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Tag: Trade and Industry

Scramble to put SA tourism sector back on its feet

Tourism Minister Mmamoloko Kubayi-Ngubane said her department is working around the clock to recover the tourism sector, as calls to reopen the country’s borders grow louder. Kubayi-Ngubane was briefing Parliament’s select committee...

Peru enthusiastic to do business with SA

South Africa-Peruvia chamber of commerce says that trade between the two countries is likely to increase significantly in the near future. South Africa-Peruvia Chamber of Commerce general manager Itala Piaggio said...

SA welcomes 3M’s R120m investment

According to SAnews.gov.za Trade and Industry Minister Rob Davies has welcomed 3M’s R120m investment that will expand the company’s operations in South Africa. “Such investment is important and demonstrates the confidence...

Untapped intra-regional trade opportunities key to boosting African economies

Despite an average annual growth in exports of 8.5% since 2010, trade between African regions remains low when compared to other parts of the world, according to The Africa Economic Outlook...

SARS releases trade statistics for July 2016

The South African Revenue Service (SARS) today releases trade statistics for July 2016 recording a trade balance surplus of R5,22bn. The cumulative trade balance surplus (01 January to 31 July 2016)...

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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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