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Trade

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... 


BLSA CEO Busisiwe Mavuso
South Africa needs to leverage global goodwill at COP28
27th November 2023 By: Darren Parker

The upcoming 2023 United Nations (UN) Climate Change Conference, or Conference of the Parties to the UN Framework Convention on Climate Change, more commonly referred to as COP28, will be an... 


The EU flag
Opinion: R47bn of South Africa's exports exposed to EU CBAM as EU climate wave reaches South Africa’s shores
24th November 2023

In this opinion article, sustainability consultant Rhys Newton-Hill and Brundtland Consulting partner Henk Sa provide an in-depth analysis of the potential impact of the European Union's (EU's)... 


An image showing leaders at the G20 Compact with Africa
German govt pledges €4bn to Africa’s green energy transition
23rd November 2023 By: Tasneem Bulbulia

The government of Germany has pledged to invest €4-billion up to 2030 to advance Africa’s green energy transition. German Chancellor Olaf Scholz made the announcement at a press conference in... 


Oranges packed in a box
Citrus exports lower than forecast as headwinds persist
22nd November 2023 By: Creamer Media Reporter

Southern African citrus growers packed 165.1-million cartons for delivery to global markets during the 2023 export season – an increase of about 800 000 cartons year-on-year but 500 000 cartons... 


South African Association of Freight Forwarders CEO Juanita Maree
SAAFF warns of rising port-congestion costs
22nd November 2023 By: Terence Creamer

The South African Association of Freight Forwarders (SAAFF) estimates that the current congestion at South Africa’s ports is costing at least R124-million a day in direct and indirect costs. With... 


A person holding a stack of banknotes
More than 40% of African financial institutions want single African currency – survey
22nd November 2023 By: Darren Parker

News publication African Business and the Pan-African Private Sector Trade and Investment Committee (Paftrac) have jointly launched the third yearly Paftrac Africa CEO Trade Survey, which showed... 


Seifsa president Elias Monage
Seifsa urges dtic not to extend scrap metal ban
21st November 2023 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) says it has noted with concern submissions by other entities to the Department of Trade, Industry and Competition (dtic)... 


The Durban Container Terminal
No ‘overnight’ solution to vessel congestion at Durban container terminal
20th November 2023 By: Terence Creamer

The prevailing backlog of ships at anchorage outside the country’s largest container terminal is currently forecast to be cleared only by the end of February amid persistent equipment shortages and... 


An image of BLSA CEO Busi Mavuso
BLSA CEO calls for more companies to leverage Agoa opportunities
20th November 2023 By: Tasneem Bulbulia

Many more South African companies could benefit from the African Growth and Opportunity Act (Agoa), which gives eligible countries access to US markets free of tariff barriers, business... 


An image of members of the SAB and GIBS team
Partnership drives knowledge, innovation
17th November 2023

A learning and development partnership has been established by the South African Breweries (SAB) and the University of Pretoria’s Gordon Institute of Business Science (GIBS) to equip employees with... 


Short-term outlook for trade conditions remains negative, Sacci reports
15th November 2023 By: Marleny Arnoldi

The South African Chamber of Commerce and Industry (Sacci) finds in its latest Trade Conditions Survey that the sector is facing increased pressure both in terms of current trade conditions, as... 


South Africa denies changes to farm-export rules based on race
13th November 2023 By: Bloomberg

South Africa’s government rejected reports that new regulations have been introduced to restrict farm-export quotas based on race. The Johannesburg-based City Press and Rapport newspapers reported... 


BLSA CEO Busi Mavuso
Visa backlogs causing critical skills deficit, undermining economy
13th November 2023 By: Darren Parker

A lack of critical skills is holding back the South African economy, Business Leadership South Africa (BLSA) CEO Busi Mavuso has said, adding that the country is not solving the problem as fast as... 


Magazine cover image
Brics expansion holds threats and opportunities for SA business
10th November 2023 By: Nadine James

The expansion of the Brazil, Russia, India, China and South Africa (Brics) bloc, announced during the fifteenth yearly Brics Summit in August, has raised questions about South Africa’s role in the... 


An image of BLSA CEO Busi Mavuso
BLSA outlines positives of two trade conferences
6th November 2023 By: Tasneem Bulbulia

Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has highlighted the past week as “important for South Africa’s trade and investment prospects”, with the African Growth... 


 President Cyril Ramaphosa
Ramaphosa seeks lengthy and inclusive Agoa extension to stimulate investment, regional value chains
3rd November 2023 By: Terence Creamer

South Africa’s President Cyril Ramaphosa has called on the US Congress to approve an early and “sufficiently lengthy” extension of the Africa Growth and Opportunity Act (Agoa) to provide investors... 


US Trade Representative Katherine Tai
US committed to ‘seamless’ Africa trade pact renewal, Tai says
3rd November 2023 By: Bloomberg

The US aims to ensure that its preferential trade pact with Africa is replaced without interruption when it expires in two-year’s time, while bringing it up to date. “We want to make sure that as... 


An Etihad cargo plane flying over Central Park in New York city
Carrier appoints cargo handler in US
3rd November 2023

The cargo and logistics arm of United Arab Emirates’ (UAE’s) airline Etihad Airways, Etihad Cargo, has appointed global carrier provider Worldwide Flight Services (WFS), a member of the SATS Group,... 


Warehouse shelves with boxes on them
Company opens high-tech warehouse in Cameroon
3rd November 2023

Integrated logistics company A.P Moller–Maersk, commonly referred to as Maersk, opened the doors to a brand-new and technology-driven warehousing and distribution (W&D) facility in Douala, Cameroon... 


An image of Gap Infrastructure Corporation CEO Roelof van den Berg
PPPs can boost rural development
3rd November 2023

In rural areas, infrastructure development should entail more than merely meeting basic communication, energy, sanitation, transport, and water infrastructure needs. Gap Infrastructure Corporation... 


An image of one of the Hinen H6000E inverter
Company brings battery products to Africa
3rd November 2023 By: Trent Roebeck

Following three successful exhibitions in Kenya, Nigeria and South Africa, energy storage battery products producer Hinen has introduced its products to the African continent in 2023. The Hinen... 


a photo of the outside of Seabourne's new facility
New warehouse to bolster logistics provider’s position in sector
3rd November 2023

Independent logistics service provider Seabourne Logistics announced in September that it would be moving into a new, “expansive” facility in Gauteng, South Africa. The new 22 000 m2 premises... 


Containers at port
Africa-US trade programme needs at least 10-year extension, AU says
2nd November 2023 By: Reuters

Africa wants the US Congress to renew its flagship trade programme for the continent for at least 10 years, the African Union's top trade official said on Thursday, adding that any modifications to... 


Standard Bank lauds potential of Agoa, AfCFTA
2nd November 2023 By: Tasneem Bulbulia

The African Growth and Opportunity Act (Agoa) is a pivotal agreement between the US and Africa to support and help grow African industries and markets, posits financial institution Standard Bank.... 


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Sector News

Showroom

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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Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

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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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