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AVI earnings slip as consumer spending remains constrained

AVI earnings slip as consumer spending remains constrained

09/09/2019 - 09:33
Consumer goods group AVI, whose brands include footwear retailer Spitz and Five Roses tea, trimmed its final dividend 4% in the year to end-June as it continued to feel the pinch from a constrained consumer environment. read more
Shoprite earnings take knock on non-SA operations

Shoprite earnings take knock on non-SA operations

20/08/2019 - 10:39
Shoprite’s shares fell to their worst level in more than three years after Africa’s largest food retailer reported a 20% drop in earnings and said it saw no immediate prospects of its troublesome non-SA operations returning to profitability. read more
Truworths profit at nine-year low as profit plunges over 70%

Truworths profit at nine-year low as profit plunges over 70%

16/08/2019 - 11:52
Shares in Truworths slumped to a nine-year low on Friday morning after the fashion retailer reported a 74% slide in profits amid difficult trading environments in SA and the UK. read more
SA records its second consecutive trade surplus in June

SA records its second consecutive trade surplus in June

01/08/2019 - 09:50
SA recorded a trade surplus of R4.42bn in June as growth in exports exceeded growth in imports. read more
Shoprite’s shares leap 15% on Tuesday despite lower earnings

Shoprite’s shares leap 15% on Tuesday despite lower earnings

30/07/2019 - 09:56
Grocery retailer Shoprite, whose chains include Checkers and OK Furniture, says earnings declined by up to a fifth in the year to June because of trading losses in the rest of Africa and higher costs in SA.  read more
Ethiopa coffee, oilseeds export revenues hit $1.2bn

Ethiopa coffee, oilseeds export revenues hit $1.2bn

30/07/2019 - 09:07
The Ethiopian government said the country made more than $1.2 billion in revenue from the exports of coffee and oilseeds during the just-concluded Ethiopian fiscal year that ended on July 7.  read more
SA trade conditions remain under pressure - index

SA trade conditions remain under pressure - index

10/07/2019 - 16:11
Trade conditions in South Africa remained under pressure in June 2019, according to the South African Chamber of Commerce and Industry (Sacci). read more
Global share gains wane on concern about world economy

Global share gains wane on concern about world economy

03/07/2019 - 09:02
Stocks eked out meagre gains amid worries the global economy was faltering after data showed manufacturing activity slowed last month, weakening appetite for risk. read more
Slow growth expected to knock SA's exports

Slow growth expected to knock SA's exports

01/07/2019 - 08:15
SA’s trade balance will remain volatile in 2019 as the global growth slowdown takes a toll on the country’s exports. read more
Walmart worries that US tariffs will raise Mexican fresh produce prices

Walmart worries that US tariffs will raise Mexican fresh produce prices

10/06/2019 - 14:40
Walmart CEO Doug McMillon says the retailer is concerned that fresh produce prices would rise if tariffs are placed on imports from Mexico.  read more
SA import growth to be restrained by weak domestic activity

SA import growth to be restrained by weak domestic activity

07/06/2019 - 08:45
South Africa’s current account deficit deteriorated by R32.3 billion to R142.5bn in the first quarter of 2019 compared with a deficit of R110.2bn in the fourth quarter of 2018.  read more
Trade war’s likely toll on SA

Trade war’s likely toll on SA

06/06/2019 - 11:28
Escalating trade tensions represent the main factor weighing on global growth. But rising global debt, China’s slowdown, and financial market risk threaten to weaken growth further by undermining investment and confidence. read more
SA recorded surprise trade deficit in April

SA recorded surprise trade deficit in April

03/06/2019 - 11:03
SA recorded a surprise trade deficit of R3.43bn in April, despite expectations of a slight surplus. read more
Mr Price Group's shares rally on annual results

Mr Price Group's shares rally on annual results

31/05/2019 - 10:16
Mr Price Group’s shares opened sharply higher after the company raised its annual dividend thanks to better earnings. read more
Massmart appoints new CEO, but shares fall on warning earnings will halve

