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Trade

SMEs need energy solution, transport infrastructure and industry development
20th February 2023 By: Schalk Burger

Rescuing the small and medium-sized enterprises (SMEs) sector requires fundamental and large-scale interventions aimed at addressing their specific problems, including the energy crisis, the need... 


Civil society organisations petition African leaders to reject gas energy strategy
17th February 2023 By: Darren Parker

With the thirty-sixth Ordinary Session of the African Union (AU) Assembly of Heads of State being held in Ethiopia over the weekend of February 18 and 19, civil society organisations (CSOs) have... 


South Africa to benefit from expansion of Brics – Brand SA
17th February 2023 By: Donna Slater

Brand South Africa (SA) says that, as South Africa assumes chairpersonship of the Brazil, Russia, India, China and South Africa (Brics) bloc of countries this year, it stands to benefit from a... 


Barloworld reports strong revenue growth
17th February 2023 By: Darren Parker

JSE-listed Barloworld has reported “pleasing results” in its core businesses in the industrial equipment and consumer industries verticals during the four months ended January 31. In a voluntary... 


Photo of Terence Creamer
EU carbon border tariffs a risk for SA, Africa
17th February 2023 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the European Union's decision to make use of a Carbon Border Adjustment Mechanism (CBAM), with the stated intention of ensuring the decarbonisation... 


An image depicting interconnectivity by using smart technologies at a container terminal.
S Africa needs smarter ports
17th February 2023 By: Tracy Hancock

For South Africa’s eight ports to keep up with the changes in global shipping, and safeguard trade that is vital to the economy, it is extremely important that Fourth Industrial Revolution (4IR)... 


On average, South Africa exports $1.4-billion a year of products from sectors covered by the EU's CBAM, including the iron and steel sector
EU carbon border tariffs could knock $16bn off Africa’s yearly GDP
15th February 2023 By: Terence Creamer

Concern is growing in South Africa and across Africa about the implications of the European Union’s (EU’s) decision to proceed with the implementation of a carbon border adjustment mechanism (CBAM)... 


A Brics logo
Brics debates expansion as Iran, Saudi Arabia seek entry
15th February 2023 By: Bloomberg

The Brics group of nations plans to decide this year whether to admit new members and what criteria they would have to meet, with Iran and Saudi Arabia among those who’ve formally asked to join,... 


Italtile attributes underwhelming results to manufacturing challenges
13th February 2023 By: Darren Parker

Tile company Italtile has delivered underwhelming results for the six months to December 31, 2022, with the group’s trading profit 8% lower year-on-year to R1.4-billion, while operating costs... 


Salga calls for SoNA to address municipal debt recovery, energy crisis
8th February 2023 By: Darren Parker

The South African Local Government Association (Salga) has expressed hopes that President Cyril Ramaphosa will address municipal debt recovery, local government funding and the energy crisis as... 


President Cyril Ramaphosa
Outa braces for more empty promises from SoNA
8th February 2023 By: Darren Parker

Ahead of President Cyril Ramaphosa’s yearly State of the Nation Address (SoNA) on February 9, Organisation Against Tax Abuse (Outa) CEO Wayne Duvenage has warned that empty promises will only... 


Tongaat Hulett executive director and incoming acting CEO Dan Marokane
Tongaat Hulett appoints acting CEO
7th February 2023 By: Darren Parker

Following the resignation of Tongaat Hulett CEO and executive director Gavin Hudson, with effect from February 28, the company has appointed executive director Dan Marokane as acting CEO. His... 


Oranges in a box
Citrus growers call for urgent WTO intervention to ensure oranges can be exported to EU
1st February 2023 By: Schalk Burger

Industry organisation the Citrus Growers Association of South Africa (CGA) has called on global body the World Trade Organisation (WTO) to urgently establish a panel to adjudicate on the False... 


Anti-dumping duties lapse on French fry imports
31st January 2023 By: Schalk Burger

The anti-dumping tariffs on French fries placed on three European countries by the International Trade Administration Commission of South Africa (Itac) have lapsed, which will bring relief to... 


An image of US Secretary of Treasury Janet Yellen meeting a worker at the Ford plant in Pretoria
Yellen commends Ford on its Silverton operation, commits to deepening ties
27th January 2023 By: Tasneem Bulbulia

US Secretary of Treasury Janet Yellen has described the Ford Motor Company’s Silverton assembly plant, in Pretoria, as a strong example of how deepening economic integration between the US and... 


