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Trade

Notable surge in trade expectations in August – Sacci
11th September 2024 By: Schalk Burger

The political broadening of governance has led to the encouragement of expectations in the trade environment, the South African Chamber of Commerce and Industry (Sacci) says. Although there remain... 


Pilot possibly a template for textiles recycling
Pilot possibly a template for textiles recycling
6th September 2024 By: Halima Frost

The successful completion of a clothing, textile, footwear and leather (CTFL) waste disposal pilot project, managed by national support programme National Cleaner Production Centre South Africa... 


Metair boasts resilience amid tough first-half market conditions
5th September 2024 By: Darren Parker

In an operational update to shareholders for the six months ended June 30, JSE-listed Metair Investments has said its business verticals demonstrated resilience despite the challenging operating... 


Commissioner Doris Tshepe and ACA chairperson Dr Eugénia Pereira
South African, Angolan competition authorities sign MoU
4th September 2024 By: Darren Parker

The Competition Commission has signed a memorandum of understanding (MoU) with the Angola Competition Authority (ACA), establishing a general framework for bilateral communication and cooperation... 


DBSA approves $200m for Lobito Corridor Railway project
3rd September 2024 By: Tasneem Bulbulia

Development finance institution the Development Bank of Southern Africa (DBSA) has, alongside the US International Development Finance Corporation (DFC), approved funding of up to $200-million... 


South Africa is losing its trade competitiveness edge
2nd September 2024 By: Schalk Burger

Enormous investments are being made in ports, rail and transport logistics in Southern Africa, as well as more broadly in Africa, including by international companies and consortia. "Global... 


Trucks transporting cargo containers at a port in Africa
Regional integration to make products more competitive, but many challenges remain for Africa
30th August 2024 By: Schalk Burger

Better transport and trade infrastructure across Africa will make it quicker and cheaper to transport goods, while lower tariff and non-tariff barriers will reduce the cost of goods and increase... 


A large factory setting with aluminium rolls and vehicles in it
Aluminium imperatives challenging to meet
30th August 2024 By: Halima Frost

The South African aluminium industry faces many challenges, including the need for greater recyclability and the push for a greener, more reliable power supply, says semi-finished nonferrous metals... 


A group of aluminium tin cans one with a green recycle logo on it
South Africa’s scrap recycling lags behind global trends
30th August 2024 By: Halima Frost

It is undeniable that aluminium is one of the most recyclable materials in circulation globally, with about 75% of the total 1.5-billion metric tonnes of aluminium generated to date still in use,... 


Port of Nqura laoding container on truck
TPT recovery on track but can be better, CE says
28th August 2024 By: Darren Parker

State-owned Transnet Port Terminals (TPT) CE Jabu Mdaki has expressed satisfaction with the company's progress in meeting its Phase 1 recovery plan targets, while also acknowledging the need for... 


Inaugural report offers suggestions to improve Africa’s exports
26th August 2024 By: Tasneem Bulbulia

Multilateral development finance institution the Arab Bank for Economic Development in Africa (Badea) has released its inaugural ‘2023 Africa Export Competitiveness Report’. The report is aimed at... 


An image of BLSA CEO Busi Mavuso
BLSA CEO highlights opportunities, concerns in reform of logistics sector
26th August 2024 By: Tasneem Bulbulia

South Africa’s electricity story is an example of what can be achieved when a problem is approached in a new way, and holds potential lessons for other industries, business organisation Business... 


An image of Maria Jenner
Embracing diversity an ironclad requirement
23rd August 2024 By: Lumkile Nkomfe

To overcome gender-biased stereotypes and preconceptions in the workplace, concerted efforts to embrace diversity and inclusion should be a non-negotiable hallmark of corporate strategy, highlights... 


An image of Oratile Sekele
Transformation integral to development
23rd August 2024 By: Lumkile Nkomfe

Amid the operational challenges of the country’s transport sector, freight forwarding solutions company Tswalanang Logistics highlights the necessity of creating educational opportunities and... 


SONJA DE BRUYN Infrastructure projects and partnerships can be integral to enhancing equality, in addition to safe and effective transport infrastructure's facilitating the movement of women, and therefore, assisting in their participation in economic activity
Women’s participation key to economic growth – investment firm
23rd August 2024 By: Lumkile Nkomfe

Efforts to facilitate the greater participation of women in key sectors of the economy, such as the transport sector, are viewed with the utmost importance by women-led investment firm Identity... 


