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Trade

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... 


An image of Standard Bank Business and Commercial Banking group head Philip Myburgh
South Africa maintains top position in Standard Bank trade barometer
17th October 2024 By: Tasneem Bulbulia

South Africa, Namibia and Angola retained their rankings in the fourth issue of Standard Bank’s Africa Trade Barometer (SB ATB) at positions one, two and ten, respectively. The ATB trade... 


AMSA's Vanderbijlpark plant
AMSA reports R1bn third-quarter loss amid ‘particularly difficult period’
16th October 2024 By: Darren Parker

Steel producer ArcelorMittal South Africa (AMSA) has reported a headline loss of a little more than R1-billion for the third quarter. “The global and local steel market deteriorated further since... 


steel stock in warehouse
Global steel demand to decline by a further 0.9% in 2024 – worldsteel
14th October 2024 By: Darren Parker

The World Steel Association (worldsteel) expects global steel demand to decrease by 0.9% to 1.75-billion tonnes this year. “2024 has been a difficult year for global steel demand as the global... 


A representative from Transnet and Petredec sat a table with contracts in front of them at an official signing ceremony
LPG rail line construction on track
11th October 2024

Global liquefied petroleum gas (LPG) value chain company Petredec and South Africa’s State-owned logistics company Transnet announced a ground-breaking rail freight solution last month, that is set... 


DFFE international governance and resource mobilisation chief policy adviser Stuart Mangold; Danish Industries project lead Clara Halvorsen; Danish Industry ESG and sustainability senior adviser Dr Vibeke Huge Rehfeld; Forestry, Fisheries and the Environment Deputy Minister Narend Singh; and Danish Industry CBAM expert Anna Ipsen Nielson
Broad recognition of need for, benefits of, metals industry's transition to a low-carbon pathway, but funding limited
10th October 2024 By: Schalk Burger

Representatives of South Africa's metals and engineering industry and government have emphasised the need to transition the industry to a low-carbon pathway and discussed the benefits this would... 


schumacher packaging plant
Mondi to acquire €634m worth of assets from German Schumacher Packaging
9th October 2024 By: Darren Parker

Multinational sustainable packaging and paper producer Mondi has entered into an agreement to acquire the German, Benelux and UK corrugated converting and solid board operations of Schumacher... 


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Magazine round up | 08 November 2024
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8th November 2024
Value-adding titanium dioxide pigment under development
Value-adding titanium dioxide pigment under development
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