Magazine Cover Image
African mining investors see opportunity amid rising insecurity and recession fears
27th January 2023 By: Nadine James

The “world’s largest investment conference”, the Investing in African Mining Indaba, looks to entice investors to Cape Town’s International Convention Centre in hopes of righting “Africa’s myriad... 


US Secretary of the Treasury Janet Yellen and South African Finance Minister Enoch Godongwana
Trade, just energy transition key topics of discussion between Yellen, Godongwana
26th January 2023 By: Tasneem Bulbulia

Finance Minister Enoch Godongwana has expressed his gratitude for the commitment by the US to South Africa’s energy transition, noting that it comes at a critical stage when the country is facing... 


AMSA steel
AMSA warns of lower full-year earnings amid global, domestic headwinds
24th January 2023 By: Darren Parker

The JSE share price of steel producer ArcelorMittal South Africa (AMSA) fell by nearly 22% on January 24, after it warned of lower profits for the financial year ended December 31, 2022. In a... 


Franchise sector calls for govt to urgently deal with the loadshedding crisis
24th January 2023 By: Tasneem Bulbulia

As the franchise sector suffers more debilitating losses as a result of the loadshedding crisis, industry organisation the Franchise Association of South Africa (Fasa) has called on government to... 


African Development Bank president Dr Akinwumi Adesina
Africa’s economic outlook stable despite global volatility
19th January 2023 By: Darren Parker

Global macroeconomic conditions have become increasingly uncertain with the persistence of multiple shocks that make policymaking and investment decisions very challenging, African Development Bank... 


World Economic Forum sign
African heads of State, global CEOs support development of public-private partnerships in AfCFTA
18th January 2023 By: Darren Parker

African heads of State and global CEOs attending the World Economic Forum (WEF) Annual Meeting, in Davos, this week, have shown support for the launch of the first of its kind report on how... 


Netherlands to provide $10m to support digital economy in developing countries
18th January 2023 By: Darren Parker

The Netherlands has announced that it will provide $10-million to intergovernmental organisation the United Nations Conference on Trade and Development (Unctad) to help developing countries benefit... 


Sacci index shows improved trading conditions
18th January 2023 By: Tasneem Bulbulia

Forty-two per cent of businesses that participated in the  South African Chamber of Commerce and Industry’s (Sacci’s) Trade Conditions Survey in November and December were positive about prevailing... 


Globalisation shifting owing to supply chain disruptions, research finds
17th January 2023 By: Tasneem Bulbulia

New research has revealed the emergence of major shifts in globalisation, as companies rush to move manufacturing closer to home to protect against supply chain disruptions, while increasingly... 


picture of Finance Minister Enoch Godongwana
Godongwana says Eskom, crime key disruptors to South Africa’s investment case
12th January 2023 By: Donna Slater

Ahead of South Africa’s government delegation traveling to Davos, Switzerland, to take part in the upcoming yearly World Economic Forum, Finance Minister Enoch Godongwana says South Africa’s... 


M&A activity impacted on several fronts in 2022 – HSF
M&A activity impacted on several fronts in 2022 – HSF
11th January 2023 By: Donna Slater

Merger and acquisition (M&A) activity was impacted negatively in the second half of 2022 as a result of several factors, including Russia’s invasion of Ukraine, inflation, interest rate rises and... 


Pick n Pay sees good initial response to pilot Takealot pickup point
9th January 2023 By: Darren Parker

Retailer Pick n Pay has launched a new pick-up point for online shop Takealot’s customers in one of its stores in Cape Town. This is part of a pilot aimed at giving customers the convenience of... 


December PMI rises to 53.1, underlying factors mixed
9th January 2023 By: Donna Slater

Financial services provider Absa’s seasonally-adjusted Purchasing Managers’ Index (PMI) rose for a third month to reach 53.1 index points in December, slightly up from the 52.6 points recorded in... 


Traffic in Suez Canal normal after ship breakdown dealt with - SCA
9th January 2023 By: Reuters

Shipping traffic in the Suez Canal was proceeding normally on Monday after tugs towed a cargo vessel that broke down during its passage through the waterway, the Canal Authority said. The breakdown... 


Afreximbank launches platform to promote African trade
20th December 2022 By: Donna Slater

The African Export-Import Bank (Afreximbank) has operationally launched the Afreximbank TRADAR Club – a member-driven network aimed at empowering international businesses and executives to... 


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Sector News

Array

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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

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VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

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Rio-Carb
Rio-Carb

Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...

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