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Trade

Containers at port
Tracit recommends govt establish an Interagency Anti-Illicit Trade Coordinator
30th May 2023 By: Marleny Arnoldi

Global independent private organisation the Transnational Alliance to Combat Illicit Trade (Tracit) has published a report on illicit trade activity in South Africa, with recommendations on how the... 


The South African Reserve Bank's head office
SARB sounds the alarm on threat of sanctions
30th May 2023 By: Bloomberg

The South African Reserve Bank (SARB) has warned of dire consequences should the country face censure due to its stance on Russia’s invasion of Ukraine At worst, secondary or indirect sanctions... 


DP World, Standard Bank partner to provide trade finance in Africa
29th May 2023 By: Schalk Burger

Supply chain and logistics company DP World and financial services firm Standard Bank have partnered to offer trade finance solutions. African companies looking for trade finance will now be able... 


A lady standing at a podium addressing a group of people with billboards and signage behind her
Big goals for construction event
26th May 2023

This year’s Big 5 Construct Southern Africa is being held with the aim of driving economic growth, recovery and transformation within Southern Africa’s construction industry. The Big 5 Construct... 


A silhouette of construction workers pouring concrete at a construction site
Risk solutions provider growing African footprint
26th May 2023 By: Halima Frost

Since its establishment in 2021, risk mitigation solutions provider Africa Speciality Risk (ASR) has set its sights on consolidating its underwriting activities in South Africa as part of its... 


Trade, Industry and Competition Minister Ebrahim Patel
Patel outlines ‘step change’ investment, export and jobs targets for 2023/24
25th May 2023 By: Terence Creamer

Trade, Industry and Competition Minister Ebrahim Patel outlined firm investment, localisation, export and manufacturing jobs targets in his 2023/24 Budget Vote address to Parliament this week. In a... 


Trade, Industry and Competition Minister Ebrahim Patel
Patel says South Africa values trade with US ‘enormously’ amid Agoa fears
24th May 2023 By: Terence Creamer

Amid diplomatic tensions with the US over an alleged sale of arms to Russia, South Africa is continuing to make the case for its ongoing designation as a beneficiary of the Africa Growth and... 


DA leader John Steenhuisen
DA pleads for market access as US ties fray
23rd May 2023 By: Bloomberg

South Africa’s biggest opposition party is lobbying US lawmakers in a bid to preserve the country’s duty-free access to the world’s biggest economy amid a spat between the two nations over Russia’s... 


CIBA, Business France promote investment potential of France, citing South African examples
22nd May 2023 By: Tasneem Bulbulia

South African consultancy Cebisile Investment and Advisory (CIBA) in 2022 opened an office in Reims, France, and sees much potential for this to bolster its future growth and development, as well... 


An image of a wildebeest being lifted
Lifting, rigging solutions for wildlife
19th May 2023

Industrial equipment supplier BMG’s dedicated lifting and rigging division has been involved in important projects recently, including the lifting and moving of wildlife. “A challenging task for... 


Mozambique President Joachim Chissano, Zimbabwe President Emmerson Mnangagwa and African Development Bank president Dr Akinwumi Adesina
Zimbabwe President promises reforms ahead of August elections
17th May 2023 By: Darren Parker

Zimbabwe President Emmerson Mnangagwa has promised development partners and creditors that his government will implement reforms necessary for resolving the country’s nearly $8.3-billion debt and... 


Oranges packed in a box for sale
Citrus Growers’ Association calls on Patel to intervene on 'unfair' EU regulations
16th May 2023 By: Darren Parker

With orange exports now underway to the European Union (EU), Citrus Growers’ Association (CGA) of South Africa CEO Justin Chadwick is urging Trade, Industry and Competition Minister Ebrahim Patel... 


A call for restoration of relations between South Africa and the US
15th May 2023 By: Tasneem Bulbulia

South Africa needs to undertake concerted efforts to restore positive relations with the US, business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso writes in her weekly... 


Communications Minister Mondli Gungubele
South Africa hits back at US accusations of arms shipment to Russia
12th May 2023 By: Reuters

South African officials on Friday hit back at US accusations that a sanctioned Russian ship had picked up weapons from a naval base near Cape Town late last year, a move investors feared could lead... 


President Cyril Ramaphosa
Rand extends slump as SA's row with US puts trade ties at risk
12th May 2023 By: Bloomberg

The rand slumped to its weakest level on record against the dollar as a diplomatic row between South Africa and the US simmered, putting trade of as much as R400-billion at risk. South Africa’s... 


