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Brics expansion holds threats and opportunities for SA business
10th November 2023 By: Nadine James

The expansion of the Brazil, Russia, India, China and South Africa (Brics) bloc, announced during the fifteenth yearly Brics Summit in August, has raised questions about South Africa’s role in the... 


An image of BLSA CEO Busi Mavuso
BLSA outlines positives of two trade conferences
6th November 2023 By: Tasneem Bulbulia

Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has highlighted the past week as “important for South Africa’s trade and investment prospects”, with the African Growth... 


 President Cyril Ramaphosa
Ramaphosa seeks lengthy and inclusive Agoa extension to stimulate investment, regional value chains
3rd November 2023 By: Terence Creamer

South Africa’s President Cyril Ramaphosa has called on the US Congress to approve an early and “sufficiently lengthy” extension of the Africa Growth and Opportunity Act (Agoa) to provide investors... 


US Trade Representative Katherine Tai
US committed to ‘seamless’ Africa trade pact renewal, Tai says
3rd November 2023 By: Bloomberg

The US aims to ensure that its preferential trade pact with Africa is replaced without interruption when it expires in two-year’s time, while bringing it up to date. “We want to make sure that as... 


An Etihad cargo plane flying over Central Park in New York city
Carrier appoints cargo handler in US
3rd November 2023

The cargo and logistics arm of United Arab Emirates’ (UAE’s) airline Etihad Airways, Etihad Cargo, has appointed global carrier provider Worldwide Flight Services (WFS), a member of the SATS Group,... 


Warehouse shelves with boxes on them
Company opens high-tech warehouse in Cameroon
3rd November 2023

Integrated logistics company A.P Moller–Maersk, commonly referred to as Maersk, opened the doors to a brand-new and technology-driven warehousing and distribution (W&D) facility in Douala, Cameroon... 


An image of Gap Infrastructure Corporation CEO Roelof van den Berg
PPPs can boost rural development
3rd November 2023

In rural areas, infrastructure development should entail more than merely meeting basic communication, energy, sanitation, transport, and water infrastructure needs. Gap Infrastructure Corporation... 


An image of one of the Hinen H6000E inverter
Company brings battery products to Africa
3rd November 2023 By: Trent Roebeck

Following three successful exhibitions in Kenya, Nigeria and South Africa, energy storage battery products producer Hinen has introduced its products to the African continent in 2023. The Hinen... 


a photo of the outside of Seabourne's new facility
New warehouse to bolster logistics provider’s position in sector
3rd November 2023

Independent logistics service provider Seabourne Logistics announced in September that it would be moving into a new, “expansive” facility in Gauteng, South Africa. The new 22 000 m2 premises... 


Containers at port
Africa-US trade programme needs at least 10-year extension, AU says
2nd November 2023 By: Reuters

Africa wants the US Congress to renew its flagship trade programme for the continent for at least 10 years, the African Union's top trade official said on Thursday, adding that any modifications to... 


Standard Bank lauds potential of Agoa, AfCFTA
2nd November 2023 By: Tasneem Bulbulia

The African Growth and Opportunity Act (Agoa) is a pivotal agreement between the US and Africa to support and help grow African industries and markets, posits financial institution Standard Bank.... 


Railway tracks
Partners of Lobito Corridor target construction completion in five years
31st October 2023 By: Marleny Arnoldi

Following the signing of a seven-sided memorandum of understanding (MoU) between two financial institutions and the governments of the US, the European Union, Angola, the Democratic Republic of... 


US to evict Gabon, Niger, Uganda and Central African Republic from trade programme
31st October 2023 By: Reuters

US President Joe Biden said on Monday that he intends to end the participation of Gabon, Niger, Uganda and the Central African Republic in the African Growth and Opportunity Act (AGOA) trade... 


South Africa could benefit from its dual AfCFTA and Brics membership
30th October 2023 By: Rebecca Campbell

South Africa has the potential to use its membership of both the African Continental Free Trade Area (AfCFTA) and the Brazil, Russia, India, China, South Africa (Brics) bloc to stimulate its... 


US Trade Representative Katherine Tai
US trade chief Tai set to travel to South Africa for Agoa Forum
27th October 2023 By: Terence Creamer

US Trade Representative Katherine Tai will travel to South Africa from October 31 to November 4, during which she will co-chair the 20th Africa Growth and Opportunity Act (Agoa) Forum, which is... 


an image depicting a cold pilger mill
Converter plants beneficial
27th October 2023

With a focus on future-oriented stainless steelmaking, metallurgical industry plant supplier SMS group offers converter steel plants for carbon and stainless steel worldwide. This includes complex... 


Trade, Industry and Competition Minister Ebrahim Patel
Patel expresses confidence about South Africa’s continued inclusion in Agoa
26th October 2023 By: Marleny Arnoldi

Ahead of South Africa hosting the US-Africa Trade and Economic Cooperation Forum – also called the Agoa Forum – from November 2 to 4, Trade, Industry and Competition Minister Ebrahim Patel on... 


An image of BLSA CEO Busi Mavuso
BLSA calls for business to capitalise on South Africa’s hosting of Agoa Forum
23rd October 2023 By: Tasneem Bulbulia

It is notable that South Africa will still host the African Growth and Opportunity Act (Agoa) Private Sector Forum next month, given that several US lawmakers have called for it to be moved... 


Afreximbank, Export-Import Bank of China sign $600m loan to fund loans, trade finance transactions
20th October 2023 By: Schalk Burger

The African Export-Import Bank (Afreximbank) and the Export-Import Bank of China (Cexim) have signed a $600-million loan to fund loans and trade finance transactions. The purpose of the loan is to... 


An image of Specialised Exhibitions' portfolio director Mark Anderson
Packaging exhibition helps industry connect, boost growth
20th October 2023 By: Nadine James

Packaging and labelling trade exhibition Propak Cape is the “essential gathering place to discover all industry stakeholders need to know about the latest advancements and solutions that could... 


Kendra Gaither appointed as new USAfBC President
19th October 2023 By: Darren Parker

The US Chamber of Commerce has announced Kendra Gaither’s appointment as US-Africa Business Center (USAfBC) president. “What an honour to lead the USAfBC and work with our members and partners to... 


More green industrial policy support needed in commodity-dependent countries
10th October 2023 By: Darren Parker

The United Nations Conference on Trade and Development (Unctad) has called on the global community to provide support for green industrial policies in commodity-dependent developing countries to... 


Dhiren Vanmali
Opinion: Speedbumps, not roadblocks, beckon South African bakkie builders
10th October 2023

In this opinion article, Ford Motor Company of Southern Africa sales operations executive director Dhiren Vanmali writes that South Africa's hosting of the Africa Growth and Opportunity Act (Agoa)... 


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... 


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