Massmart appoints new CEO, but shares fall on warning earnings will halve

24/05/2019 - 08:39
Shares in Massmart, which owns the Game and Makro chains, fell 12.5% to R68.24 in early trade on Thursday after the retailer said earnings in the six months to June could more than halve.  read more
Nike and Adidas join 173 US shoe retailers in call to avoid ‘catastrophic’ tariffs

Nike and Adidas join 173 US shoe retailers in call to avoid ‘catastrophic’ tariffs

21/05/2019 - 12:23
Nike, Adidas, and other footwear giants urged President Donald Trump to reconsider his tariffs on shoes made in China, saying the policy would be “catastrophic for our consumers, our companies and the American economy as a whole”. read more
Contraction in economy looms in the first quarter

Contraction in economy looms in the first quarter

17/05/2019 - 09:16
Weak performances in the retail, mining and manufacturing sectors, which bore the brunt of the most severe power cuts the country has experienced yet, indicates that the economy contracted in the first quarter of the year. read more
SA's trade surplus widens in March

SA's trade surplus widens in March

06/05/2019 - 11:18
SA recorded a trade surplus of R5bn in March, as growth in exports exceeded growth in imports for the second month in a row. read more
Exports to Brazil take off over South American trade deal

Exports to Brazil take off over South American trade deal

10/04/2019 - 11:03
The ratification of trade agreements between the Southern African Customs Union (Sacu) and the Southern Common Market (Mercosur), a South American trade bloc, has been a key driver of the increase in exports to Brazil.  read more
 Libstar banks on new food products

Libstar banks on new food products

14/03/2019 - 10:15
Consumer goods manufacturer and distributor Libstar, whose brands include Lancewood cheese and Denny Mushrooms, says it adjusted to the slowdown in consumer spending by launching hundreds of new food products.  read more
Shares in Denny owner Libstar jump on maiden dividend

Shares in Denny owner Libstar jump on maiden dividend

13/03/2019 - 13:49
Libstar, the consumer goods group that listed on the JSE in May 2018, announced a maiden cash dividend of 22c a share on Wednesday as profits after tax in 2018 edged 1% higher to R236m. read more
Better than expected current-account deficit surprises analysts

Better than expected current-account deficit surprises analysts

13/03/2019 - 09:04
SA’s current-account deficit narrowed more than expected on a wider trade surplus in the fourth quarter. read more
Global economic slowdown and trade war hit risk appetite

Global economic slowdown and trade war hit risk appetite

12/03/2019 - 11:18
More and more evidence that the global economy is turning for the worst and the more aggressive stance of the US on trade tariffs against China had led to a sudden turn-around in risk appetite across the globe. read more
Bans on some SA meat products relaxed after foot and mouth outbreak in Limpopo

Bans on some SA meat products relaxed after foot and mouth outbreak in Limpopo

04/02/2019 - 15:10
Restrictions on the export of South African processed meat products have been relaxed by some trade partners who halted imports following the outbreak of foot and mouth disease in Limpopo, the department of Agriculture, Forestry and Fisheries said. read more
Record Christmas for Aldi as it steals customers from rivals

Record Christmas for Aldi as it steals customers from rivals

07/01/2019 - 14:43
New stores and demand for its premium ranges helped Aldi generate UK sales of almost £1bn in December, its best ever result for the Christmas trading period.  read more
SA records trade surplus in November

SA records trade surplus in November

07/01/2019 - 08:43
SA recorded a trade surplus of R3.49bn in November, statistics released by Sars reveal. However, for the 11 months to end-November, there was a trade deficit amounting to R4.16bn, a deterioration on the surplus for the comparable period in 2017, of R62.3bn.  read more
Retail sector notches up better than expected growth for October

Retail sector notches up better than expected growth for October

13/12/2018 - 08:11
The retail sector experienced bigger than expected growth at the start of the fourth quarter. read more
Rising imports push trade balance deficit to biggest in 10 months

