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International Monetary Fund MD Kristalina Georgieva and African Development Bank Group President Dr Akinwumi Adesina
IMF, AfDB urge African countries not to borrow against their natural resources
9th October 2023 By: Darren Parker

The International Monetary Fund (IMF) has strongly supported a call by the African Development Bank Group (AfDB) urging countries in Africa to stop borrowing loans backed by their natural... 


A view of the Made in the Cape Market
Pop-up showcase for Western Cape exporters during October inaugurated
9th October 2023 By: Rebecca Campbell

Western Cape provincial trade, investment and tourism promotion agency Wesgro on Friday inaugurated its “Made in the Cape Market”, at the V&A Waterfront in Cape Town. The market will run throughout... 


Astron petrol station
Chevron, Astron extend use rights, debrand agreements
9th October 2023 By: Darren Parker

Energy companies Chevron Brands International and Astron Energy have entered into an agreement to extend the existing Caltex use rights and debrand agreements for South Africa and Botswana until... 


alcohol in store
Salba welcomes ban on duty-free alcohol, tobacco sales to foreign diplomats
6th October 2023 By: Darren Parker

The South Africa Liquor Brand Owners Association (Salba) has welcomed Finance Minister Enoch Godongwana’s amendment to the Customs and Excise Act and Value-Added Tax Act, banning the duty-free sale... 


Half of CEOs express doubts over Brics benefits, but confidence index improves
3rd October 2023 By: Tasneem Bulbulia

This quarter’s Merchantec CEO Confidence Index (MCCI) indicates that 55% of CEOs that were surveyed harbour doubts about the potential benefits of South Africa's association with the Brazil,... 


dunlop flags
Dunlop proceeds with R1.7bn investment in Ladysmith tyre factory
3rd October 2023 By: Darren Parker

Tyre manufacturer Dunlop is forging ahead with a R1.7-billion investment project at its factory in Ladysmith, KwaZulu-Natal, with the backing of its Japan-based parent company Sumitomo Rubber... 


Franchisors bullish about growth, but certain areas remain a worry
29th September 2023 By: Tasneem Bulbulia

Franchisors’ optimism about business growth continues to strengthen, and the expectation that turnover will grow in the next financial year is almost unanimous – from 81% in 2018, to 89% in 2019 to... 


Trade, Industry and Competition Minister Ebrahim Patel
South Africa to motivate for Agoa renewal for Africa's development
27th September 2023 By: Schalk Burger

South Africa will motivate for the extension and renewal of the US preferential trade framework the African Growth and Opportunity Act (Agoa) for itself and other African countries on the basis... 


Minister of Trade and Industry Ebrahim Patel
US lawmakers 'appreciated' Lady R probe, says Patel as he pushes for renewal of AGOA
26th September 2023 By: News24Wire

A visit to Washington by a high-profile delegation of ministers, business leaders and unionists lowered tensions around the renewal of South Africa's preferential trade deal with the US, Minister... 


Minister Ebrahim Patel
Patel confirms South Africa’s hosting of Agoa forum
22nd September 2023 By: Marleny Arnoldi

South Africa will host the Africa Trade and Economic Cooperation (Agoa) forum in early November, Trade, Industry and Competition Minister Ebrahim Patel has confirmed. In a joint statement with is... 


cement being smoothed
PPC reports 5% y/y growth in South Africa and Botswana cement business
20th September 2023 By: Darren Parker

The revenue for cement manufacturer PPC’s South Africa and Botswana divisions for the five months ended August 31 increased by 5% year-on-year, the company reported in an operating update on... 


Forex shortage challenging intra-Africa trade
19th September 2023 By: Cameron Mackay

Intra-country trade across Africa is stuttering as businesses struggle to find the foreign currency, most notably the dollar, needed to pay for imports. This shortage has been caused by the... 


President Cyril Ramaphosa
US-South Africa hold trade, investment dialogue to deepen bilateral business ties
19th September 2023 By: Schalk Burger

The US-South Africa Trade and Investment Executive Dialogue on September 18 built on partnership efforts and saw the launch of a yearly US-South Africa Trade and Investment Forum. The dialogue also... 


Avca summit in London to unpack sustainable investment strategies in Africa
19th September 2023 By: Tasneem Bulbulia

Pan-African industry association the African Private Capital Association (Avca) will host the second edition of the Sustainable Investing in Africa Summit, at the Sheraton Grand, Park Lane, London,... 


participants of the FLC at Finnish embassy
Finnish Embassy launches funding for circular economy, good governance projects
15th September 2023 By: Darren Parker

The Embassy of Finland has launched its support for several South Africa-based projects – two circular economy projects and two projects focused on promoting good governance under its Fund for... 


