Search

South Africa’s Trade Surplus Climbs to R17.6 Billion in July Amid Export Growth

  • South Africa’s trade surplus reached R17.6 billion ($956.9 million) in July, bolstered by rising exports of key commodities
  • Eskom’s 156-day streak without loadshedding boosts business confidence, supporting economic resilience

Johannesburg, South Africa – South Africa recorded a strong trade surplus of R17.6 billion ($956.9 million) in July 2024, as exports climbed to R175.0 billion ($9.52 billion) against imports of R157.4 billion ($8.56 billion), according to data release from the South African Revenue Service (SARS).

Recent Business

Fish at the market. Photo by Jakub Kapusnak @ Unsplash
Uganda wins EU approval to export farmed fish
Read More »
Oil drilling rig Photo Marian Lupan @ Unsplash
Senegal’s Petrosen shifts to $100mn onshore oil exploration
Read More »
Rwanda motorists Photo @ Pixabay
Rwanda raises central bank rate to 7.25% as inflation breaches target band
Read More »

Recent Politics

A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »
Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Kenya’s ODM in turmoil: Sifuna ouster exposes rift over Ruto alliance
Read More »

Latest Posts

Latest news insights