April 28, 2021

The Africa Free Trade Area & What This Means For The Maritime Sector

The African Continental Free Trade Area (AfCFTA) became operational on 1 January 2021. creating a free trade area ultimately expected to represent 1.2 billion people. The principal objectives are to create a single market for goods and services across 54 countries, to expand intra-African trade, to enhance global competitiveness, and to support economic transformation on the continent.

South African industries stand to benefit significantly from the AfCFTA through streamlined trade in the continent as well as investment and other opportunities; free trade, however, also poses some risks. For instance, other parties may expect reciprocal market access and technology transfer in return for free trade, potentially eroding competitive advantages built up through long-term investments. 

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June 18, 2021

Youth to have their say on the future of seafarers

Don’t miss out on an all-youth dialogue webinar taking place this Monday [June 21], themed “Fair future for seafarers”.