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SA’s trade deficit rises

South Africa’s trade deficit for July 2012 increased by R1bn to R6.7bn, the SA Revenue Service (Sars) said on Friday. Exports in July increased by 2.9% (R1.8bn) to R63.5bn. A country reaches a trade deficit when it imports more goods than it...

SA climbs trade efficiency rankings

South Africa outperformed the rest of Africa, as well as its upper middle-income economy peers, in a World Bank survey of trade efficiency, improving its previous performance despite a general slowdown in trade logistics performance in the wake of...