Automotive exports constitute 25% of Agoa-enabled trade. – Dr Martin Cameron, MD of Trade Advisory.
There have been no confirmed reports of injuries, and all personnel are believed to be safe.
The Agbiz economist said South Africa's membership in the bloc remained crucial in relation to Brics+.
Approximately 50 direct and indirect jobs were created during the 15-month marine construction period.
The downturn was sparked by last Wednesday's ‘reciprocal tariff’ announcements by the US on some 60 countries.
LeaseCo will drive the acquisition, management and leasing of rolling stock to domestic and regional markets.
“We’re developing dedicated handling lanes for meat, fresh produce, and flowers.” – KQ Cargo.
Tariff hikes could push the global economy into recession, leading to a $400 billion tax hike on the US economy.
The high-quality ore grades and relatively simple mining conditions in the region are key factors behind the surge in production.
The facility has seen an increase in container volumes to support the demand for port services.
In his State of the Nation Address on February 6, Ramaphosa declared: "We will not be bullied.”