Tag: trade

On 2, 3 and 7 November 2023 respectively, global shipping frontrunners including AP Moller Maersk (Maersk), Mediterranean Shipping Company (MSC) and Hapag Lloyd (Hapag) announced that they would be imposing hefty surcharges on congested vessels at South African ports. The decision to impose fees on cargo ships entering South African ports has arisen due to […]Continue reading

South Africa’s poultry sector, a critical component of the nation’s agricultural economy, is under duress. The dual onslaught of avian influenza and the impending decision by Minister Ebrahim Patel, the Minister of Trade, Industry, and Competition, may exacerbate the woes of this R60bn industry. Patel is on the brink of endorsing a course of action […]Continue reading

In a significant move to reshape the African trade and economic landscape, the African Union (AU) converged in Addis Ababa, Ethiopia, during the 36th Ordinary Session of the Assembly of the Union in February 2023. The pivotal outcome of this Session was the adoption of the Protocol to the Agreement establishing the African Continental Free […]Continue reading

As the BRICS alliance gears up for expansion and potentially includes more countries in its upcoming leaders’ summit in South Africa, a crucial aspect may have been overlooked: the potential impact of geopolitics on global commerce and economic relations, particularly involving BRICS nations. The BRICS framework may face new pressures as businesses find themselves compelled […]Continue reading