Airfreight rates reached their highest level of the year last month, but continue to fall short when compared with last year, according to the latest data from Drewry & Air Shipper Insight. The independent adviser noted in its latest report that the weighted... read more
Instruments such as tariff hikes will be used to protect jobs in sectors threatened by imports, economic development minister, Ebrahim Patel, was cited in various news reports as saying. Speaking at the Congress of South African Trade Unions (Cosatu) congress in... read more
Phase 1 of the Mombasa port project – which includes the construction of a second container terminal – is more than 90% complete, and expected to be completed in February next year, according to news reports. The project’s first phase, estimated to cost about $900... read more
Complete unloading and loading of passengers, luggage, and cargo from a plane. Walkways attach to the plane’s left side, while the cargo and luggages are opened up from the plane’s right side. I would guess this works on the opposite side as well if the... read more
A rise in Zimbabwean exports to South Africa has helped close its major trade deficit gap for the month of October, according to data released by the Zimbabwe National Statistics Agency (Zimstat). In October, the deficit decreased by 22.3% — narrowing to... read more
In a move to help African countries diversify their trade, the Chinese government has expanded its zero import tariff structure. With effect from December 10, China is offering a zero tariff on 97% of commodities imported from seven African countries, including South... read more