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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... 


Magazine cover image
SA’s automotive prospects clouded by high taxes and exports risks
2nd August 2024 By: Darren Parker

The importance of export growth as an automotive industry strategy is crucial to mitigate the numerous risks associated with South Africa's low growth environment. "We see export growth as a really... 


A  JCB 3CX backhoe loader on a construction site pouring sand from its bucket
New loaders arrive in S Africa
2nd August 2024 By: Halima Frost

South African earthmoving equipment manufacturer and supplier Bell Equipment has successfully taken delivery of 55 new backhoe loaders, imported from multinational JC Bamford (JCB), in India, this... 


Infrastructure refurbishment investment alone could provide R100bn/y manufacturing stimulus
Infrastructure refurbishment investment alone could provide R100bn/y manufacturing stimulus
31st July 2024 By: Darren Parker

South Africa’s decaying water, electricity and logistics infrastructure presents a R100-billion a year repair and refurbishment investment opportunity that could provide much-needed stimulus for... 


Trade, Industry and Competition Deputy Minister Andrew Whitfield
dtic aims to support local industries to increase manufacturing capacity, volumes – Whitfield
31st July 2024 By: Schalk Burger

The Department of Trade, Industry and Competition (dtic) will support local industries to increase their manufacturing capacity and volumes, enhance their competitiveness and identify suitable... 


Shipping containers
South Africa posts trade surplus of R24.23-billion in June
31st July 2024 By: Reuters

South Africa recorded a trade surplus of R24.23 billion in June, revenue service figures showed on Wednesday. 


Trade, Industry and Competition Minister Parks Tau
S Africa confident of US trade status despite unease over foreign policy
30th July 2024 By: Reuters

South Africa's trade minister said on Tuesday he is confident his country will maintain preferential trade status with the US despite concerns in Washington over its foreign policy including a... 


scrap metal
Aggressive scrap metal policies should be based on transparent data, not conjecture, expert says
30th July 2024 By: Darren Parker

Significant alterations to existing scrap metal regulations and outright bans – albeit temporary – on the trade of certain scrap metals should not be made without access to transparent and accurate... 


trucks in a queue
Nearly three-quarters of investors unsatisfied with quality of ESG reporting
25th July 2024 By: Darren Parker

Law firm EY research has revealed that about 73% of investors say that companies largely fail to create enhanced reports encompassing environmental, social and governance (ESG) and financial... 


An image showing Checkers Hyper Brackenfell and the Shoprite Group's home office in Brackenfell
Shoprite Group implementing electricity wheeling at Cape Town office
24th July 2024 By: Tasneem Bulbulia

Retailer the Shoprite Group is wheeling renewable electricity at its home office in Brackenfell, Cape Town, marking its third site to implement this energy solution. The retailer becomes one of the... 


Containers on a ship at the Durban Container Terminal
Standard Bank highlights economic development prospects of Agoa
24th July 2024 By: Schalk Burger

At the African Growth and Opportunity Act (Agoa) Private Sector Forum in Washington DC, in the US, financial services firm Standard Bank Corporate and Investment Banking client coverage head Anne... 


Oranges
Orange export expectations drop lower as severe weather threatens volumes
24th July 2024 By: Marleny Arnoldi

The Citrus Growers’ Association of Southern Africa’s (CGA’s) Orange Focus Group (OFG) has revised its forecast export figures for Navel and Valencia oranges further downward owing to extreme... 


The Port of Richards Bay, in KwaZulu-Natal
Port of Richards Bay moves to diversify beyond bulk exports while bolstering climate resilience
24th July 2024 By: Terence Creamer

The Port of Richards Bay, in KwaZulu-Natal, is progressing with planning for infrastructure and terminal investments aimed at consolidating its position as a bulk export hub for key minerals such... 


An image depicting the new haulers
CTCT receives 15 new haulers as part of fleet replacement
23rd July 2024 By: Sabrina Jardim

The Cape Town Container Terminal (CTCT) has taken delivery of 15 new haulers, a portion of an expected consignment of 47 new haulers that is scheduled to reach the terminal at the end of this... 


scrap metal with crane
New online information hub on South African scrap metal industry launched
23rd July 2024 By: Darren Parker

A new online platform called MyScrapMatters has been launched, acting as a single centralised hub to provide comprehensive information about the scrap metal industry in South Africa. The aim of the... 


WTO director-general Ngozi Okonjo-Iweala
WTO members push to expedite an Okonjo-Iweala second term bid
23rd July 2024 By: Bloomberg

A sizable portion of World Trade Organization (WTO) members supported a move from a group of African countries pushing for Director-General Ngozi Okonjo-Iweala to expedite a run for a second... 


Standard Bank assesses the impact of elections on capital markets globally
Standard Bank assesses the impact of elections on capital markets globally
18th July 2024 By: Marleny Arnoldi

With 49% of the world’s population having voted in elections this year, experts gathered by Standard Bank have unpacked whether this has an effect on capital markets and investor sentiment... 


Steel is among the goods affected by the UK's CBAM
South Africa tells UK carbon border tax will deepen inequality
16th July 2024 By: Bloomberg

South Africa has told the UK that its plans to impose a carbon tax on imported goods will deepen global inequality and hamper Africa’s ability to adapt to climate change. The criticism of the... 


Gauteng Growth and Development Agency acting group CEO Saki Zamxaka
DBSA hosts African delegates as govt drives energy investment mission
15th July 2024 By: Marleny Arnoldi

With the African continent being home to the majority of the 700-million people worldwide with no access to electricity and clean cooking technology, energy investment in the region is deemed... 


Speakers participating in a webinar on the EU's Carbon Border Adjustment Mechanism
Establishment of carbon borders not supported by climate finance commitments
11th July 2024 By: Schalk Burger

The European Union (EU) is one of the first regions to establish a Carbon Border Adjustment Mechanism (CBAM) scheme, with the current requirement that companies report on the total carbon footprint... 


BLSA CEO Busi Mavuso
GNU Cabinet announcement gave business confidence a boost, says BLSA
8th July 2024 By: Darren Parker

Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has said that business confidence is growing on the back of the announcement of the new government of national unity... 


A generic image of large steel components
Strong relationships underpin success
5th July 2024

Structural steel fabrication company Cousins Steel International (CSI) asserts that succession planning and robust synergies are the catalysts that have led to its enduring success. The company,... 


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The Southern African Institute of Mining and Metallurgy
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The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

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Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

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Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

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Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

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