International Trade Business News Features

Despite its challenges the African continent offers a mountain of opportunities to would be investors, particularly those of the Asian persuasion.

SAFMARINE says the petrochemicals, automotive and garments industries are the top three export commodities for the West and Central Asian (WCA) region.

Safmarine says it will further improve its Far East to East African shipping network with the introduction, in March, of a new, direct, fully-containerised shipping service from Far East to East Africa.

The Mosstrich Group of Mossel Bay increased its annual turn-over from R305m to R324m in the 2009 taxable period and profits before tax of R35m was achieved; of this R18.5m came in the shape of production bonuses paid to ostrich producers.