Rising imports push trade balance deficit to biggest in 10 months

04/12/2018 - 08:07
As SA records its biggest trade deficit in 10 months, economists warn that trade tensions could keep the trade account in the negative for the next few months. read more
Growing import demand contributes to expanding logistics and warehousing sector

Growing import demand contributes to expanding logistics and warehousing sector

16/11/2018 - 11:05
The inflow of imports, most consumer goods, is contributing to increasing demand for storage, logistics and warehousing services in South Africa, and a clear correlation is visible in the trend of wholesale and retail trade sales in comparison to imports. read more
Western Cape agribusiness sector set for growth which will in turn boost tourism

Western Cape agribusiness sector set for growth which will in turn boost tourism

07/11/2018 - 08:46
The Western Cape’s agribusiness sector looks set for growth in the coming years with the province’s trade and investment promotion agency announcing that it has landed committed investments in the sector amounting to R756m.  read more
SA recorded a surprise trade deficit in September

SA recorded a surprise trade deficit in September

06/11/2018 - 10:22
SA recorded a shock trade deficit of R2.95bn in September — a far cry from analysts expectations of a surplus. read more
Bleak manufacturing outlook as PMI keeps falling

Bleak manufacturing outlook as PMI keeps falling

02/10/2018 - 10:23
The poor PMI for September indicates that production in the manufacturing sector will be subdued. read more
Surprise trade surplus lifts SA’s outlook

Surprise trade surplus lifts SA’s outlook

01/10/2018 - 08:37
A surprise trade surplus in August bodes well for SA’s current account. read more
Woolworths faces possible further S&P downgrade

Woolworths faces possible further S&P downgrade

26/09/2018 - 08:11
S&P Global Ratings said it could downgrade southern hemisphere retailer Woolworths again if its position in the non-food markets in SA and Australia weakens further. read more
SA records shock trade deficit for July

SA records shock trade deficit for July

31/08/2018 - 14:28
SA recorded a shock trade deficit of R4.66bn in July, falling well short of analysts’ expectations. read more
SA retailers get to grips with Namibia charter

SA retailers get to grips with Namibia charter

21/08/2018 - 08:19
SA retailers supplying products to Namibia have to abide by that country’s retail charter, which aims to control access to the local market to allow for the development of local suppliers.  read more
Wholesale trade sales shrank in real terms in June compared to 2017

Wholesale trade sales shrank in real terms in June compared to 2017

17/08/2018 - 09:56
Wholesale trade sales shrank in real, inflation-adjusted terms in June compared with a year earlier and eked out a 0.1% gain for the quarter. read more
Manufacturing sector concerned about its future

Manufacturing sector concerned about its future

03/08/2018 - 14:20
For the first time in 11 months, the subindex tracking expected business conditions in six months’ time dropped to below 50. read more
Trade surplus in June surprises at more than double the forecasts

Trade surplus in June surprises at more than double the forecasts

03/08/2018 - 09:19
SA recorded a substantial surplus of R12bn in June, beating market expectations. This follows May’s surplus of R3.5bn, which was revised upwards by R0.33bn. read more
Amazon's youthful units drive profit to double analysts' estimates

Amazon's youthful units drive profit to double analysts' estimates

27/07/2018 - 12:43
Amazon.com forecast strong northern hemisphere autumn sales and posted a profit that was double Wall Street targets thanks to the retailer’s younger, higher-earning businesses, including cloud computing and advertising. read more
Wholesaler sales lift in May after two months of contraction

Wholesaler sales lift in May after two months of contraction

23/07/2018 - 13:49
Wholesalers sold R168.5bn worth of goods in May, double the R84.7bn sold by retailers, Statistics SA says. read more
Unlocking export markets for SA’s vegetable industry

Unlocking export markets for SA’s vegetable industry

12/07/2018 - 07:59
Global opportunities are opening up for South African vegetable producers and exporters with the emergence of new markets in some Asian and African countries. This is due to an increase in middle-income earners, says Ezra Steenkamp, deputy director of international trade research at the Department of Agriculture, Forestry and Fisheries. read more
Trade wars turn up the heat on local consumers

