International Trade Administration Commission of South AfricaIn the news
South Africa’s latest economic data delivered mixed signals, with manufacturing confidence weakening while tourism and new vehicle sales improved. The rand remained relatively stable despite higher oil prices and global inflation concerns.
PMI

Sunday review: Rand holds firm as SA data paints mixed picture of economy

South Africa’s latest economic data delivered mixed signals, with manufacturing confidence weakening while tourism and new vehicle sales improved.

  • Ashley Lechman
  • Yogashen Pillay
5 min read
International Trade Administration Commission of South Africa (ITAC) increased the Dollar Based Reference Price (DBRP) for sugar imports from $680 (R(R10 964) to $785 (R 12 660) per tonne.
SUGARIMPORTS

Sugar industry gets tariff relief, but warns SA imports crisis is far from over

ITAC has raised South Africa’s dollar based reference price for imported sugar from US$680 to US$785 per tonne. While SASA and SA Canegrowers welcome the move, they say the new…

  • Yogashen Pillay
4 min read