fight against illicit gold trade
18th October 2024 By: Nadine James

The integrity of the global gold supply chain has been the subject of intense scrutiny of late, following a damning report by Swiss nongovernmental organisation SwissAid earlier this year, which... 


A factory manufacturing steel components with a furnace in the foreground
Carbon-intensive power will hinder local manufacturers
18th October 2024 By: Halima Frost

It is anticipated that the implementation of the EU’s Carbon Border Adjustment Mechanism (CBAM), which will take effect in 2026, will significantly affect the South African manufacturing sector,... 


A corporate image of Agile Capital partner Liz Kolobe
Private equity firm targeting manufacturing
18th October 2024 By: Halima Frost

Investing in the local manufacturing sector is a real opportunity to stimulate the South African economy, mid-market private equity firm Agile Capital partner Liz Kolobe tells Engineering News,... 


A photo of Beier group executives stood together in a factory in branded corporate clothing
New CEO takes helm at textiles group
18th October 2024

Proudly South African technical textiles, personal protective equipment and advanced wound care products manufacturer Beier Group has announced the appointment of Warren Sachs as Group CEO... 


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