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  • World Bank underlines risks to SA of tapering, commodity pullback

    he World Bank has added its voice to those warning that South Africa is at risk from any disorderly increase in interest rates, which could accompany the inevitable tapering of quantitative easing measures. In its October Africa Pulse publication the bank says South Africa is particularly vulnerabl

  • Tanzanian port recieves Chinese backing

    China’s Export Import Bank has announced its support to the development of the US$11bn Bagamoyo Port in Tanzania According to reports, Phase 1 of the deep-water port could begin in 2017. Located 75km south of Dar es Salaam, the port is expected to be bigger than Kenya’s Mombasa Port and the biggest

  • Liugong released vertical lift loader to create a precedent for the industry