31 August 2025 – Global airfreight rates have remained broadly stable but significant differences persist between key trade routes, The Air Cargo (TAC) Index shows in its latest findings. Despite the reported stability, the price reporting agency’s (PRA) Baltic Air Freight Index, recorded a 1.9% decline year-on-year, with a marginal 0.4% drop on the week. […]
Index Shows Peaks And Troughs In Airfreight Rates Read More »
29 July 2025 – For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index decreased 3% to $2,517 per 40ft container week ending 25 July. Drewry’s World Container Index (WCI) fell 3.3% this week, marking its sixth consecutive weekly decline. This ongoing downturn follows an
Freight Rates Continue to Fall – World Container Index Read More »
28 July 2025 – Although the economy doesn’t look very bright at the moment, with forecasts having recently been trimmed on the back of US President Donald Trump’s pending 30% in tariffs, all may not be doom and gloom. The South African Reserve Bank’s (SARB’s) Composite Business Cycle Indicators may show that the next six
South Africa’s Economic Growth Outlook: What To Expect In The Coming Months Read More »
24 July 2025 – South Africa is facing 100,000 job losses if US President Donald Trump goes through with his tariff plan, scheduled to kick in from August 1, 2025. The tariff plan will impose a 40 percent duty on exports to the US. The country’s most lucrative export sectors, agriculture and car production, will
South Africa Braces for 100K Job Cuts as Trump’s Tariffs Hit Key Industries Read More »
22 July 2025 – The first half of the year (H1) has been marked by a complex interplay of geopolitical events influencing global shipping, including tariff measures implemented by US President Donald Trump, says Maritime Strategies International (MSI). This has become apparent through the United States’ trade protectionism, the escalation of hostilities between Iran and
First Half Of 2025 Casts Gloom On H2 Global Shipping Read More »
18 July 2025 – The announcement of a 30% US tariff on South African exports, effective 1 August 2025, has sent shockwaves through the local wine industry. Valued at over R650m annually, the US wine export market, while not the largest by volume, holds significant strategic value in South Africa’s diversified export portfolio. This escalation
SA Wine At A Crossroads: Turning US Tariffs Into Global Brand Opportunity Read More »
17 July 2025 – The South African Revenue Service’s (SARS’s) 2024 data showed that South Africa has a trade surplus of R37 billion with the United States and a trade deficit of R253 billion with BRICS countries. This data became particularly relevant after United States President Donald Trump announced a 30% tariff on South African
15 July 2025 – As shippers unpack the possible impact of Trump’s new tariff strategy, which he took no time to announce following his inauguration last week,the multimillion-dollar question is the extent to which these will affect sourcing strategies, says Xeneta chief analyst Peter Sand. During Trump’s first term in office, when tariffs on US
US Trade Protectionism Could Upend Supply Chains Read More »
14 July 2025 – US President Donald Trump has criticised what he called an unbalanced and “far from reciprocal” trade relationship with South Africa. He said that the 30% tariff, which applies to all South African goods entering the US, in addition to sectoral tariffs, is “far less than what is needed” to address the
SA Agriculture Sector Grapples With US Tariff Blow Read More »
10 July 2025 – For the first quarter of 2025, South Africa’s agricultural exports reached US$3,36 billion, which translates to a 10% increase year-on-year, says Minister of Agriculture John Steenhuisen. This is due to the work that government has been doing in expanding market access and defending trade over the past year. “We facilitated new
South Africa’s Agricultural Exports Reach US$3,36 Billion Read More »
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