Trade deficit improves by R9bn - SARS

2017-02-28 15:35

Data from the South African Revenue Service shows the R10bn trade deficit for January 2017 is an improvement of R9bn from the previous year.

SA approves 1.3m tonnes of GM US maize imports

2017-01-30 18:50

SA has issued permits to allow total imports of 1.3m metric tonnes of genetically modified maize from the US since allowing entry of the grain for the first time in December.

SA accounts for 79% of Zim's import bill

2017-01-20 15:36

Zimbabwe exported goods worth $2.8bn in 2016 against an import bill of $5.2bn, with at least $2.2bn worth of goods exported to South Africa, latest figures show.

Impose 50% tariff on poultry imports, urges Malema

2017-01-12 19:35

The Economic Freedom Fighters called on Trade and Industry Minister Rob Davies to impose a 50% tariff on all chicken importers to protect SA poultry farmers and their workers.

Sharp decline in imports despite stronger rand

2017-01-03 18:31

The container market took a knock in the third quarter of 2016, as low consumer demand for goods dampened the appetite for imports.

China exports snap losing streak as imports surge

2016-12-08 13:10

China’s exports have gained, snapping a seven-month losing streak, as a cheaper yuan aided foreign purchasing.

Retailers could face Christmas 'drought' of imported goods

2016-12-04 10:18

South African retailers could face a shortage of imported goods in their stores over the Christmas shopping period, as the authority that permits these goods to hit the shelves has a backlog of over 5 000 authorisations.

UK inflation holds at 0.6%, import price pressures build

2016-09-13 11:22

UK inflation has been unexpectedly unchanged in August, though more signs emerged of imported price pressures because of the weaker pound.

China exports remain subdued as import drop fuels concern

2016-08-08 12:00

China’s exports have remained sluggish last month, signaling tepid global demand, while deteriorating imports raise concern domestic conditions may be weakening anew.

It's not SA's place to protest Zim restrictions - minister

2016-07-12 09:38

The Zimbabwean government says SA businesses should not demonstrate against its import restrictions, adding that the measures will stay in place for now.


SA records trade deficit for 2016 despite massive Dec surplus

2017-01-31 16:32

Although SA recorded a surprisingly huge trade balance surplus of R12.04bn in December 2016, the year-to-date deficit for the whole of 2016 was R2.92bn, says Sars.

Poultry importers cry foul

2017-01-22 06:55

South Africa’s chicken importers believe that they and the cheap cuts they provide to a predominantly black and poor market are being given a raw deal.

DTI responds to Malema's poultry tariff hike demand

2017-01-13 09:09

In response to Julius Malema's urging for a 50% tariff on poultry imports, Minister of Trade and Industry Rob Davies says a committee is examining the industry's challenges.

Govt can save poultry sector as job losses loom - Fawu

2017-01-09 13:04

It is within the power of government to protect the local poultry industry which is experiencing massive losses due to low import tariffs, says union Fawu.

SA slaps huge import tax on EU chicken legs

2016-12-15 13:57

The government has slapped a safeguard duty of 13.9% on frozen chicken legs imported from the European Union to help the ailing local industry.

SA to import GM maize for first time from US

2016-12-06 10:33

The government has approved imports of genetically modified maize from the US for the first time as it seeks to bring in the grain after its worst drought in decades.

Davies denies interfering at regulatory body

2016-09-19 19:24

Trade and Industry Minister Rob Davies has denied interfering at the National Regulator for Compulsory Specification that allegedly led to its CEO's resignation.

UK inflation accelerates as pound boosts import costs

2016-08-16 12:24

UK inflation has accelerated in July and there were signs of further price pressures with the weak pound leading to the biggest jump in import costs.

Weak rand helps boost trade surplus as 2016 exports up 11%

2016-07-29 14:32

South Africa's trade surplus narrowed to R12.53bn in June from R18.37bn in May, but overall exports are much improved from 2015 figures, Sars has revealed.

Zim braces for more civil unrest as protests hammer economy

2016-07-06 06:34

Business activity and confidence levels in Zimbabwe have taken a knock as protests over import restrictions and unrest in the public transport sector takes a toll.

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