Browsing: South Africa
South Africa expects 1.9% GDP growth this year, compared to an estimate of 2.1% issued in February.
South African investors are frustrated by the slow rate of reform within the country, according to the BLSA.
Transnet: The force majeure declared in the automotive, bulk and multi-purpose terminals at its South African port operations has been withdrawn with immediate effect.
Cryptocurrency has been the subject of a declaration published by the FSCA, bringing a range of crypto-related financial services under its jurisdiction.
Volvo Trucks Euro 5 trucks have been available in South Africa since 2012, but now will be assembled locally for the first time.
Murray & Roberts reports disruption in the supply chain and delays in project payments.
South Africa is ready to increase exports to Saudi Arabia as the country looks to create a better trade balance between the two countries.
South Africa and Saudi Arabia sign MoUs to increase investment in energy, water, green hydrogen, waste diversion, and logistics.
Wanderers Stadium, South Africa’s famed cricket ground, is to be rebranded as DP World Wanderers Stadium as part of a sponsorship deal to support local culture and sport.
BLSA and BUSA: Strikes by state-owned Transnet rail is resulting in the falling capacity of the logistics industry and harming supply chains.