The development of freight transport in South Africa has been a very short and dynamic process. From the first colony in the Cape in 1652, transport needs grew slowly with the spread of agriculture and the settlement of the interior. The demand for freight transport was met, firstly by means of ox wagons and then […]
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Goods are often imported or exported. Goods are transported to places in huge volumes through containers. These containers can be transported through trucks, trains, planes, and ships. “Cargo” and “freight” are the terms that are usually associated with transporting goods. Many times these terms are interchanged because people tend to get confused in determining which […]
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The economy of South Africa is the second largest in Africa, after Nigeria. It is one of most industrialized countries in Africa. South Africa is an upper-middle-income economy by the World Bank – one of only four such countries in Africa (alongside Botswana, Gabon and Mauritius). Since 1996, at the end of over twelve years of international sanctions, South Africa’s Gross Domestic Product almost tripled to peak at $400 billion […]
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Global financial crisis, weak domestic demand, and other related factors have affected South Africa’s Gross Domestic Product growth during past 3 years, continuing onto 2016. The GDP of South Africa accounted for 0.42% of world GDP in 2016. Industry experts expected the economy to grow at a rate slower than the population growth rate in […]
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The Definition of Procurement Logistics. The simplest way to think of procurement logistics is the procurement of materials needed to manufacture products, procurement logistics includes obtaining the following necessities: Raw materials. Auxiliary supplies. Operating supplies. Replacement parts. Purchased parts and similar items. The materials are the building blocks of an actual product, but the materials […]
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Given the various rules and regulations surrounding importing to South Africa, finding a product abroad that you think would take SA by storm can be exciting but a daunting experience when you think of the complicated process that you and the product will go through until the product actually reaches home. First things first: Get […]
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