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Trade

UK's Prince Edward to meet Mashatile, conservation activists
19th January 2024 By: Schalk Burger

The Duke of Edinburgh Prince Edward will meet with Deputy President Paul Mashatile at the OR Tambo Official Residence, in Pretoria, as part of Prince Edward's working visit to South Africa from... 


Two women and a baby standing around tap with a gent overseeing it
Huge investment to bring Rwanda water relief
19th January 2024

Development finance institution African Development Bank’s (AfDB’s) board in Abidjan, Côte d’Ivoire, announced last month that it had approved loans of over R4.7-billion to Rwanda, to improve the... 


Trade conditions remained weak in November, December, but more positive outlook anticipated – Sacci
18th January 2024 By: Tasneem Bulbulia

Industry organisation the South Africa Chamber of Commerce and Industry’s (Sacci’s) December 2023 survey on trade conditions indicated a slight improvement in the trading climate for November and... 


Port infrastructure operated by DP World
African trade growth expected to be driven by technology, trade pacts in 2024 – study
16th January 2024 By: Schalk Burger

The Trade in Transition study, commissioned by freight and logistics company DP World, shows that Africa’s business leaders anticipate growth this year, driven by investment in technology to... 


Joburg Chamber of Commerce and Industry opens export, import manager training programme
15th January 2024 By: Schalk Burger

The Johannesburg Chamber of Commerce and Industry (JCCI) has opened applications for its virtual export and import management training programme, which has been specifically designed to develop... 


Trade, Industry and Competition Minister Ebrahim Patel
US agrees preliminary deal with Africa on extending Agoa by ten years, says Patel
12th January 2024 By: Bloomberg

The US has reached preliminary agreement with African nations to extend their preferential trade access by another decade, pending approval by Congress, South Africa’s trade minister said. "We... 


An image of Finance Minister Enoch Godongwana
South Africa to present ‘compelling’ investment case at Davos – Godongwana
11th January 2024 By: Tasneem Bulbulia

South Africa’s delegation to the World Economic Forum (WEF) will present the country’s investment case, which Finance Minister Enoch Godongwana has described as “compelling”, to international... 


Africa’s average rank increases marginally in Global Cities Index
8th January 2024 By: Tasneem Bulbulia

Social, geopolitical and technological transformations are actively disrupting the traditional hierarchy of global cities, creating a more widely distributed geography of opportunity, global... 


Voting papers being handled in Egypt
Egypt's Sisi sweeps to third term as president with 89.6% of vote
20th December 2023 By: Reuters

Abdel Fattah al-Sisi swept on December 18 to a third term as Egypt's President in an election where he faced no serious challengers, calling the vote a rejection of the "inhumane war" in... 


UK to implement carbon levy on imported goods by 2027
18th December 2023 By: Reuters

Britain will implement a new carbon import levy on some products from 2027 to help to protect businesses against cheaper imports from countries with less strict climate policies, the government... 


Itac recommends maintaining duties on clear float glass unframed glass mirrors from Indonesia
11th December 2023 By: Schalk Burger

The International Trade Administration Commission of South Africa (Itac) has recommended maintaining the anti-dumping duties on clear float glass and unframed glass mirrors originating in or... 


A ship carrying containers
Global trade to contract 5% this year
11th December 2023 By: Schalk Burger

The United Nations Conference on Trade and Development (Unctad), in its December 2023 ‘Global Trade Update’, says global trade in goods will decline by about $2-trillion this year, but trade in... 


Three Itac commissioners reappointed until 2028
8th December 2023 By: Schalk Burger

Three International Trade Administration Commission of South Africa (Itac) commissioners Phozisa Mbiko, Wandile Sihlobo and Etienne Vlok, have been reappointed by President Cyril Ramaphosa as... 


An image of a sugarcane field and mill
Fund seeks to bolster regional sugar industry
8th December 2023

The Fund for Sustainable Sugar Industry Development in Africa (FSID), a private fund established by US-based private equity firm Lusitania Investment Capital (Lusitania) and its financial partners,... 


An image of a sugar refinery included in the BMG expansion programme
Expansion helps enhance efficiencies
8th December 2023

Industrial products supplier BMG relocated its regional service centre and opened two new facilities in September, with BMG KwaZulu-Natal (KZN) regional manager Keith van Wyk noting that the... 