GCCA Africa director Paul Matthew.
GCCA issues ‘Call to Action’ on food supply chain resilience
22nd August 2024 By: Sabrina Jardim

African policy leaders must support robust growth in the cold chain for the success of the African Continental Free Trade Area (AfCFTA) and to boost prosperity, food supply chain resilience and... 


President Xi Jinping and President Cyril Ramaphosa during the Chinese leader's State visit to South Africa last year
Trade and investment to be key themes of Ramaphosa’s upcoming State visit to China
22nd August 2024 By: Terence Creamer

Trade and investment relations will be key themes during President Cyril Ramaphosa State visit to the People’s Republic of China from September 2 to 5, Minister in The Presidency Khumbudzo... 


Committee to call on Lamola, Dirco to provide feedback on efforts to help free two engineers imprisoned in Equatorial Guinea
21st August 2024 By: Tasneem Bulbulia

The families of Frik Potgieter and Peter Huxham, two South African engineers who have been imprisoned in Equatorial Guinea for 558 days, this week attended a session of Parliament to appeal to the... 


Tomato crates on farm
Agriculture records $1.47bn trade surplus in the second quarter
20th August 2024 By: Marleny Arnoldi

South Africa’s agriculture exports decreased by 0.1% year-on-year in the second quarter of the year to $3.37-billion. This followed a 6% year-on-year growth rate in the first quarter of the year. 


large dump trucks
Aveng demerger signals possible exit from South African market
20th August 2024 By: Darren Parker

Construction, engineering and contract mining group Aveng has outlined plans to split its Australian and South African operations into two separate and independent entities. This demerger, which... 


Renergen CEO Stefano Marani
Renergen says 'relevant' authorities have found no corporate governance wrongdoing
15th August 2024 By: Darren Parker

ASX- and JSE-listed Renergen says it has been cleared of any wrongdoing following an investigation into allegations levelled at the company over the past few months regarding potential... 


Afreximbank Global Trade Bank EVP Haytham ElMaayergi 0824
Afreximbank will double intra-African trade financing to $40bn by 2026
12th August 2024 By: Schalk Burger

Trade finance institution the African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from $20-billion in 2021 to $40-billion by 2026, Afreximbank Global Trade... 


A truck transporting containers
South Africa must focus on export competitiveness – Mavuso
12th August 2024 By: Schalk Burger

South Africa must develop industrial policies that build the international competitiveness of its export industries, including by enabling small businesses that could be exporting much more,... 


Aveng expects to deliver earnings per share profit at financial close
12th August 2024 By: Darren Parker

Construction and mining group Aveng has alerted shareholders that they can expect an earnings a share and headline earnings a share profit for the financial year ended June 30, compared with the... 


sasol secunda
Impairments to push Sasol into a net loss
12th August 2024 By: Darren Parker

JSE-listed energy company Sasol has reported that its financial results for the year ended June 30 were negatively impacted on by challenging market conditions, including continued pressure from... 


Oranges
Cabinet questions EU citrus restrictions as South Africa moves ahead with formal WTO dispute
8th August 2024 By: Terence Creamer

Cabinet has questioned the imposition by the European Union (EU) of what it describes as “stringent” restrictions on South Africa’s citrus exports, which are now the subject of a formal dispute... 


RMB chief economist Isaah Mhlanga
Poor social development threatens South Africa’s economic sustainability, report shows
6th August 2024 By: Darren Parker

Persistently high youth unemployment rates and some of the highest levels of inequality globally have led financial institution Rand Merchant Bank (RMB) to rank South Africa twenty-ninth out of 31... 


The Port of Cape Town
South Africa business activity contracts again in July, S&P Global PMI shows
5th August 2024 By: Reuters

South African private sector activity remained subdued in July amid weaker sales and increased supply-side pressures, a survey showed on Monday. The S&P Global South Africa Purchasing Managers'... 


scrap metal
Artificial demand creating ‘precarious’ scrap market conditions, commentator warns
5th August 2024 By: Darren Parker

South Africa's scrap metal sector is overinvested, international trade consultancy XA Global Trade Advisors director Donald Mackay says. "I think we've got a very weird situation, as scrap metal... 


Tanzania launches $3.1bn railway in drive to boost infrastructure
2nd August 2024 By: Reuters

Tanzania on Thursday launched a 541 km modern standard gauge railway running between its administrative and commercial capitals, built by a Turkish firm as part of a government drive to improve... 


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