South African manufacturing output rises 5.3% y/y in April
South Africa’s manufacturing output rose 5.3% year on year in April, after falling by a revised 6.5% in March, statistics agency data showed on Tuesday. Factory production was up 5.2%
Acciona starts work on Africa’s biggest desalination plant
Up to 7.5 million inhabitants of the Casablanca region will depend on the desalination plant (you deal/Unsplash) A consortium led by Spanish contractor Acciona has broken ground in Morocco on
Economic Impacts of Energy Policies in South Africa and Nigeria
While sales of electric vehicles have increased, the automotive industry’s commitment to manufacturing EVs in South Africa (ZA) is still uncertain. Stellantis, already building an automotive manufacturing plant in the…
AGOA: 25 Years of US-Africa Mutual Benefit
PEMBROKE, North Carolina — The African Growth and Opportunity Act (AGOA), enacted in 2000, grants African countries with certain criteria access to more than 1,800 duty-free products in the United
Shabnum Dawood appointed CEO of DHL Global Forwarding South Africa
DHL Global Forwarding, the leading international provider of air, sea, and road freight services, has appointed Shabnum Dawood as the new Country Manager for its South Africa operations. With over
VW and Isuzu pour cold water on SA’s electric vehicle ambitions
(Julian Stratenschulte/picture alliance/Getty Images) For more financial news, go to the News24 Business front page. Volkswagen and Isuzu have expressed scepticism about South Africa’s plans to develop electric and hydrogen-powered
Afrimat Construction Index declines in Q1’24
The Afrimat Construction Index (ACI) for the first quarter of 2024 indicates a marginal decline, dropping to 1037 from 1173 in the previous quarter. The report states this decline is
South African Star Ruby export forecast adjusted downward again
The Citrus Growers’ Association of Southern Africa’s (CGA) Grapefruit Variety Focus Group announced a further downward revision to its export estimates for the 2024 season. Feedback from the regional grower
Africa’s freeports should boost trade and foreign exchange earnings – but evidence is thin
Freeports and economic zones are under-utilised in west Africa. Getty Images The concept of a freeport – an area where normal tax and customs rules don’t apply – has existed
Siqalo Foods Celebrates Hospitality Entrepreneurs with “Share” Networking Event
Siqalo Foods, manufacturer of popular spreads such as Rama and Flora in South Africa, hosted beneficiaries of its Sekela Hospitality Support Programme (Sekela HSP) on Monday 3rd June 2024, at