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Trade

Boegoebaai
Northern Cape green hydrogen development could drive manufacturing in the province
21st July 2023 By: Darren Parker

If green hydrogen can be produced efficiently and cost effectively in the Northern Cape, the country’s manufacturing capacity will likely migrate there, Northern Cape Economic Development Trade and... 


An image at night of a greenhouse growing plants that is glowing pink owing to the red LED lights inside
Light manufacturer expands range
21st July 2023

Global lighting solutions manufacturer ams OSRAM bolstered its horticultural lighting offerings in June, announcing the addition of two new products. The company continues to provide important... 


Jeffrey's Bay wind farm
Energy users believe natural gas not green enough
20th July 2023 By: Darren Parker

Many large energy users do not see natural gas as a viable option for the production of hydrogen, diversified minerals and investment group Siyakhula Sonke Empowerment Corporation (SSC) renewable... 


Image of containers
TNPA seeks bids for Port of Richards Bay container concession
19th July 2023 By: Terence Creamer

Transnet National Ports Authority (TNPA) is seeking bidders for a 25-year container handling facility concession in the Bayvue Precinct at the Port of Richards Bay, in KwaZulu-Natal. The request... 


automation in robotics manufacturing
South Africa needs to embrace more 4IR technology or fall behind
17th July 2023 By: Darren Parker

Professional services and auditing firm PwC says that South Africa’s competitors are all adopting 4IR technologies and developing their workforces and, if South Africa fails to follow suit, the... 


The rebrand is part of Astron Energy’s 100th service station as part of the company’s project to rebrand its network from Caltex to Astron Energy
Astron Energy rebrands one-hundredth site in South Africa
17th July 2023 By: Cameron Mackay

Petroleum products supplier Astron Energy has marked the rebrand of its one-hundreth service station in South Africa as part of the company’s mammoth project to rebrand its network from Caltex to... 


Afreximbank disburses $120m to Kenyan investment development firm
17th July 2023 By: Darren Parker

The African Export-Import Bank (Afreximbank) in Nairobi has announced the disbursement of a $120-million financing facility to Djibouti’s Great Horn Investment Holding (GHIH) for the execution of a... 


China’s participation key to AfCFTA success
12th July 2023 By: Cameron Mackay

South African diplomat and ambassador of South Africa to Madagascar Gert Grobler has emphasised the importance of the African Continental Free Trade Area (AfCFTA) in advancing Africa’s integrated... 


South Africa lobbies to retain preferential access to US markets
11th July 2023 By: Bloomberg

A South African government delegation will embark on a charm offensive in the US this week in a bid to defuse tensions with the African nation’s second-biggest trading partner over foreign policy... 


Manufacturing production increased by 2.5% y/y in May
11th July 2023 By: Cameron Mackay

Statistics South Africa has reported that manufacturing production increased by 2.5% in May this year compared with May last year. The largest contributions were made by the motor vehicles, parts... 


South African bank highlights importance of US-Africa business summit
10th July 2023 By: Rebecca Campbell

South Africa’s Standard Bank (not to be confused with the now-unrelated UK-based Standard Chartered Bank) has highlighted the importance of the US-Africa Business Summit, which will run from... 


South African trade to suffer heavily if Russian arms aid allegations persist – Nedbank
7th July 2023 By: Marleny Arnoldi

Nedbank commercial banking agriculture head John Hudson has shared his unease over the potential fallout following South Africa’s alleged supply of arms to Russia in December 2022, as alleged by US... 


African, global investors close $500m infrastructure fund
7th July 2023 By: Cameron Mackay

Prominent African and global institutional investors have signed on to the new $500-million Africa50 Infrastructure Acceleration Fund, a move described as an unprecedented milestone for Africa. The... 


Two mask-wearing men at the MECAD stand
Firm returns to KITE
7th July 2023

Engineering solutions provider  MECAD is expected to once again attend the KwaZulu-Natal Industrial Technology Exhibition (KITE) to be hosted at the Durban Exhibition Centre from July 18 to 20.... 


From left to right: Royal Bafokeng Institute nonexecutive director Stacey-Lee Bolon, Illovo Sugar Africa group community services manager Jason Baker, De Beers group of companies South Africa supply chain performance and risk senior manager Laren Perumal, Live Moya South Africa director Racuni Naidoo and Lucient Engineering and Construction, South Africa director Masego Mokitimi
Innovation, partnerships can boost ESG outcomes
7th July 2023 By: Bridget Lepere

Innovation is key to driving change in the work environment and in communities, Illovo Sugar Africa group community services manager Jason Baker told attendees of the three-day Deloitte... 


a black and white photo of an adult male hand under a tap with sparse water dripping out if it
Urbanisation placing pressure on water infrastructure
7th July 2023 By: Halima Frost

Africa’s already limited water infrastructure will likely face increased strain as multiple countries experience rapid urbanisation, says market research company Frost & Sullivan Africa consultant... 


