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Trade

City Deep terminal to be included in the 20-year operational lease.
Transnet extends deadline for container corridor lease responses to end May
4th April 2023 By: Terence Creamer

Transnet Freight Rail (TFR) has extended, to the end of May, the deadline for responses to a request for qualification (RFQ) regarding the proposed 20-year operating lease that the State-owned rail... 


Tongaat’s post-commencement finance facility extended to June 30
3rd April 2023 By: Darren Parker

Sugar company Tongaat Hulett’s business rescue practitioners have received confirmation that the current post-commencement finance (PCF) facility has been extended to June 30.   This facilitates... 


A rail line into the Maputo harbour
TFR expects borderless train service to Maputo to raise commodity export volumes
3rd April 2023 By: Terence Creamer

South Africa’s Transnet Freight Rail (TFR) is preparing to materially increase the number of weekly trains operating on that component of its North East Corridor that transports export commodities... 


Trade, Industry and Competition Minister Ebrahim Patel
South Africa to use Brics chair in 2023 to advance Africa's trade, development
30th March 2023 By: Schalk Burger

South Africa will use its position as the chair of the Brazil, Russia, India, China and South Africa (Brics) multilateral bloc to advance the interests of African States, under the theme of 'Brics... 


Belgium's King Philippe and Queen Mathilde arrive at the Beka Schreder factory in Olifantsfontein, Gauteng.
State visit by Belgian royals boosts bilateral relations
30th March 2023 By: Simone Liedtke

As part of their recent State visit, Belgium’s King Philippe and Queen Mathilde, along with their delegation and South African State dignitaries, visited lighting manufacturer Beka Schréder’s head... 


Container ship
Report highlights costs of South Africa’s ‘opaque and lethargic’ tariff investigations
29th March 2023 By: Terence Creamer

A new report into ongoing tariff investigations in South Africa indicates that it is taking an average of 22 months to finalise decisions on whether to either increase or remove an import duty,... 


Letters spelling out Brics
O’Neill urges Brics bloc to expand, challenge dollar’s dominance
29th March 2023 By: Bloomberg

Jim O’Neill, the former Goldman Sachs Group chief economist who coined the acronym Bric, said the bloc of nations that later adopted the name should expand and work to counter the dollar’s... 


President Cyril Ramaphosa
Ramaphosa highlights importance of new rail Infrastructure Manager in paving way for private operators
28th March 2023 By: Terence Creamer

President Cyril Ramaphosa has described the establishment of a separate Infrastructure Manager (IM) within Transnet Freight Rail (TFR) as a crucial step towards creating a level playing field for... 


Belgium diamantaire establishes presence in OR Tambo SEZ
23rd March 2023 By: Donna Slater

Belgium-based diamond jeweller Pluczenik has chosen to establish a local division – Pluczenik South Africa – at the OR Tambo Special Economic Zone (SEZ), in Ekurhuleni, Gauteng. To commemorate... 


Global trade down despite hitting record $32tr, green goods up – Unctad
23rd March 2023 By: Donna Slater

Despite reaching a record $32-trillion in 2022, global trade growth turned negative in the second half of 2022 amid deteriorating economic conditions and rising uncertainties, reports the United... 


Global crisis forcing Africa to ‘grow up’, develop localised solutions – panel
20th March 2023 By: Donna Slater

Despite the Covid-19 pandemic creating a “perfect storm” for African countries with rising interest rates and an increase in the risk of sovereign default, the continent’s leadership generally has... 


Hyprop results show retail recovery after Covid-19
17th March 2023 By: Darren Parker

Strong trading metrics across real estate investment trust (Reit) Hyprop’s portfolio of retail properties in mixed-use precincts in key economic nodes for the six months to December 31, 2022, have... 


Aluminum food cans opened up to display their contents, which are baked beans beans, peas, mushrooms, corn, peppers and kidney beans
Expo advances export potential of food sector
17th March 2023

South African Fruit and Vegetables Canners Export Council (SAFVEC) GM Jill Atwood-Palm says the Gulfood Exhibition that took place in Dubai, in the United Arab Emirates (UAE), from February 20 to... 


A red carpet leading up to a newly revamped Tavern, The Spot 1818, in Soweto, as part of Heineken South Africa's Taverns of the Future initiative
Initiative sets out to improve tavern experience
17th March 2023 By: Halima Frost

Earlier this month, multinational brewing company Heineken South Africa spearheaded the launch of an initiative, Taverns of the Future, at The Spot 1818 in Phiri, Soweto.  The Spot 1818 is one of... 


