Africa’s New Economic Horizon: The COMESA-EAC-SADC Tripartite Free Trade Agreement Takes Effect On July 25th, 2024, Africa witnessed a historic milestone as the Common Market for Eastern and Southern Africa (COMESA), East African Community (EAC), Southern African Development Community (SADC) Tripartite Free Trade Area (TFTA) Agreement officially came into force. This landmark agreement, which has…
South Africa stands its ground as an economic growth hotspot on the African continent. With its dynamic economy, improving infrastructure, and strategic position, the country offers numerous opportunities for investors and businesses alike. In this article, we explore South Africa’s economic potential and opportunities that make this market an attractive destination for foreign companies to…
South Africa’s manufacturing sector is showing signs of recovery, with recent data indicating positive developments. According to a report from StatsSA, manufacturing production increased by 1.9% in November 2023 compared to the same month in 2022. Seasonally adjusted manufacturing sales also rose by 2.1% over the past three months. This growth signifies a gradual return…
South Africa’s manufacturing landscape has long been a cornerstone of its economy, contributing significantly to employment and economic activity. However, recent trends indicate a shift in this landscape, with various challenges impacting profitability and job security within the industry. Despite these hurdles, the sector remains vital, especially in key regions such as Gauteng, Johannesburg, Ekurhuleni,…