Trade wars turn up the heat on local consumers

11/07/2018 - 09:24
South African consumers face more pain from potential global trade wars and fuel increases, global payments company Mastercard said in a statement. read more
Global almond consumption on the rise

Global almond consumption on the rise

04/07/2018 - 13:09
According to the report "World: Almonds - Market Report. Analysis And Forecast To 2025", recently published by IndexBox, from 2007 to 2016, the value of the global almond market showed a stable dynamic trend.  read more
Key insights into the global apple market

Key insights into the global apple market

27/06/2018 - 10:23
According to the report "World: Apple - Market Report. Analysis And Forecast To 2025", recently published by IndexBox, the apple market grew to 89.3M tonnes in 2016, which was by 2.5M tonnes (or 3%) more than the year before. read more
Wholesale trade drops as fuel levies and VAT increase take effect

Wholesale trade drops as fuel levies and VAT increase take effect

15/06/2018 - 10:22
April’s wholesale trade declined 2.6% from the same month in 2017, Statistics SA reported. read more
Mr Price cuts final dividend despite double-digit profit growth

Mr Price cuts final dividend despite double-digit profit growth

08/06/2018 - 09:32
After generously raising its interim dividend by 22%, Mr Price cut its final dividend by 6%. read more
Trade wars: winners and losers -  Where does South Africa fit in?

Trade wars: winners and losers - Where does South Africa fit in?

30/05/2018 - 11:19
Amid an increasingly unstable geopolitical landscape, the looming possibility of a global trade war carries the risk of severe negative macroeconomic consequences, in that both the US and Chinese economies could begin to decelerate, triggering a worldwide recession. On the flip side of this, however, the rise in trade tensions brings about a sense of investment opportunity with regard to the global food and agricultural value chain. read more
Ballito Junction Mall sets first year trading records

Ballito Junction Mall sets first year trading records

28/05/2018 - 13:52
Twelve million people spent nearly R2 billion at Ballito Junction Regional Mall during its first year. This iconic young shopping centre is already outperforming in its industry, market segment, and region, and has become a firm favourite in its immediate market and beyond. read more
SA retail industry generates R1 trillion in sales

SA retail industry generates R1 trillion in sales

15/05/2018 - 10:43
Following the recent release of its latest retail trade sales publication, Statistics South Africa has compiled a new fact sheet focusing on the biggest aspects of the retail industry. read more
Retail trade sales may reflect positive story

Retail trade sales may reflect positive story

14/05/2018 - 08:40
The quarterly labour force survey revealing employment trends will be the main economic data this week.  read more
Cross-border e-commerce: Barriers and solutions

Cross-border e-commerce: Barriers and solutions

10/04/2018 - 10:29
It’s about the lifestyle you are selling, not your product.  read more
SA trade balance swings back into surplus of R430m in February

SA trade balance swings back into surplus of R430m in February

03/04/2018 - 18:41
SA’s trade account recorded a surplus of R430m in February, while January’s deficit was revised downwards by R540m, to R27.12bn, data released by the South African Revenue Service (SARS) showed. read more
Consumers continue their festive-season spend trend in January

Consumers continue their festive-season spend trend in January

16/03/2018 - 13:55
For the first time in five years, consumer spending in January grew at the same pace as during the festive season, signifying economic recovery. read more
Half of SA cigarette sales are illegal, says BAT

Half of SA cigarette sales are illegal, says BAT

06/02/2018 - 08:50
The tobacco industry continues to face rising number of challenges in SA including rising levels of trafficking and an increasingly uncertain regulatory environment. read more
'3 for 2' helps Clicks grow festive season sales

'3 for 2' helps Clicks grow festive season sales

22/01/2018 - 10:33
Health and beauty retailer Clicks said in a trading update on Monday it has continued on a strong growth trend in the 20 weeks to mid-January 2018.  read more
Black Friday boosted retail November retail sales by 8.2%- surprising economists

