Tag: SACU

In 2022, South Africa’s intra-African merchandise trade was valued at approximately US$40 billion, accounting for only 17% of the country’s total merchandise trade. South Afric...

Summit to share practical advice to start and grow road freight SMEs (Engineering News) Industry body the Road Freight Association and industry collaboration platform the Transpor...

Global development financing must achieve local benefits (SAnews) With improved funding for South Africa’s Just Energy Transition, the country will be able to invest significant...

Trade statistics for April 2023 (South African Revenue Service) South Africa recorded a preliminary trade balance surplus of R3.5 billion in April 2023. This surplus is attributab...

TFR achieves record volumes on manganese export line (Engineering News) Transnet Freight Rail’s (TFR’s) Cape Corridor has achieved a ten-year record on its Manganese Hota...

It has been reported that the five member states of the Southern African Customs Union (SACU) have recently submitted their joint AfCFTA offer of tariff concessions, and that it me...

Local news Science, Innovation dept envisions a solid hydrogen economy by 2050 (Engineering News) South Africa’s Department of Science and Innovation (DSI) views hydrogen as a ...

Local news President Ramaphosa receives Just Energy Transition framework (SAnews) President Cyril Ramaphosa says the Just Energy Transition (JET) Framework will serve as a key ev...

Local trade news Trade Statistics for May 2022 | South African Revenue Service The South African Revenue Service (SARS) today releases trade statistics for May 2022 recording a p...

Local trade news Trade Statistics for February 2022 (South African Revenue Service) The South African Revenue Service (SARS) today releases trade statistics for February 202...

The aim of the International Trade Administration Commission of South Africa (ITAC), as mandated by the International Trade Administration Act, 2002 (the ITA Act), is to foster eco...

In 2020, 17% of Botswana’s world exports and 68% of world imports were intra-Africa. Between 2019 and 2020, Botswana’s exports to Africa declined by 3%, and imports from Africa...

The traditional approach to economic integration in Africa has become increasingly complex. It lacks focus and feasibility. It might be time to take a hard look at the evidence and...

In early 2021, the AfCFTA started to become a reality, albeit an agreement with many details still to be finalized. The objective for this trade brief is to examine the African Con...

In 2020, 33% of Namibia’s world exports and 67% of world imports were to and from the rest of Africa. Between 2019 and 2020, Namibia’s intra-Africa exports declined by 24% and ...

While only 39 per cent of Lesotho’s world exports are destined for the rest of Africa, 78 per cent of world imports are sourced from other African countries; all most all with ne...

The Southern African Customs Union (SACU), comprising Botswana, Eswatini, Lesotho, Namibia and South Africa, is a customs union (CU) with duty-free[1] intra-SACU trade and a common...

National news Retail trade confidence edged up in Q3 – Bureau for Economic Research (Business Report) The Bureau for Economic Research (BER) on Monday said that retail trade co...

South Africa’s Minister of Finance, Mr Tito Mboweni, chaired the 4th joint Finance and Trade Ministers’ virtual Ministerial Retreat meeting on 21 September 2020. The Ministers ...