In a significant stride toward revitalising South Africa’s logistics landscape, Transnet has successfully cleared the backlog at Durban Port, marking a pivotal moment for the nation’s import, export and trade investment prospects. This achievement not only underscores Transnet’s commitment to operational excellence but also signal... TRANSNET CLEARS DURBAN PORT BACKLOG: A TURNING POINT FOR SOUTH AFRICA’S TRADE AND INVESTMENT FUTURE
South Africa has taken a measured approach following the United States’ decision to impose steep import tariffs on South African vehicles and automotive components. Instead, South Africa is relying on diplomacy, trade diversification, and its status as a major global exporter of critical minerals – most of which are unaffected by the new tari... SOUTH AFRICA STRENGTHENS GLOBAL EXPORT POSITIONING AMID U.S. TARIFFS
Algerian ambassador to South Africa Abd-El-Naceur Belaid called for stronger economic partnerships between Algeria and South Africa at an Algeria-South Africa trade and investment summit held in Johannesburg. Chris Anderson Belaid was speaking at a gathering in Johannesburg on 22 March 2017 with members of the South African business community, the ... Algeria ready to strengthen trade and industry ties with South Africa
The fourth Japan Summit, hosted by Brand South Africa in Sandton this week, highlighted the importance of trade between South Africa and Japan and the wealth of opportunities for businesses to drive growth in both countries. Brand South Africa reporter Yamama Gemmer is a proudly South African company that produces a healthy ginger-based juice. Entr... Summit explores Japan’s role in developing Africa’s ‘great economic potential’
Chadian Foreign Minister Moussa Faki Mahamat has been chosen as the new chairperson of the African Union Commission. Mahamat replaces South Africa’s Nkosazana Dlamini-Zuma. CD Anderson Chad’s Moussa Faki Mahamat will take over as the chairperson of the African Union (AU) Commission, which comprises African heads of state and government who form the... African Union choose new chairperson
Johannesburg, 25 January 2017 – The Japan External Trade Organisation (JETRO), in cooperation with the Embassy of Japan in South Africa and the Japanese Chamber of Commerce and Industries in South Africa will on Tuesday 31 January 2017 host the 4th Japan Seminar under the theme “Proudly South African”. Brand South Africa is a partner […] ... Japanese Seminar to look at South African investment opportunities
South African’s commitment to creating a viable ocean economy, as part of its National Development Plan Vision 2030, was underscored this week with an announcement that it has made a R7-billion investment in new port facilities, such as oil and gas hubs, aquaculture and boat building. South African invests R7bn in ports, ocean economy
The New Development Bank (NDB), operated by the BRICS grouping of Brazil, Russia, India, China and South Africa, has formally opened for business. According to the National Treasury, the country’s role in the bank will strengthen its position as a financial centre for the continent. BRICS Development Bank officially opens for business
South Africa has made inroads into renewing and increasing relations with Italy, as well as finding new trade and diplomatic opportunities between the two countries, following a visit to Rome this month by Minister Maite Nkoana-Mashabane. Bilateral trade hit a six-year high in 2014. South Africa and Italy forge stronger ties
Deputy President Cyril Ramaphosa is expected to visit Iran to re-establish trade ties and formally authorise the formation of the Iran and South Africa Joint Business Council. South African exports to Iran fell from R1.5-billion in 2007 to R250-million in 2014; oil imports also declined. Ramaphosa to boost South Africa’s ties with Iran
A South African trade and industry delegation will visit Ghana and Nigeria during August, seeking to create investment opportunities and build more confident economic relations between the three countries, based on growing bilateral trade over the past five years. South African trade mission to build links with Ghana and Nigeria
A market of over 600 million people with a combined gross domestic product of more than $1- trillion will be created with the launch of the Tripartite Free Trade Area in June. It will link consumers across Africa, from Egypt to South Africa. Free trade area to link Cape and Cairo
The Johannesburg Stock Exchange, the largest and most liquid on the continent, has listed three African currencies on a new foreign exchange futures platform on Friday. The JSE said this would offer investors exposure to African economies in a relatively risk-free manner. Three African currencies to trade on SA exchange
Already worth R63-million, bilateral trade between South Africa and Cuba is set for a boost after the countries concluded amendments to a R350-million economic assistance package to Cuba. SA, Cuba sign agreement to boost trade
Improved market access for South African exports of wine, sugar, ethanol and some fruit products are among the benefits set to flow from the trade deal recently concluded between the European Union and seven southern African countries, says Trade and Industry Minister Rob Davies. South Africa to benefit from EU trade pact
South Africa and Malawi have agreed to facilitate greater private sector interaction in order to boost trade and investment, following a meeting of the Joint Commission for Cooperation between the two countries. South Africa, Malawi to beef up trade
South Africa and Botswana have signed a memorandum of understanding to promote trade and investment between the two countries.• National development plan unveiled South Africa, Botswana sign trade agreement
Bilateral trade between South Africa and its BRICS partners grew substantially in 2011, powered by significant increases in trade and exports, particularly with China and India, which grew by 32% and 25% respectively. Steady growth in SA, BRICS trade
South Africa’s trade conditions improved in May, with sales and new orders strongly up on last month as well as last year, and inventories increasing moderately, the SA Chamber of Commerce and Industry reports. Trade conditions improve
South Africa has officially launched a state-of-the-art, multi-billion rand cargo terminal, trade zone and agrizone – located between the two largest sea ports in the southern hemisphere – at the Dube Trade Port in La Mercy, KwaZulu-Natal. South Africa launches Dube Trade Port