Black Friday boosted retail November retail sales by 8.2%- surprising economists

17/01/2018 - 15:00
Black Friday boosted November 2017’s retail sales to 8.2% — double the annual growth expected by economists. read more
SA records far bigger trade surplus than expected in November

SA records far bigger trade surplus than expected in November

03/01/2018 - 11:40
SA recorded a trade surplus of R13.02bn in November, much higher than the consensus of R1.3bn, and a Trading Economics forecast of R4.65bn. read more
SARS cracks down on counterfeit clothing

SARS cracks down on counterfeit clothing

19/12/2017 - 16:06
More than R97-million worth of fake clothing was seized by the South African Revenue Service (SARS) in its crackdown against illegal clothing and textile imports this year. read more
SA records surprise R4.56bn trade surplus in October

SA records surprise R4.56bn trade surplus in October

01/12/2017 - 09:52
Contrary to expectations, SA recorded another monthly trade account surplus in October. read more
Rise in retail sales points to pick-up in third-quarter economic growth

Rise in retail sales points to pick-up in third-quarter economic growth

18/10/2017 - 15:13
The retail sector did better than expected in August, signalling stronger economic growth in the third quarter. Retail trade sales rose by a significant 5.5% year on year in August 2017. read more
Increase expected in consumer inflation

Increase expected in consumer inflation

16/10/2017 - 10:18
The focus this week will be on the September consumer inflation figure and retail trade sales for August. Statistics SA will release both indicators on Wednesday. read more
SA’s trade balance comes in better than expected

SA’s trade balance comes in better than expected

29/09/2017 - 15:12
SA recorded a trade surplus of R5.94bn for August, almost three times one of the consensus expectations. read more
H&M profits drop & sales slow down

H&M profits drop & sales slow down

29/09/2017 - 13:41
H&M has recorded a 20 percent fall in its third quarter profit despite a rise in sales, as summer discounts hurt margins. read more
World Bank warns SA's lack of innovation holds back growth

World Bank warns SA's lack of innovation holds back growth

20/09/2017 - 09:58
The World Bank has cut its forecast for SA’s economic growth, saying that the country’s low levels of innovation and declining productivity are factors holding back growth. read more
Some positives in tough year for Clover

Some positives in tough year for Clover

13/09/2017 - 13:19
Clover Industries was savaged on all fronts in the year to June. Prolonged drought was followed by a wetter, cooler summer, which affected beverage sales. At the same time, rand volatility was compounded by SA’s ugly political environment. read more
Prolonged drought and volatile rand squeeze Clover

Prolonged drought and volatile rand squeeze Clover

12/09/2017 - 17:18
Dairy and foods group Clover reported a dismal set of results, as expected after last week’s trading update, with sharp drops in profit at almost all levels. read more
AVI’s full-year HEPS rise in line with guidance

AVI’s full-year HEPS rise in line with guidance

11/09/2017 - 11:17
Food producer AVI has reported a 9.4% rise in full-year headline earnings per share (HEPS) to R5.08, which was in line with its recent guidance. read more
Mr Price wins in battle against slowdown

Mr Price wins in battle against slowdown

04/09/2017 - 08:18
Retailer Mr Price’s short-term strategic response to tough, low-growth market conditions picked up momentum in the half-year to August, a trading update showed on Friday. read more
Wholesale trade sales pick up in second quarter

Wholesale trade sales pick up in second quarter

18/08/2017 - 09:57
Wholesale trade sales increased by 1.1% in the second quarter of 2017 compared with the same period a year ago, Statistics SA data showed on Thursday. read more
Positive retail trade sales may offer some relief

Positive retail trade sales may offer some relief

14/08/2017 - 08:41
A jobs bloodbath looms over the retail sector, but economic data expected this week may show that retail trade sales continued with a trend of positive growth in June. read more
June trade surplus exceeds projections but May figure revised down by over R2bn

June trade surplus exceeds projections but May figure revised down by over R2bn

01/08/2017 - 09:25
SA recorded a better-than-expected trade surplus of R10.67bn in June, from a revised R7.22bn (R9.5bn) surplus in May. read more
AVI grows full-year revenue after lifting prices

