Archive for the ‘South Africa’ Category

Global Trade, News, South Africa

January 23, 2025

South Africa’s wine industry celebrated a remarkable achievement in 2024, as export revenues grew despite steady shipment volumes, highlighting the sector’s adaptability and market strength. According to Wines of South Africa (WoSA), export revenues reached R10.3 billion, marking a 3% increase in local currency, while US dollar revenues climbed 4.3% to $562 million.   Packaged […]

Deputy Minister of Trade, Industry, and Competition, Andrew Whitfield, has emphasized the critical importance of manufacturing and export expansion for South Africa’s economic development. Speaking during a recent Budget Vote debate in the National Council of Provinces (NCOP), Whitfield highlighted the need for a manufacturing-centered approach to enhance economic stability and job creation. Whitfield outlined […]