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Tag: Asia

Supply crisis spurs South African retailers to end Asia reliance

Spiralling shipping costs and Covid-19 supply chain disruptions are accelerating a shift by South African retailers to end their heavy reliance on Asia and move to source products locally. More than 50%...

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Western Cape remains an attractive destination for foreign direct investment

Global foreign direct investment (FDI) flows recovered to US$1.58 trillion in 2021, up from US$963 billion recorded in 2020 and higher than pre-pandemic...

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