President Ramaphosa kicks off working visit in Nigeria
President Cyril Ramaphosa will this morning meet with his Nigerian counterpart President Muhammadu Buhari and participate at the 2018 Annual Meeting and 25th Anniversary Celebrations of the African Export-Import Bank (Afreximbank). Afreximbank is the foremost pan-African multilateral financial institution devoted to financing and promoting intra- and extra-African trade. The... Read more
SA signs Africa Continental Free Trade Area agreement
South Africa has signed the African Free Trade Area (AfCFTA) agreement with the African Union, which will pave the way for the country to benefit from inter-regional trade within the African continent. “This agreement is an important step towards South Africa’s participation in a market of over one billion... Read more
SA, Saharawi Presidents to forge greater relations
President Cyril Ramaphosa will this week host the President of the Saharawi Arab Democratic Republic, President Brahim Ghali, for a working visit. It is expected that the two Heads of State will on Tuesday review bilateral cooperation between the two countries and exchange views on issues of common interest... Read more
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