June 2025

South African Shipping Bill Could Disrupt Fruit Exports

30 June 2025 – Agbiz highlights the contentious issue of the Merchant Shipping Bill (2023) in South Africa, specifically its cabotage restrictions. These proposed limitations could affect the logistical framework crucial for the export of perishables such as fruit. Annelize Crosby from the Agricultural Business Chamber (Agbiz) outlined potential disruptions to the cold chain during […]

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IMF Slashes SA’s Growth Forecast As US Tariffs Wreak Havoc In Global Trade

25 June 2025 – The International Monetary Fund (IMF) has slashed South Africa’s economic growth projections for 2025 by 0.5 percentage on the back of slowing activity in the country’s two largest trading partners amid rising US tariffs. The US government announced sweeping reciprocal import tariffs on 60 countries earlier this month, sparking retaliation and

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South Africa’s GDP Vulnerable Of Sliding Into Negative Territory After Barely Growing In The First Quarter

13 June 2025 – South Africa’s gross domestic product (GDP) increased by 0.1% in the first quarter, following an increase of 0.4% in the fourth quarter of 2024, with the economy not growing sufficiently and these figures can slide into negative territory at any time, said Statistics South Africa Statistician-General Risenga Maluleke on June 3. Compared with the first quarter of 2024,

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Surcharges Coming Through As Sea Freight Volatility Continues

12 June 2025 – Carriers are ready to impose two incremental peak season surcharges (PSS) on top of long-term fixed rates, Taiwan’s Diversified Merchandise Corporation (Dimerco) said in its latest analysis of the sector. This follows container lines in general delaying PSS implementations from mid-May. According to Dimerco, the rates are US$2 000 per forty-foot equivalent

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