SA starts 2024 by swinging into a trade deficit
Exports slump 12.8%, pointing to the major headache caused by decrepit Transnet
01 March 2024 - 05:00
SA posted a trade deficit worse than market expectations in January, a further sign that the favourable trade dynamics experienced since mid-2020 — owing primarily to commodity price tailwinds — have died down.
This is another setback for the economy and the logistics industry as government and businesses scramble to arrest Transnet’s decline...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.