AVI grows full-year revenue after lifting prices

25/07/2017 - 12:17
Food producer AVI grew its revenue 8.2% in the year to June, after increasing selling prices to mitigate against the effect of a weaker rand, which inflated input costs. read more
Retail sales provide a positive surprise

Retail sales provide a positive surprise

21/07/2017 - 12:03
SA’s retail sector not only confounded economists who had expected a contraction in May, but growth accelerated from April, despite the economy being in recession. read more
Trade and business services lost the most jobs in the first quarter

Trade and business services lost the most jobs in the first quarter

27/06/2017 - 14:43
Employment levels fell in the first quarter of 2017, though mining and construction both showed increased. read more
Clothing retailers at the sharp end of SA's political and economic turmoil

Clothing retailers at the sharp end of SA's political and economic turmoil

12/06/2017 - 10:12
Results from apparel retailers in the past month have made it abundantly clear that South African household consumption is slowing down. read more
World Bank cuts its forecast for SA’s growth

World Bank cuts its forecast for SA’s growth

05/06/2017 - 12:35
The World Bank cut its forecast for SA’s GDP growth for 2017 by 0.5 percentage points to 0.6% in its June Global Economic Prospects report released on Sunday. read more
Trade surplus shrinks, with both imports and exports falling

Trade surplus shrinks, with both imports and exports falling

31/05/2017 - 16:32
SA’s trade balance came in worse than expected on Wednesday when the South African Revenue Service (SARS) announced a surplus of R5.08bn for April. read more
SA and UK start making plans for post-Brexit trade

SA and UK start making plans for post-Brexit trade

18/05/2017 - 09:17
Nations agree in principle to implement interim arrangement based on existing EU partnership deal. read more
JSE firmer as Naspers shines and miners gain on rand

JSE firmer as Naspers shines and miners gain on rand

09/05/2017 - 12:10
The JSE opened firmer on Tuesday as the weaker rand boosted resources and mining stocks with an exposure to foreign markets. read more
SA records trade balance surplus of R11.44bn for March

SA records trade balance surplus of R11.44bn for March

02/05/2017 - 13:11
SA recorded a trade surplus of R11.44bn for March, compared to a revised surplus of R4.79bn (from R5.22bn) in February, according to data released on Friday by the South African Revenue Service. read more
Brexit won’t interrupt SA-UK trade, says Davies

Brexit won’t interrupt SA-UK trade, says Davies

24/04/2017 - 14:11
The South African government plans to continue the trade and investment relationship with the United Kingdom (UK), following Brexit. read more
Producer inflation set to continue dropping

Producer inflation set to continue dropping

24/04/2017 - 08:56
Private-sector credit extension figures are expected to reflect the poor state of the consumer read more
SA records R5.22bn trade surplus for February

SA records R5.22bn trade surplus for February

03/04/2017 - 09:23
SA recorded a R5.22bn trade surplus in February after a revised deficit of R11.22bn in January, the South African Revenue Service (SARS) said on Friday. read more
Cost control keeps Massmart buoyant

Cost control keeps Massmart buoyant

24/02/2017 - 10:30
Africa’s second-largest retailer manages to fend off tough trading conditions in the year to end-December with tight cost control. read more
SA’s bulk exports fall 6.5% year on year in January

SA’s bulk exports fall 6.5% year on year in January

14/02/2017 - 09:57
SA’s bulk export volumes fell 6.5% year on year in January to 13.5-million tonnes. There was also a fall of 2.8% for all of 2016 to 163.3-million tonnes, data from the Transnet National Ports Authority (TNPA) showed on Monday. read more
Harare’s trade rules hurt SA exporters

Harare’s trade rules hurt SA exporters

07/02/2017 - 09:09
SA is losing out on potentially billions of rand in revenue as its exporters are forced to pay higher tariff duties to access the Zimbabwean market, while Trade and Industry Minister Rob Davies struggles to resolve an import ban on South African products by that country. read more
Gold Brands secures franchising deal