A high pressure vacuum cycling still at the Doña Distillery used to infuse flavor into whisky to make an aperitif
Technology speeding up distillation process
17th March 2023 By: Halima Frost

Using vacuum cycling technology, local liquor manufacturer Doña Distillery has helped beverage producer and marketer Redford Beverages fast-track the development of its two new proudly South... 


transmission lines and pylons
Transmission infrastructure should also be privatised, investment firm argues
16th March 2023 By: Darren Parker

While electricity generation capacity in South Africa is increasingly being privatised and decentralised, the government has stated that transmission infrastructure must remain in the hands of the... 


NBI appoints new CEO
16th March 2023 By: Darren Parker

The National Business Initiative (NBI) has appointed Shameela Soobramoney CEO. She was previously chief sustainability officer and group strategist at the JSE. 


JSE entrance
JSE opens virtual trading floors for investment challenge
13th March 2023 By: Darren Parker

Virtual trading floors for the JSE’s flagship financial literacy programme – the JSE Investment Challenge – have officially opened as the competition marks a 50-year milestone.  Designed to... 


DTIC calls for public comments on block exemptions for energy suppliers, users
10th March 2023 By: Tasneem Bulbulia

Following the declaration of a National State of Disaster to address the energy crisis, Trade, Industry and Competition Minister Ebrahim Patel on March 8 published draft exemptions from certain... 


Women with red lipstick smiling, grey dress, hair up.
Third-party access crucial for sector
10th March 2023 By: Tracy Hancock

Rail industry representative African Rail Industry Association (ARIA) is driven by a mandate to facilitate public–private partnerships (PPPs) as a tool to revitalise the South African rail... 


Provisional duties on imported tyres from China expire, but Itac investigation continues
9th March 2023 By: Tasneem Bulbulia

The International Trade Administration Commission of South Africa (Itac) has provided an update on an investigation it is leading into the alleged dumping of new pneumatic rubber tyres used in... 


hydrogen plant tanker
South Africa must make green hydrogen investment decision in next 12 months
8th March 2023 By: Darren Parker

For South Africa to take full advantage of the opportunities presented by the growing global demand for green hydrogen, management consulting firm McKinsey managing partner of South Africa Kannan... 


Egyptian Finance Minister Dr Mohamed Maait and AFC president and CEO Samaila Zubairu
Egypt joins AFC as first North African sovereign shareholder
7th March 2023 By: Darren Parker

Egypt has joined infrastructure investment institution the Africa Finance Corporation (AFC) as the first North African sovereign shareholder, serving to diversify the AFC’s expanding equity... 


Bidvest CEO Mpumi Madisa
Bidvest’s results would have been better if not for loadshedding – Madisa
6th March 2023 By: Darren Parker

While JSE-listed diversified services, trading and distribution group Bidvest delivered a robust set of results for the six months ended December 31, 2022, CEO Mpumi Madisa believes it would have... 


Outgoing IDC CEO TP Nchocho
Nchocho to step down as CEO of the IDC
3rd March 2023 By: Darren Parker

Industrial Development Corporation (IDC) CEO TP Nchocho has informed the board that he will be leaving when his fixed term-contract comes to an end on December 31. In light of this, it has been... 


South Africa must prioritise decarbonisation, as $1.5bn of exports to EU are at risk
2nd March 2023 By: Schalk Burger

South Africa should prioritise its decarbonisation strategy, as it has a carbon intensity much higher than most countries, and $1.5-billion of exports to the European Union (EU) are at risk in the... 


Oranges
CGA says time is running out for citrus impasse in EU to be resolved
2nd March 2023 By: Marleny Arnoldi

The Citrus Growers Association (CGA) has again written to Trade, Industry and Competition Minister Patel Ebrahim, requesting with urgency that he convene a World Trade Organisation (WTO) panel to... 


IEA executive director Fatih Birol
Renewables, clean energy technologies limit carbon emissions amid global energy crisis
2nd March 2023 By: Darren Parker

Global energy-related carbon dioxide (CO2) emissions increased by less than 1% in 2022, according to new analysis published by the International Energy Agency (IEA). The ‘CO2 Emissions in 2022’... 


image of Econometrix director and chief economist Dr Azar Jammine
Business resiliency the reason South Africa’s economy is persevering – Jammine
24th February 2023 By: Donna Slater

Despite South Africa’s economy being “not a great environment” currently, economic consultancy Econometrix director and chief economist Dr Azar Jammine said South African business has shown typical... 


Ngqura harbour master and AHMC VP Thulani Dubeko
African Harbour Masters Association conference set for March
24th February 2023 By: Darren Parker

The inaugural African Harbour Masters Association (AHMA) conference is set to take place on March 2 and 3, in Tangier, Morocco. South Africa’s Transnet National Ports Authority (TNPA) says its... 


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