PAK TRADING

Trade conditions improve in South Africa

Economy
South Africa: economic powerhouse of Africa

Trade conditions improve

The South African Chamber of Commerce and Industry's Trade Activity Index has moved into positive territory for the first time since November 2007, while expectations for sales, inflation and employment have also improved, pointing to renewed optimism in the economy.

Durban: two airports for 2010

While the R7-billion international airport at La Mercy, north of Durban, will be open well in time for the 2010 Fifa World Cup, Durban International will continue to operate in order to accommodate the surge in passengers arriving for the tournament.

First ships dock at Port of Ngqura

The first commercial vessels have discharged their cargo at South Africa's new deepwater Port of Ngqura, which forms part of the Coega industrial development zone outside Port Elizabeth in the Eastern Cape province.

Govt 'committed to auto industry'

The government says it will continue to support South Africa's motor industry, while pushing for a shift in production to heavy vehicles and their components.

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