Trees used to make paper in South Africa are specifically farmed, as tree growing and paper making processes are audited, certified, and sustainability managed
Pamsa stresses comprehensive sustainability of forestry, papermaking
5th July 2023 By: Cameron Mackay

Industry association the Paper Manufacturers Association of South Africa (Pamsa) has emphasised the environmental, economic and social sustainability benefits of the local papermaking and recycling... 


renewable energy technologies
UN seeks to help developing countries access more funds for renewables investment
5th July 2023 By: Darren Parker

The world’s least developed countries rely on external sources for almost three-quarters of their energy investment but may pay up to seven times more than developed countries to access... 


ICH notes that its decision to sell the fertiliser business was not based on slowing demand, but rather on it changing its focus
ICH finalises fertiliser division sale to K+S Group
4th July 2023 By: Cameron Mackay

International company Industrial Commodities Holdings (ICH) has finalised the sale of the ICH fertiliser business to Fertiva, an entity which is now majority-owned by German fertiliser supplier K+S... 


Basic resources sector leads way as CEO confidence improves
4th July 2023 By: Cameron Mackay

Advisory company Merchantec Capital’s CEO Confidence Index for the second quarter of this year has “shed light on the impact of artificial intelligence (AI) on business growth and operational... 


A US flag at the Capital building in Washington DC
South Africa must clarify Russia stance, set out clear policy on supply of weapons – BLSA
3rd July 2023 By: Schalk Burger

South Africa's ambiguous stance on Russia has led to the US Congress and Senate noting that the docking of the Lady R vessel, in Simon’s Town naval base in May, and the joint military drills with... 


Mondi completes sale of three assets in Russia
3rd July 2023 By: Cameron Mackay

Packaging and paper manufacturer Mondi confirms that the sale of its three Russian packaging converting operations to safety equipment supplier Gotek Group for Rb1.6-billion has been completed.... 


AmaranthCX director Paul Miller
Policymakers urged to fix distorted public market as South African delistings continue
3rd July 2023 By: Marleny Arnoldi

The public market continues to see delistings on the JSE and other South African stock exchanges at an alarming rate, says consultancy and research provider AmaranthCX director Paul Miller, with 14... 


Hudaco CEO Graham Dunford
Hudaco reports strong interim result despite difficult market conditions
30th June 2023 By: Darren Parker

JSE-listed industrial products supplier Hudaco Industries has reported a strong performance amid a challenging six months ended May 31, with turnover having increased by 12.4% to R4.3-billion,... 


US DFC to lead delegation to US-Africa Business Summit
30th June 2023 By: Tasneem Bulbulia

US International Development Finance Corporation (DFC) CEO Scott Nathan will lead a high-level US delegation to the US-Africa Business Summit, to be held in Gaborone, Botswana, from July 11 to 14.... 


Letters spelling out BRICS
Ethiopia asks to join Brics bloc of emerging economies
30th June 2023 By: Reuters

Ethiopia, one of Africa's fastest-growing economies, has asked to join the Brics bloc of emerging markets, the foreign ministry said on Thursday. The term BRIC was coined by Goldman Sachs economist... 


Hume International logistics and operations director Roy Thomas
Potential Agoa expulsion would add to South Africa’s growing chicken price problems
29th June 2023 By: Cameron Mackay

Food importer Hume International logistics and operations director Roy Thomas stresses that the looming threat of South Africa’s expulsion from the African Growth and Opportunity Act (Agoa) trade... 


A box of oranges
Citrus growers say EU pest rules putting the squeeze on exports
28th June 2023 By: Reuters

New European Union (EU) pest control rules will cut South Africa's orange exports to Europe by 20% this year, threatening thousands of jobs, the Citrus Growers Association (CGA) has said. The new... 


German Vice Chancellor and Minister of Economic Affairs and Climate Action Robert Habeck
South Africa, Germany to establish a task force to drive green hydrogen production, trade
28th June 2023 By: Schalk Burger

Electricity Minister Dr Kgosientsho Ramokgopa has, on behalf of the South African government, signed a joint declaration for the planned establishment of a South African-German Hydrogen Task Force... 


Sars’ Kieswetter elected chairperson of the World Customs Organisation
26th June 2023 By: Cameron Mackay

The South African Revenue Service (Sars) has welcomed the election of Sars Commissioner Edward Kieswetter as chairperson of intergovernmental body the World Customs Organisation (WCO). The election... 


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