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

Jeremy Awori, Group CEO of Ecobank Transnational. Photo @Ecobank Group/Facebook
Ecobank’s $500mn capital raise: growth story or defensive gamble amid Nigeria drag?
Read More »
Stephen Blewett, CEO of MTN Ghana at the company's AGM in Accra. Photo by MTN Ghana/Facebook
MTN’s $1bn bet: Can Ghana turn digital ambition into an African innovation engine?
Read More »
Africa Fintech startups are struggling. Photo @Pexels
Why Africa’s fintech start-ups are losing the fight for survival
Read More »

Recent Politics

Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »
Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »

Latest Posts

Latest news insights