Tag: cross-border trading

On 1 January 2021 trading under the African Continental Free Trade Area (AfCFTA) started. The AfCFTA, with its 35 signatories, is an instrument that legitimises the creation of a single continental market for goods and services.

The rapid change in retail and trade networks caused by the global pandemic has highlighted how logistics – and air logistics in particular – is crucial to the economy. The first wave of lockdowns brought an urgent need for personal protective equipment such as masks, gloves, gowns, and face shields, as well as sanitising products.

Home to some of the world’s fastest-growing economies, Africa is a hot investment destination. More than 75 per cent of companies and investors in Africa are successful. Why? And how could you reap the benefits of doing business on the continent?

When Finance Minister Tito Mboweni gives his Budget Speech for the 2019/20 tax year next week (20 February), I hope to hear examples of how the government will work towards boosting South Africa’s ranking in The World Bank's annual 'Doing Business Report'. Given that India climbed 23 positions in this year’s ranking and that South Africa ranked 32nd just a decade ago, this goal is highly achievable.