Tag: Technology

Road transport is an important mode for Africa’s trade, carrying over 90% of intra-regional and regional trade (Afreximbank: 2019). This is likely to continue into the future in ...

Industrialisation and the emergence of new technologies, such as the Internet, have improved value chain efficiency but also increased the complexity of production linkages. Within...

The rise of digital technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), 3D printing, and blockchain technology all stand to significantly impact trade ...

National Report shows tax shrunk the sugar industry, says association (Engineering News) A report, commissioned by the National Economic Development and Labour Council (Nedlac) a...

The seventh edition of the ‘Harmonized Commodity Description and Coding System’ of the World Customs Organisation (WCO) becomes operational on 1 January 2022. Since its incepti...

Start of trade under the preferential terms of the African Continental Free Trade Area (AfCFTA) was announced on 1 January 2021, whilst negotiations to finalise outstanding issues ...

National trade and trade-related news Small South African Businesses Set To Benefit From Import Ban (OkayAfrica) The South African government plans to block certain imports to th...

When the Independent Communications Authority of South Africa (Icasa) announced the spectrum auction in September 2020, it was widely hailed as a critical measure to eliminate the ...

Just over two years ago, tralac published a blog about the potential of blockchain (also referred to as distributed ledger technologies (DLT)) for trade in Africa[1]. This blog is ...

Digital labour platforms are applications that run on computers and smart devices and are able to facilitate new online markets for services of diverse types. These platforms disru...

National Third chapter of SA investment conference gets underway this week (The South African) President Cyril Ramaphosa will host the third South Africa Investment Conference on...

National Trade stats shows domestic recession keeps imports low (Fin24) A recovery in commodity prices and global demand saw SA record a trade surplus of R109.5 billion for the t...

National South Africa won’t meet debt targets, president’s council says (Moneyweb) South Africa won’t be able to meet its finance ministry’s debt targets and it may be un...

National Tax breaks, grey import probe needed to grow local car market, says Naamsa (Engineering News) As many European countries reintroduce lockdown measures to deal with a sec...

The COMESA Regional Customs Transit Guarantee Scheme (RCTG Carnet) has launched a Mobile Application designed to provide access to real-time information to Clearing and Forwarding ...

National news A Strengthened Partnership for Post-COVID-19 Economic Recovery (US Embassy in South Africa) The Department of International Relations and Cooperation hosted the 11t...

The RECDTS App is designed to stop Corona in its tracks along EAC key transport corridors The East Africa Community (EAC) Secretariat and its Partner States today held a virtual r...

It is widely recognized that digitalization is one of the most powerful tools for implementing the 2030 Agenda for Sustainable Development and Africa’s Agenda 2063. Digital appl...

Impact of COVID-19 The coronavirus (COVID-19) pandemic has severely affected industries and economic fundamentals (e.g. demand, supply and production) in Africa and globally. It h...

Breaking: Nigeria’s foreign trade drops to N6.24 trillion, trade balance hits N1.8 trillion deficit (Nairametrics) The value of Nigeria's total foreign merchandise trade stood a...