Zimbabwe reintroduces Zim dollar
Foreign markets are yet to react to the news that Zimbabwe has announced the re-introduction of the Zim dollar with immediate effect.
SA economy breaks age-old record for longest downward cycle
Not since the 2nd World War ended in 1945 has South Africa’s economy been caught in such a long downward spiral, the Reserve Bank says in its latest Quarterly Bulletin.
New online product guarantees loading, penalises cancellation
Maersk Line has launched a new online initiative designed to provide shippers with certainty of loading and to protect the shipping line against last minute cancellations.
Africa can reduce imports and generate $50bn in revenue – dti
Africa has the potential to reduce its imports and generate $50 billion in annual revenue, according to the Department of Trade and Industry (dti).
South Africa’s ship registry growing
The registration of Vuka Marine’s cargo carrier, the Windsor Adventure, as a South African-flagged vessel was celebrated with fanfare in Port Elizabeth last week.
Namibia outlines ambitious rail expansion plans
Namibia’s rail authority TransNamib is keenly looking at expanding domestic volumes, according to CEO Johny Smith.
Prieska mine to reopen 28 years after it was closed
A Northern Cape mine that was closed 28 years ago and dismantled by an almost week-long auction will be re-opened after Australian mining group Orion announced it would recommence with copper and zinc operations in Prieska.
West Africa’s ‘Eco’ currency gets the thumbs up
TradeMark East Africa has expressed its support for the regional currency initiative that has been launched by the Economic Community of West African States.
