September 2023

13 September 2023 – South Africa’s agricultural exports amounted to $3.4 billion (R64bn) in the second quarter of this year, up by 0.1% year-on-year, according to data from Trade Map. While South Africa’s agricultural exports in the first half of the year had been encouraging, the export earnings would likely soften this year from last […]

11 September 2023 – A cargo vessel departed from a container terminal of Nansha Port in Guangzhou, Guangdong province, to Brazil on Monday, marking the first regular direct shipping route from the South China port to eastern South America. It was also the fifth international marine route newly designated from Guangzhou port to BRICS countries

8 September 2023 – A s they navigate through the latter half of 2023, freight forwarders are vigilantly eyeing three primary business challenges: the looming spectre of a possible recession, intricate geopolitical risks, and the escalation of operating costs. However, they are maintaining a buoyant outlook amid this complex landscape, anticipating an upswing in volumes

7 September 2023 – Dr Abongile Balarane, general manager of the Layer Organisation of SA Poultry, told Farmer’s Weekly that initial cases of the H5N1 strain of HPAI occurred among layers in the Western Cape in April. This strain is the same as the one currently affecting the majority of other countries in the world. In June,

6 September 2023 – The International Monetary Fund’s First Deputy Managing Director Gita Gopinath praised South Africa’s central bank for being proactive in raising interest rates, but said energy and logistics challenges were restricting growth. Gopinath said in an interview that the strategy followed by the South African Reserve Bank (SARB) was “appropriate”, pointing to

5 September 2023 – The latest research from policy research entity Trade and Industrial Policy Strategies (TIPS) reveals that, for the first time since the start of the Covid-19 pandemic, exports declined while imports continued to grow. The latest Imports Localisation and Supply Chain Disruption Study for the fourth quarter of 2022, shows that exports

4 September 2023 – South Africa saw a preliminary trade balance surplus of R16.0 billion in July 2023, data from the South African Revenue Service (SARS) shows. SARS said that this surplus was due to exports of R174.0 billion and imports of R158.0 billion, including trade with Botswana, Eswatini, Lesotho and Namibia (BELN). However, the