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Trade

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... 


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... 


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