SA, Kenya advance trade relations
South Africa and Kenya are working hard to boost trade and investment, says South Africa’s High Commissioner to Kenya, Koleka Mqulwana. Speaking at a trade and investment seminar in the Kenyan capital Nairobi, Mqulwana said the two countries are working to level the balance of trade by enhancing bilateral... Read more
SA set to solidify relations with Africa
The African continent will remain central to South Africa’s foreign policy imperatives, says International Relations and Cooperation Minister Lindiwe Sisulu. “Guided by the principles and vision of the National Development Plan (NDP) and South Africa’s national interest, we are driven by a vision to create and achieve a continent... Read more
CNBC Africa Receives Award for Best Business Television
The award which aims to acknowledge the very best of business journalism, comes in recognition of the network’s efforts to highlight the narrative of Africa’s growth and the opportunities present in the continent The Lagos Chamber of Commerce & Industry (LCCI) presented CNBC Africa ( the 2018 Award for... Read more
More strategic investment in Africa’s ports can accelerate growth and development by strengthening trade – PwC report
Despite the high volumes of goods that require transport, the development and integration of ports in Africa’s wider logistic chains remains uneven Africa needs to take advantage of the economic potential of its ports and shipping sector if it is to realise its growth ambitions. Globally, ports are gateways... Read more
Tripartite Free Trade Agreement to be tabled before Parliament
International Relations and Cooperation Deputy Minister Luwellyn Landers says government is in the process of submitting documentation and the Tripartite Free Trade Agreement to Parliament for ratification. The Deputy Minister said this when he fielded oral questions during the Peace and Security Cluster’s question and answer session at the... Read more
SA companies urged to invest in Nigerian Free Trade Zone
South African business people have been urged to invest in Nigeria’s Free Trade Zone. This as a delegation of businesspeople led by the Department of Trade and Industry (dti) visited the Lekki Free Trade Zone, a privately-owned free trade zone, outside Lagos as part of site visits. The delegation... Read more
SA trade delegation arrives in Nigeria
South Africa’s business delegation led by the Department of Trade and Industry is in Nigeria on the second leg of the Outward Trade and Investment Mission (OSIM). The OSIM to Lagos, Nigeria, aims to increase trade and investment between South Africa and the West African nation. The Acting High... Read more
SA committed to signing African Continental Free Trade Area
President Cyril Ramaphosa says South Africa will become a signatory to the African Union’s agreement on the African Continental Free Trade Area (AfCFTA). The Presidency said South Africa held off on signing the actual agreement until legal and other instruments associated with AfCFTA are processed and ratified by South... Read more
Free Trade deal to turn Africa’s fortunes around
An agreement establishing the African Continental Free Trade Area (AfCFTA) which is envisaged to offer opportunities to create large economies of scale has been reached, said the Department of Trade and Industry. Trade and Industry Minister Rob Davies and his Deputy Bulelani Magwanishe attended the recent African Union Ministers... Read more
SA companies to show off wares at Ghana Trade Fair
Local companies are set to partake in the Ghana International Trade Fair that gets underway later this week. A group of 20 South African companies specialising in agro-processing, chemicals, clothing and textiles, forestry furniture, creative industries, built environment and capital equipment will exhibit their products and services at the... Read more