An image depicting Darren Keech
Firm celebrates 35 years of safety
12th May 2023

This year marks the thirty-fifth anniversary of safety solutions provider Sperosens. “We could not be more excited to celebrate all that Spero Sensors and Instruments has accomplished, alongside... 


Business Forum explores intra-African trade
11th May 2023 By: Tasneem Bulbulia

As the African Continental Free Trade Area (AfCFTA) is established, Afreximbank will host The Intra-African Trade Fair (IATF) IATF2023 in Cairo, Egypt in November to provide trade and market... 


Incoming CBAM could see African aluminium, iron exports plummet
11th May 2023 By: Marleny Arnoldi

The African Climate Foundation (ACF), together with the Firoz Lalji Institute for Africa, finds that the European Union’s (EU’s) incoming Carbon Border Adjustment Mechanism (CBAM) will impact... 


Presidency project management office head Rudi Dicks
Urgent skills development roadmap required for a just energy transition
11th May 2023 By: Darren Parker

To successfully effect a just energy transition (JET), South Africa needs to urgently identify the skills required and create a skills development roadmap, as it could take between five and ten... 


Small manufacturer support crucial to navigating South Africa’s difficulties
Small manufacturer support crucial to navigating South Africa’s difficulties
11th May 2023 By: Simone Liedtke

The inability to effectively reduce the crime rate, coupled with government interference in the manufacturing sector, slow economic growth, infrastructure deficiencies, and rising steel prices,... 


International Relations and Cooperation Minister Naledi Pandor
South Africa urges careful debate on option of introducing Brics common currency
11th May 2023 By: Bloomberg

The Brics group of nations will discuss the feasibility of introducing a common currency and shouldn’t rush any decision, according to South Africa’s foreign minister. US interest-rate hikes and... 


Durban Container Terminals
Durban Container Terminal reports improvements in key metrics
10th May 2023 By: Darren Parker

State-owned Transnet Port Terminals has said the introduction of the adjusted free import storage rule seven months ago at the Durban Container Terminal has resulted in significant improvements in... 


AIEC director and naamsa | The Automotive Business Council executive manager Dr Norman Lamprecht
Automotive trade performing strongly after pandemic
5th May 2023 By: Darren Parker

Although the domestic automotive industry’s recovery to prepandemic levels continued in 2022, it was at a slower pace than in 2021, with many key performance indicators still remaining below the... 


Truck Trailer Bus and Bakkie Road Freight Association Convention
Yearly convention will address industry priorities
5th May 2023 By: Halima Frost

Industry body The Road Freight Association’s (RFA’s) yearly convention, which will be held later this month, seeks to attract top executives in the trucking, logistics and warehousing sectors to... 


An emerald and metallic green electric truck manufactured by Volvo has been delivered to Morocco as a continent first
New electric trucks destined for S Africa
5th May 2023 By: Halima Frost

On the back of delivering the first ever heavy electric truck to the African continent last month, global manufacturer Volvo says it will deliver its first FM electric truck tractor to a client in... 


Tata Chemicals fails to have 40% antidumping duty on US soda ash axed
3rd May 2023 By: Darren Parker

The High Court has upheld the decision by the International Trade Administration Commission (Itac) to increase the imposition of antidumping duties from 8% to 40% on Indian chemical company Tata... 


Gordhan in China to fast-track locomotives, spares delivery to Transnet
2nd May 2023 By: Tasneem Bulbulia

Public Enterprises Minister Pravin Gordhan has embarked on a previously announced official trip to China. He is leading a delegation to meet with his counterparts in the Chinese government as part... 


a grey scale image of various configurations of Bright bar ready for dispatch
Producer’s branch targets safety critical applications
28th April 2023

According to steel fabricator Macsteel Special Steels Bright Bar in Meyerton, Gauteng, a division of Macsteel South Africa, its Bright Bar range has been created for safety critical applications.... 


Brics draws membership requests from 19 nations before summit
24th April 2023 By: Bloomberg

Nineteen countries expressed an interest in joining the Brics group of nations as it prepares to hold an annual summit in South Africa. The emerging-markets bloc of Brazil, Russia, India, China and... 


Agbiz CEO Theo Boshoff
Agbiz urges govt to finally take stance against Russia
24th April 2023 By: Marleny Arnoldi

Industry body the Agricultural Business Chamber (Agbiz) has urged the South African government to finally take a firm stance against the injustices prevailing in the world, and align the country... 


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Sector News

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Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

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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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Weir Minerals Africa and Middle East
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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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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