An aerial photograph of one of the sugar cane mills under the umbrella of the South African Sugar Association
Diversification said to be key to industry’s survival
8th December 2023 By: Trent Roebeck

Despite Phase 1 of the “all-important” Sugarcane Value Chain Master Plan to 2030 (Sugarcane Master Plan) having expired on March 31, 2023, government has allowed for two additional years so that... 


A side profile image of sugarcane growing in a field
Financial support aids industry
8th December 2023 By: Trent Roebeck

To address the ongoing negative impacts and challenges posed by the Health Promotion Levy (HPL), or sugar tax, industry association SA Canegrowers, in partnership with millers from the South... 


An image of one of the dimple tubes on offer from Bosch
Tech enhances mill productivity
8th December 2023

Several sugar mills in KwaZulu-Natal have received productivity-enhancing benefits following installations of manufacturer of engineering consumables and components Bosch Projects’ new dimple tube... 


Shipping containers
Current account deficit narrows as imports slip
7th December 2023 By: Bloomberg

South Africa’s current account deficit shrank by much more than expected in the third quarter, buoyed by a surge in the trade balance as the volume of imports fell. The deficit on the current... 


A straddle carrier
Spares deal expected to boost performance of straddle carriers at congested DCT Pier 2
7th December 2023 By: Terence Creamer

Transnet Port Terminals (TPT) has concluded a seven-year agreement with four original equipment manufacturers (OEMs) for the supply of critical spares for equipment across its terminals, including... 


Merwyn Naidoo
Opinion: AfCFTA can support the development of local OEMs, unlock economic growth on the continent
6th December 2023

In this opinion article, ACTOM CEO and Manufacturing Circle chairperson Mervyn Naidoo writes about the importance of the African Continental Free Trade Agreement (AfCFTA) and how it can support the... 


An image of the Ecentric logo
Black Friday sales data reflective of consumer strain, online shopping preference – Ecentric
5th December 2023 By: Tasneem Bulbulia

Although the volume of Black Friday and Cyber Monday sales increased over this sales period, data from payment service provider Ecentric Payment Systems shows that the value of transactions and the... 


The Durban Container Terminal
TNPA seeks bidders for big berth expansion at congested Durban terminal
4th December 2023 By: Terence Creamer

The Transnet National Ports Authority (TNPA) has issued a tender for the reconstruction, deepening and lengthening of three berths at the Pier 2 North Quay of the currently congested Durban... 


Boegoebaai greenfield site
Sasol appoints adviser to search for Boegoebaai hydrogen export hub coinvestors
1st December 2023 By: Terence Creamer

A financial adviser has been appointed to assist Sasol in a search for potential coinvestors into a green hydrogen and ammonia export hub at Boegoebaai, in the Northern Cape, following the... 


Finance Minister Enoch Godongwana
Treasury says equity injection can be averted as it unveils R47bn Transnet guarantee
1st December 2023 By: Terence Creamer

A R47-billion guarantee facility, effective immediately, has been extended to struggling State-owned freight logistics group Transnet in support of its recovery plan and to meet its immediate debt... 


An image of the feed tank used for softening potable water
Gold mine receives containerised water treatment plants
1st December 2023

Endeavour Mining Corporation’s Lafigué gold mine, which is located about 120 km northeast of Bouake, in Côte d’Ivoire, has been equipped with three water treatment plants that will be fed raw water... 


An image of a cylinder manufactured by CYLINDERS4AFRICA
App streamlines filling, exchanging processes
1st December 2023 By: Trent Roebeck

South Africa’s only approved 9 kg pressure vessel manufacturer Cylinders4Africa has developed a tech-forward application (app) for various contemporary industries and sectors that rely on portable... 


An image of one of the container tanks on offer from Container World
New tanks acquired for fuel storage, transportation across Africa
1st December 2023 By: Trent Roebeck

Celebrating 40 years in business this year, South African tank and container supplier Container World last month bought 20 container tanks, which were delivered to the company’s Durban depot, in... 


hydrogen tank with solar and wind energy
Access to water, logistics infrastructure major hurdles to hydrogen economy
30th November 2023 By: Darren Parker

One of the challenges standing in the way of South Africa becoming a world-class green hydrogen producer is that South Africa is a water-scarce country, and that enormous volumes of water are... 


Shady bankers deal in front of standard bank logo
Standard Bank denies currency manipulation allegations
27th November 2023 By: Darren Parker

Financial services provider Standard Bank has denied manipulating the value of the rand and having any involvement in anticompetitive or criminal conduct, despite admitting fault before the... 


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