Gold Brands secures franchising deal

07/02/2017 - 08:16
Share price tumbles following an announcement by the company that it has secured a franchising deal with UK-based Casual Dining Group read more
Trade and Industry Minister Rob Davies to seek a post-Brexit preferential trade pact

Trade and Industry Minister Rob Davies to seek a post-Brexit preferential trade pact

24/01/2017 - 10:20
Trade and Industry Minister Rob Davies will seek a commitment from his British counterpart, Liam Fox, that the UK is willing to enter into post-Brexit trade negotiations with SA as soon as possible. read more
UK reassures SA on post-Brexit ties

UK reassures SA on post-Brexit ties

09/12/2016 - 15:02
Chancellor of the Exchequer Philip Hammond wants EU-grade trade and investment pacts with SA read more
Blanket of gloom over retail

Blanket of gloom over retail

14/11/2016 - 10:01
A grim trading update from Woolworths on Friday dealt a hefty blow to already weak investor sentiment towards the retail sector. read more
Growth in wholesale trade sales slows

Growth in wholesale trade sales slows

15/09/2016 - 11:10
WHOLESALE trade sales rose 1.2% year on year in July, following a revised 1.7% increase in June, Statistics SA said on Thursday. read more
SA bulk exports fall 4.9% in August to 12.6-million tons

SA bulk exports fall 4.9% in August to 12.6-million tons

13/09/2016 - 09:11
SA’S BULK export volumes fell 4.9% year on year (y/y) in August to 12.6-million tons after dropping 15.4% in July to 11.6-million tons and rising 6.2% in April to the second-highest monthly total of 16.2-million tons, data from the Transnet National Ports Authority showed on Monday. read more
Growing exports help widen trade surplus to R17.4bn

Growing exports help widen trade surplus to R17.4bn

02/09/2016 - 14:35
EXPORTS grew faster than imports in the first seven months of 2016, driven largely by a weak rand, leading to a R17.4bn surplus compared with a R24.7bn deficit over the same period last year. read more
Untapped Intra-regional trade opportunities key to boosting African economies

Untapped Intra-regional trade opportunities key to boosting African economies

01/09/2016 - 10:39
September 1, 2016: Despite an average annual growth in exports of 8.5% since 2010, trade between African regions remains low when compared to other parts of the world, according to The Africa Economic Outlook Report 20161. Intra-regional trade accounted for 16% of Africa’s total trade in 2014 - mainly stimulated by manufactured goods, accounting for 60% of total regional trade2.  read more
 SA trade in holding position - index

SA trade in holding position - index

15/07/2016 - 16:40
Cape Town - A lack of government support, political posturing for local government elections, service protests, seasonal factors and the slow pace of orders are restraining trade in South Africa at the moment. read more
Rand recovers in cautious trade

Rand recovers in cautious trade

08/07/2016 - 09:56
Johannesburg - South Africa’s rand traded firmer on Friday, taking advantage of a slip by the dollar ahead of a jobs report in the United States that could confirm bets of delayed rate hikes by its central bank. read more
South Africa to cut time to register new businesses, Rob Davies

South Africa to cut time to register new businesses, Rob Davies

22/06/2016 - 13:56
Issues impacting retailers, manufacturers under the spotlight at The Consumer Goods Forum Global Summit in Cape Town, 15 to 17 June  read more
Ergoform takes top honours at Inspire Trade Expo

Ergoform takes top honours at Inspire Trade Expo

20/06/2016 - 16:37
Local designers and manufacturers of premium-quality office furniture, Ergoform, won the award for Top Innovation and Best Stand overall at the Inspire Trade Show which took place at Gallagher Convention Centre in Johannesburg last week. read more
SA urged to stitch up footprint in US clothing

SA urged to stitch up footprint in US clothing

23/06/2015 - 09:17
US representatives at the Source Africa trade event last week were adamant local apparel manufacturers could sew up a viable patch of the growing US market. read more