Despite this drop, trade figures remain encouraging, but various departments need to address policy and other issues to boost exports
The country can grow its commercial services offerings, particularly business, financial, intellectual property, telecommunication, computer and information services, and insurance and pension services
Delegates from 40 African countries are in Durban to strengthen the agreement to boost intra-African trade
Beneficiation growth, decent work, penalties for companies that violate labour laws and ensuring multinational companies pay taxes in Africa are among the issues unions will raise
America is South Africa’s third largest trading partner, with 7.7% of goods exported to the US and 8.2% imported from the US
Criminal charges have been filed against the municipal managers of a number of towns for polluting the Vaal and Orange rivers
The mining industry is riding a wave that will eventually crash, analysts warn
The 2020 lockdown meant tourism took a dive, but according to Libstar subsidiary Cape Herb & Spice, many people chose to ‘travel via their taste buds
The booming, lucrative and often illicit trade in sea cucumbers, seahorses and fish maws threatens species and coastal communities
The pandemic hit abalone farmers fast and hard. Prices have dropped and backers appear to be losing their appetite for investing in the delicacy
The AfCFTA is set to be implemented at the same time as the globe tackles post-Covid-19 recovery. Deeping continental integration can help to boost economies, particularly if stemming illicit financial flows is prioritised
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In small plots below the snowy peaks of Mount Toubkal, saffron cultivation in Taliouine has remained largely unchanged for centuries
Across Kenya’s ochre fields, farmers are switching coffee and tea for avocados in a bid to profit from increasing European demand
The deficit came after seven consecutive quarterly surpluses.
South Africa needs a robust economic policy agenda to make it more open, productive and inclusive
The emergence of a crop of new black players is changing the makeup of the industry that is among the world’s top 10 wine producers
There is a grim downside to the upturn, which reflects an economy performing well under par.
Buyers and sellers in the scrap industry are worried about proposed changes relating to exports.
A narrowing of the worrisome trade deficit will not be thanks to a the spiralling currency, say experts.
Neither merchants nor consumers have benefited from the new restrictions on scrap exports.
Demand for South African wines from Europe, whch experienced a poor harvest in 2013, saw exports rise by 26%.
The vast majority of South Africa’s exports are transported by ship, but not a single merchant vessel is local. This renders our economy vulnerable.
The international relations department and the European Union have begun talks after plans were put in place to halt SA citrus from entering Europe.
Africa does not have the same coffee export volumes to follow what Latin America did in the 1970s, but the ingredients for success are the same.
New research indicates that local companies linked to the mining industry are doing well in Africa.
It is not an easy game but if an alternative to culling is found, South Africa’s ostrich industry could take flight.
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/ 2 February 2012
Overseas demand for South African agricultural products grew 30% between 2008 and 2010, while agricultural imports dropped by nearly one percent.
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/ 30 November 2011
Europe’s debt crisis has led banks there to refuse to lend money to firms trading with Africa, threatening growth on the continent.
Japan’s exports fell for the fifth month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami.
Transnet National Port Authority has been rapped on the knuckles for being expensive and inefficient.
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/ 16 November 2010
A group of Brazilian businesses on a visit to Mozambique have pledged to invest up to $500-million in the country.