3 July 2020 – South Africa recorded its first current account surplus in 17 years in the first quarter of 2020 as the trade balance more than doubled, central bank data showed on Thursday. The current account swung to a surplus of 1.3% of gross domestic product, or 69.7 billion rand ($4.12 billion), in January-March […]
South Africa Records First Current Account Surplus In 17 Years Read More »
2 July 2020 – The cost of trade is mainly associated with tariffs and non-tariff costs. Although there are many reasons why these costs are high, minimising trade costs is to the benefit of importers, exporters and consumers due to the reduction in transaction costs which leads to lower prices. While concerted efforts through bilateral,
Trade Facilitation Challenges in Southern Africa Read More »
1 July 2020 – The South African GDP shrank an annualised 2% on quarter in the three months to March of 2020, following a 1.4% contraction in the previous period and compared with market expectations of a 3.8% decline. It was the steepest contraction since the first quarter of 2019, amid the initial effects of
South Africa GDP SHRINKS 2% IN Q1 2020 Read More »
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