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The winning formula of the Italian distribution logistics services company

17th October 2022 Despite a record-breaking 2021, the first five months of 2022 for Cargo Compass SA – one of the country’s largest private freight forwarding companies – are promising an outperformance of last year. The main reason, states Sebastiano Iorio, MD of the Italian-owned company, lies in Cargo Compass’... 

Italian Energy education footprint expands in South Africa through dedicated lab

17th October 2022 Italian inverter manufacturer, Enertronica Santerno S.p.A. will be starting its Santerno SA Lab, employing 4 additional South African technicians and supervisors, explains Enertronica Sub-Sahara Area Manager Luigi Guerra, the goal of the laboratory being to localise additional work in South... 

South African agri-food sector records its best year ever

17th October 2022 There is no doubt for Federico Bellotto, MD of Italian-American agriculture machinery producer CNH Industrial, that 2021 has been one of the best years ever for his company, with the highest number of machines sold to date. These record numbers have been, according to Bellotto, driven by a mix of... 

Italy-SA trade overview 2022/2023 South Africa economic outlook 2022

17th October 2022 South Africa remains the third largest African economy, behind Nigeria and Egypt, and the most advanced and varied economy across the continent. In 2021, South Africa’s GDP was worth about $420 billion. The 2021 annual GDP growth rate was 4.9% and the first two quarters of this year have... 
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Delayed coal decommissioning won’t ‘collapse our climate commitments’

The Presidential Climate Commission (PCC) is currently assessing the impact of South Africa’s decision to delay the decommissioning of the Hendrina, Grootvlei and Camden coal-fired power stations on the country’s Nationally Determined Contribution (NDC), which outlines the country’s... 

CEF's Sapref refinery purchase raises clean-up concern

South Africa’s purchase of the nation’s largest refinery from Shell and BP for a symbolic R1 will transfer the environmental liability of the site to the government, according to a local advocacy group. The state-owned Central Energy Fund, which manages South African energy assets, agreed to buy... 
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