Tag Archives: Trade industry

SA-Russia trade is minuscule even among BRICS members (DM)

Data show that Russia is an insignificant trade partner of South Africa. In terms of economic partnerships, it is a clapped-out Lada vehicle, a lemon with not much juice to be squeezed from it. As the BRICS 22-24 August summit looms in Johannesburg — in the shadow of Pretoria’s difficult diplomatic dance over Moscow — […]
Read More »

Huge blow for exports in South Africa: report (BT)

R27 billion a year of South African exports are at risk after the European Union (EU) introduced the Carbon Border Adjustment Mechanism (CBAM). As reported by City Press, the CBAM is a strategy for reaching the EU’s 2050 carbon emissions goal. It will impact South Africa’s steel, aluminium, iron, cement, fertiliser, electricity and hydrogen exports. It […]
Read More »

Delay in new-energy vehicle plan may favour SA, says Toyota president (BL)

Pushing back the strategy could allow the country to avoid pitfalls being encountered elsewhere. Delays in designing a new-energy vehicle (NEV) strategy for SA might not be a bad thing if it allows the country to avoid pitfalls being encountered elsewhere, says Toyota SA president Andrew Kirby. The department of trade, industry & competition had […]
Read More »