Pretoria – South Africa’s current account deficit widened to 6.4% of gross domestic product, its biggest since 2008, said the Reserve Bank. “With South Africa’s terms of trade also registering a modest further deterioration, the deficit on the...
South Africa and Botswana have signed a memorandum of understanding to promote trade and investment between the two countries and create opportunities for industrialisation and the manufacturing sectors. The signing follows a two-day state visit by President Jacob...
Pretoria – Business confidence fell to 90.9 index points in July to a 12-year low, the South African Chamber of Commerce and Industry (Sacci) said on Tuesday. In July, the BCI declined by four index points. “After the BCI bounced back by 2.1 points from the 92.8...
Pretoria – South Africa remains in the top 15 ‘long-haul’ business events destinations in the world and is the premier business events destination in Africa, says Tourism Minister Marthinus van Schalkwyk. “Our ambition is to compete with the biggest and best...
Johannesburg – Despite a softening of cargo categories, Transnet is going ahead with its infrastructure build programme. “In the earlier months of the current financial year, we have seen a softening particularly with the container volumes – imports...