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Trade

A Maersk ship leaving the Suez canal
Maersk sees deeper impact to world trade from Red Sea disruption
4th June 2024 By: Bloomberg

AP Moller-Maersk, a bellwether for global trade, said the world’s supply lines are more impacted than previously expected by the ripple effects coming from the congestion in the Red Sea. The... 


South Africa achieves trade balance surplus of R10.5bn in April
31st May 2024 By: Tasneem Bulbulia

South Africa recorded a preliminary trade balance surplus of R10.5-billion in April, the South African Revenue Services (Sars) reports. This surplus is attributed to exports of R169.5-billion and... 


An image of B2K’s managing director, Ross Trevelyan, and the CEO of IWIS Drive Systems Germany, Dr Frank Mitzschke, signing the IWIS distribution agreement in Germiston in February 2024
Specialist expands in sub-Saharan Africa
31st May 2024 By: Nadine Ramdass

Following its acquisition of chain solutions manufacturer IWIS Drive Systems South Africa in November last year, industrial supplies specialist Bearings 2000 (B2K) has become the exclusive... 


EIB Global invests €25m in Amethis Fund III to promote African business growth
30th May 2024 By: Darren Parker

Investment organisation the European Investment Bank (EIB) Global has invested €25-million into pan-African fund Amethis Fund III, which aims to provide private equity growth capital to... 


An image of Innomotics Country CEO Tim Walwyn
Southern Africa always a key market – firm
24th May 2024 By: Lumkile Nkomfe

With the trusted legacy of more than 150 years of Siemens engineering expertise, Innomotics is the backbone of reliable motion for industries and infrastructure worldwide. Amid the increased... 


An image of Kevin Schlorke
Mining’s shift highlighted in SmartMine IoT
24th May 2024

With the advent of Industry 5.0, which will be characterised by the fusion of digital technologies, data analytics and automation, mining and industrial consultant Schauenburg Systems asserts that... 


An image of Sanjey Bhoowanpursadh
Environmental research underscores firm’s regional efforts
24th May 2024 By: Lumkile Nkomfe

Engineering and mining advisory group DMT Kai Batla asserts the need for a continued focus on promoting environmental consciousness, and extensive research and development within its operations.... 


executive sod turning ceremony
TNPA signs terminal operator agreement with Mnambithi Terminals in transformation deal
23rd May 2024 By: Darren Parker

State-owned Transnet National Ports Authority (TNPA) has signed a terminal operator agreement (TOA) with Mnambithi Terminals for the development of a liquid bulk facility at the port’s Maydon Wharf... 


An EU flag
South Africa considers complaining to WTO against EU carbon border tax
22nd May 2024 By: Reuters

South Africa is considering lodging a formal complaint at the World Trade Organization against the European Union's "protectionist" carbon border levy, Trade Minister Ebrahim Patel said on... 


The Port of Durban
Reserve Bank warns carbon taxes may cut exports by 10%
21st May 2024 By: Bloomberg

South African economic growth could be severely stunted if carbon taxes are widely imposed on its exports, according to a new report by the country’s central bank. The South African Reserve Bank... 


instant dry yeast
Itac makes strides in investigation of active yeast dumping from Zim
15th May 2024 By: Marleny Arnoldi

The International Trade Administration Commission (Itac) has asked the South African Reserve Bank to impose provisional duties on imports of active yeast originating in or imported from Zimbabwe... 


An image of Business Leadership South Africa CEO Busiswe Mavuso
South Africa must create a business-friendly environment to attract foreign investment
13th May 2024 By: Tasneem Bulbulia

Business organisation Business Leadership South Africa CEO Busiswe Mavuso writes in her latest weekly newsletter that the withdrawal of foreign investment seems to be “dominating” at present. She... 


A man standing on a podium at last years Enlit Africa Event
Organisers expect record attendance at event
10th May 2024 By: Halima Frost

With ballooning foot traffic, demonstrated by an increase in attendance of 81% from 2022 to 2023, the organisers of this year’s Enlit Africa anticipate a “bumper event that will be attended by... 


Accenture sales and commerce lead Africa Mushambi Mutuma.
South African companies struggling to keep pace with e-commerce growth
9th May 2024 By: Sabrina Jardim

While the cost of doing business is increasing, as companies grapple with ad hoc systems, legacy technology, skills gaps and poor infrastructure, global e-commerce companies with a “wealth of... 


Port of Durban container operations
TPT to continue to invest in Durban Pier 2 while legal spat over private partner plays out
8th May 2024 By: Terence Creamer

South Africa’s Transnet Port Terminals (TPT) says it will continue to invest in Durban Container Terminal (DCT) Pier 2 while legal proceedings around its selection of International Container... 


High Commissioner Jeremiah Nyamane Mamabolo (left) and Honorary Consul Bassim Haidar (right) in the East of England port of Felixstowe
South Africa appoints new Honorary Consul in the UK to promote trade
8th May 2024 By: Rebecca Campbell

South Africa has appointed a new Honorary Consul in the UK, it was announced on Wednesday. An Honorary Consul serves to promote South African exports to the country (or a specific region within a... 


