market intelligence
Green energy presenting South Africa with massive reindustrialisation chance Green electrons and green molecules are presenting South Africa with a massive opportunity to reindustrialise, Nedbank CIB Head of Infrastructure, Energy and Telecommunications Mike Peo told the Green Hydrogen Roundtable. “We have an opportunity for South Africa to completely reindustrialise, to start building up our industrial base that we have lost over the last ten to 15 years,” was Peo’s message at the event addressed by the Chemical Industries Education & Training Authority CEO Yershen Pillay, as well as by Higher Education and Training Department Deputy Director General Zukile Mvalo... Read more
SA agricultural sector receives boost with new avocado oil plant Mpumalanga is celebrating the inauguration of Cultivate Trading’s avocado oil production facility in White River, just outside Mbombela. This state-of-the- art plant is poised to revolutionise the local avocado market by providing farmers with an alternative avenue for their produce. Specifically targeting avocados that are not market-grade due to hail damage or other defects, the plant offers a solution to what was previously a loss for farmers... Read more
Industrial sectors at a turning point The industrial sectors in South, East and West Africa urgently need to transform their ageing infrastructure and systems to remain competitive and contribute to addressing the continent’s unique infrastructural and service-related challenges. This was the view of IS3 MD Dion Govender speaking at the opening of the 30th XChange Conference where he stated that the industrial community plays a significant role in facing and addressing these challenges. ... Read more
Sudden container crunch sends ocean freight rates soaring, setting off global trade alarm bells A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprising spike in ocean freight rates. The beginning of peak shipping season, coupled with the longer transits to avoid the Red Sea, and bad weather in Asia, have hit the flow of trade on key routes. Ocean carriers are skipping ports or decreasing their time at port, and not picking up empty containers, to keep vessels on track for delivery... Read more
5
Issue 2 – 2024
Made with FlippingBook - professional solution for displaying marketing and sales documents online