CAMM founding director and GIBS economics lecturer Dr Adrian Saville, Business Unity South Africa CEO Cas Coovadia, Industry Insight CEO Elsie Snyman, PPC South Africa and Botswana MD Njombo Lekula, CAMM research associate Francois Fouche, and Cement and Concrete South Africa CEO Bryan Perrie
New report highlights how imported cement destabilises the economy
13th September 2023 By: Darren Parker

The negative impact on the South African economy caused by substituting local cement production with imported cement was highlighted in a report released by cement manufacturer PPC in conjunction... 


CAMM founding director and GIBS economics lecturer Dr Adrian Saville
Economist gives bleak outlook for South Africa’s economic future
13th September 2023 By: Darren Parker

In a stark assessment of South Africa's economic performance Centre for African Management and Markets (CAMM) founding director and Gordon Institute of Business Science (GIBS) economics lecturer Dr... 


Three scrap metal companies brought to book for violating trade permit conditions
11th September 2023 By: Darren Parker

The International Trade Administration Commission of South Africa (ITAC) has taken legal action against three companies that it says attempted to export scrap metal and copper ingots without valid... 


Government aims to help derisk Northern Cape green hydrogen projects
11th September 2023 By: Darren Parker

Northern Cape Economic Development, Trade and Investment Promotion Agency acting project management unit manager Shawn Modise has said the government aims to play a key role in derisking green... 


An image of BLSA CEO Busi Mavuso
Lady R docking report summary insufficient to quell business concerns – BLSA CEO
11th September 2023 By: Tasneem Bulbulia

The release last week of an executive summary of a report from a panel announced by President Cyril Ramaphosa and led by a retired judge to investigate the contentious docking of the Lady R ship in... 


A platinum group metals mine
DSI pursuing private sector partnerships to industrialise hydrogen catalyser projects
8th September 2023 By: Darren Parker

Speaking at the Devac Hydrogen-H Conference in Johannesburg on September 7, Department of Science and Innovation (DSI) hydrogen and energy acting chief director Dr Cosmas Chiteme said the... 


Survey shows improved Southern African private equity performance
7th September 2023 By: Cameron Mackay

Management consulting company EY Africa private capital leader and partner Graham Stokoe on September 7 discussed key findings of the Southern African Venture Capital and Private Equity... 


Climate change, regionalisation to impact on global steelmaking
7th September 2023 By: Cameron Mackay

Global body World Steel Association director-general Dr Edwin Basson contends that signficant trends such as climate change and the need to decarbonise industrial activity, as well as... 


Transnet chairperson Andile Sangqu
New Transnet chair hints at possible equity injection as group slumps to R5.7bn loss
1st September 2023 By: Terence Creamer

New Transnet chairperson Andile Sangqu has indicated that the troubled State-owned freight logistics group, which has hitherto prided itself on being financially self-sufficient, may require and... 


Ford Rangers at port ready for export
Industry bodies unpack importance of continued Agoa access for local automotive industry
1st September 2023 By: Marleny Arnoldi

Industry bodies unpack importance of continued Agoa access for local automotive industry As the African Growth and Opportunity Act (Agoa) comes up for potential renewal before its expiry in 2025,... 


Firm expands temperature-controlled logistics platform through acquisition
1st September 2023

Leading cold chain logistics platform Commercial Cold Holdings (CCH), which is controlled by funds managed by African Infrastructure Investment Managers (AIIM) a subsidiary of Old Mutual... 


GAME-CHANGER
Aerobotics supports farmers globally with “ground-breaking
AI-engineered solutions boost fruit and nut industry resilience
1st September 2023

The 2023 season has not been without its frustrations for fruit and nut farmers, says Aerobotics GM Ken Treloar. “A host of challenging conditions domestically and across markets have pressured... 


A steel slab in ArcelorMittal South Africa's Vanderbijlpark plant
Steel industry vital for South Africa’s industrialisation, Majola says
31st August 2023 By: Cameron Mackay

Trade, Industry and Competition Deputy Minister Fikile Majola has stressed the impact of the local steel industry and its importance to South Africa’s industrialisation, and the challenges that the... 


With the Rainbow Hammarsdale expansion, Rainbow has re-instated roughly 750 jobs, with an additional 100 jobs to be initiated by June next year
Rainbow celebrates 60 years of processing excellence, embarks on new growth chapter
29th August 2023 By: Cameron Mackay

Poultry company Rainbow on August 28 marked the commemoration of its sixtieth anniversary with an event held in Hammarsdale, in KwaZulu-Natal. This occasion served as a tribute to Rainbow's six... 


Durban Container Terminal Pier 2
Draft Freight Logistics Roadmap promised by year-end
28th August 2023 By: Terence Creamer

A new ‘Freight Logistics Roadmap’ is currently undergoing an internal government consultative process for publication before the end of the year, the latest Operation Vulindlela progress update... 


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