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President Cyril Ramaphosa

SA: Cyril Ramaphosa: Address by South Africa's President, on the launch by South Africa of preferential trade under the African Continental Free Trade Area, Port of Durban, eThekwini (31/01/2024)

2nd February 2024 In a short while, we will be witnessing the sending off of the first shipment of products from South Africa to other AfCFTA countries.  

President Cyril Ramaphosa

Ramaphosa says continental market will promote agricultural development, food security as trade begins under AfCFTA  

By: Thabi Shomolekae     31st January 2024 President Cyril Ramaphosa said on Wednesday that the start of preferential trade will create great opportunities for growth and development for... 

Traders divert Russian oil products around Africa to avoid Red Sea -sources, LSEG

By: Reuters     31st January 2024 Traders were diverting cargoes with Russian oil products around Africa to avoid the Red Sea due to a heightened risk of attacks by Yemen’s... 

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South African Rand

IMF cuts South Africa's 2024 growth forecast 

By: Bloomberg     30th January 2024 The International Monetary Fund downgraded its economic-growth forecasts for South Africa, warning that logistical challenges are constraining... 

ActionSA President Herman Mashaba

Daily Podcast – January 30, 2024

By: Halima Frost     30th January 2024 Making headlines: SA’s performance in Corruption Perceptions Index disappoints; Mashaba says fix Home Affairs or policy will fail; And, Global... 

Investec logistics head Denys Hobson

Global economic growth expected to stagnate this year

By: Darren Parker     30th January 2024 Global economic growth is expected to be subdued, if not stagnant this year, with global trade also expected to be sluggish, financial services... 

Road and rail

Government's new plan to shift cargo from roads back to rail  

By: News24Wire      26th January 2024 Government is seeking to finalise a plan aimed at improving its rail network and move cargo away from its overburdened roads.  While the economy... 

A view of office buildings in Sandton, Gauteng

BMI foresees better growth in South Africa, Nigeria this year

By: Schalk Burger     26th January 2024 After acting as a drag on sub-Saharan African growth in 2023, Nigeria and South Africa are expected to reverse this trend during the current year,... 

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