Markets & Economy

Investment in Namibia's Port of Walvis Bay is expanding regional trade, strengthening logistics corridors and boosting southern Africa's connectivity.

South Africa is supporting local companies at Angola's largest trade fair as it seeks to boost exports, investment and intra-African trade under the AfCFTA.

The African Development Bank says Africa's resources, youthful population and economic potential will position the continent to play a leading role in a multipolar global economy.

Brazil has rejected new US tariffs on its exports, saying it will challenge the measures through the World Trade Organization and the country's Reciprocity Law.

China and the African Union have promoted the 140th Canton Fair as a platform connecting African businesses with global buyers, investors and technology partners.

The World Bank has recommended extending South Africa's 15% SEZ corporate tax incentive nationwide, saying the country has the capacity to build a world-class special economic zone programme.

South Africans are paying less for petrol and diesel after the first fuel price reduction in months, easing transport costs for households and businesses.

Tourist arrivals from Brazil to South Africa climbed 40.6% in May, ahead of LATAM Airlines' launch of direct flights from Cape Town to São Paulo on Thursday.

Deputy President Paul Mashatile promoted South Africa in Beijing as a gateway to African markets, highlighting opportunities in trade, technology, green hydrogen and manufacturing cooperation with China.