Poulos Ngcobo - Dube TradePort deputy board chairperson;  Pearl Bhengu - iThala Development Finance Corporation; Siboniso Duma - KZN MEC for Economic Development, Tourism and Environmental Affairs; Mpumelelo Zikalala - Dube TradePort board chairperson; Hamish Erskine - Dube TradePort CEO; and Khanyisani Shandu - Trade and Investment KZN board chairperson
DTPC launches Dube TradeZone 2, attracts R1.8bn in private investment
6th May 2024 By: Sabrina Jardim

KwaZulu-Natal provincial entity Dube TradePort Corporation (DTPC) has launched its Dube TradeZone 2 – the second phase of the industrial precinct and special economic zone (SEZ) adjacent to the... 


Coal train
TFR ramps up coal trains to 28 a week
3rd May 2024 By: Darren Parker

State-owned Transnet Freight Rail (TFR) has embarked on a ramp up of GF-class coal trains from 21 a week to 28 a week, supported by an injection of locomotives. This is part of Transnet’s recovery... 


scrap metal
Enhanced regulation, law enforcement needed to combat scrap metal theft
3rd May 2024 By: Darren Parker

Enhanced regulation and enforcement are needed to address the challenges of scrap metal theft in South Africa and potentially lift the ban on scrap metal exports, research and advisory firm Birguid... 


Saudi Tadawul Group CEO Khalid Alhussan and JSE group CEO Leila Fourie
Saudi, Johannesburg stock exchanges partner to advance new instruments, market access
3rd May 2024 By: Marleny Arnoldi

The JSE has signed a memorandum of understanding (MoU) with Saudi Tadawul Group (STG), aimed at enhancing financial market collaboration and bolstering economic ties between South Africa and Saudi... 


NTOMBIFUTHI MDLULI
These projects collectively contribute to employment
Short-term insurance product extended to SMMEs
3rd May 2024 By: Simone Liedtke

The State-owned Export Credit Insurance Corporation of South Africa (ECIC) has significantly expanded its mandate to support manufacturing projects, with a notable enhancement through the... 


Transnet freight train
Transnet volumes, revenue up, but falls short of recovery targets
26th April 2024 By: Darren Parker

State-owned Transnet has reported a 1.5% year-on-year improvement in the total rail volumes reaching 151.7-million tonnes at the end of March 2024, showcasing improvement in operational... 


Magazine cover image
Can South Africa turn around 30 years of real economy underperformance?
26th April 2024 By: Terence Creamer

In this essay, Terence Creamer reflects on the factors that have shaped South Africa’s real-economy sectors of manufacturing, mining and agriculture over the past 30 years and considers ways to end... 


Typical Engen garage
Tribunal approves Vitol’s buyout of Engen
25th April 2024 By: Darren Parker

The Competition Tribunal has approved the proposed acquisition of petrol station brand Engen by independent energy marketing and trading company Vitol Emerald, subject to a set of competition and... 


Panellists who participated in the webinar are (from left) Mining Equipment Manufacturers of South Africa CEO Lehlohonolo Molloyi, Multotec CEO Thomas Holtz, Simera Trace technical director Kevin O'Neill, Epiroc digital solutions buisness line manager Vikesh Chiba and South African Capital Equipment Export Council CEO Eric Bruggeman.
Creativity, innovation keep South Africa’s mining tech manufacturing industry competitive
25th April 2024 By: Darren Parker

An admirable degree of creativity exists within the South African mining technology and equipment manufacturing sector, giving manufacturers the necessary flexibility to weather the significant... 


Green hydrogen symbol on a tank
Nelson Mandela University-led consortium to develop green hydrogen feasibility study
22nd April 2024 By: Darren Parker

A consortium led by Nelson Mandela University and boutique consultancy firm Ikigai Group has won a UK Government grant under the South Africa-UK Partnering for Accelerated Climate Transitions... 


President Cyril Ramaphosa
South Africa evades US censure even as it builds links to rivals
22nd April 2024 By: Bloomberg

South Africa is playing all sides when it comes to foreign policy as the country seeks to position itself as a leading voice of the Global South, and the approach seems to be working — so far. The... 


The above image depicts one of the three mini-substations by Trafo Power Solutions which are in an IP54 configuration – ensuring that the units are completely sealed from dust and water that could occur in the copper/zinc mine
Mini-substations, transformers supplied to DRC
19th April 2024

With its experience in Africa and its agility in executing projects rapidly, electrical equipment supplier Trafo Power Solutions is supplying three mini-substations and two transformers to a... 


An image of one of Harmony Gold's mine sites
Automated project manager scorecards enhance operations
19th April 2024 By: Trent Roebeck

Gold mining and exploration company Harmony Gold’s project management office (PMO) recently showcased its digital project manager scorecard – developed by project solutions company Project... 


South Africa to keep anti-dumping duties on chicken imports from US
18th April 2024 By: Bloomberg

South Africa’s trade minister approved a recommendation to maintain anti-dumping duties on frozen bone-in chicken portions originating in or imported from the US. Following an investigation that... 


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Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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On-The-Air (15/11/2024)
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