14 February 2024 – The Citrus Growers Association of Southern Africa (CGA) welcomes the announcement that a leading international shipping line, Hapag-Lloyd, will be offering citrus export services from the ports in Durban and Gqeberha. The new service will be active by the end of May, in time for the bulk of the 2024 season’s […]
Citrus Exports Stand To Benefit From A New Shipping Option Read More »
13 February 2024 – Trade credit insurance company Allianz Trade says its latest quarterly Country Risk Atlas found that South Africa demonstrates external resilience to shocks, with abundant international reserves, a flexible exchange rate and limited external debt in foreign currency. South Africa’s strengths lie in its positive economic performance, despite challenges such as modest employment rates, loadshedding
South Africa Resilient Despite Global Shocks, Survey Shows Read More »
12 February 2024 – As the farmers’ protests continue in various regions of Europe, the primary question on the minds of South African agriculturalists is what implications, if any, these will have on local production and exports. According to various media reports, the protests mainly centre on the declining EU’s agricultural subsidies, the environmental policy to
Here Is Why The EU Farms’ Protests Have Relevance In South Africa Read More »
8 February 2024 – South African manufacturing production underwhelmed in December, but it is unlikely to have a meaningful bearing on fourth quarter economic growth after the previous month’s figure was revised higher. Output rose 0.7% from a year earlier, compared with an an upwardly revised 2.5% in November, Pretoria-based Statistics South Africa said Thursday
SA December Factory Output Slows, Signals Weak Demand Read More »
8 February 2024 – It is encouraging to see the colleagues at the Pretoria office of the United States Department of Agriculture (USDA) placing South Africa’s 2023/24 commercial maize production prospects at 15,2 million tonnes, well above the long-term average of 13,6 million tonnes (albeit down 7% y/y). The USDA colleagues are worried about the yield potential
Positive Maize Production Prospects For South Africa Read More »
7 February 2024 – The Ctrack Transport and Freight Index (Ctrack TFI) increased somewhat in December to end a volatile year for the logistics sector on a better note. At an index level of 121.1 in December, the Ctrack TFI is 8.4% above year-ago levels and 1.9% above the September level, signalling that the transport
The Logistics Sector Ended 2023 On A Better Note Read More »
6 February 2024 – The implementation of the preferential trading under the African Continental Free Trade Area (AfCFTA) has become a reality with South Africa sending its first shipment of products to other countries trading under the agreement. South Africa is the first among te Southern African Customs Union (SACU) member states, which consists of
South Africa Sends First Shipment Under Afcfta Agreement Read More »
5 February 2024 – The South African wine and brandy sector remains a fundamental pillar in the country’s economic framework, demonstrating significant impacts on Gross Domestic Product (GDP), employment, tourism, and overall economic resilience. The integral role of wine tourism has become increasingly essential for the industry’s sustained viability, says Rico Basson, CEO of South
SA Wine And Brandy Industry, An Economic Bedrock Of Resilience Read More »
31 January 2024 – South Africa recorded a preliminary trade balance surplus of R14.1 billion in December 2023. This surplus was attributable to exports of R164.0 billion and imports of R149.9 billion, inclusive of trade with Botswana, Eswatini, Lesotho and Namibia (BELN). The year-to-date (01 January to 31 December 2023) preliminary trade balance surplus of
South Africa records December trade surplus of R14.1bn Read More »
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