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China remains leading growth market for South African tourism industry
February 21, 2017
China remains leading growth market for South African tourism industry Xinhua | Updated: 2017-02-21 09:57

CAPE TOWN - China remained the leading growth market for South Africa's tourism industry, with year-on-year growth recorded at 38 percent last year, figures released on Monday showed.

The growth in tourist arrivals from China has been consistent over the year, following improvements in the visa application processes in those countries, Tourism Minister Derek Hanekom said.

South Africa can build on this and attract even more tourists from China and other countries, the minister said after Statistics South Africa (Stats SA) released figures which showed a sharp increase in tourist arrivals.

According"...

February 21, 2017

ALGIERS- Algeria is a 'very important' and 'very solid' partner for Germany in the Mediterranean region, said Monday in Algiers Parliamentary State Secretary to Federal Ministry for Economic Affairs and Energy, Uwe Karl Beckmeyer.

'Algeria"...

February 18, 2017

Bakhouche Alleche has been appointed Thursday as interim Director General of national airline Air Algerie, in replacement of Mohamed Abdou Bouderbala who will take up other duties.

Alleche has been installed following an extraordinary"...


February 21, 2017

Minister of Water Resources and Environment Abdelkader Ouali received Sunday, in Algiers, Malian Minister of Energy and Water Malick Alosseini with whom he examined the bilateral cooperation in water resources as well as the development of border areas.

Speaking at the end of the audience, Ouali Algeria’s willingness to support Mali in its efforts for the development of border areas.

...

February 21, 2017

Algeria’s trade deficit reached USD585 million in January 2017 against a deficit of USD1.82 billion in January 2016, down by 68% between the two periods of comparison, said Monday the Algerian Customs.

The exports increased to USD3.3 billion in January 2017 against USD2.05 billion in January 2016, up by 60.74% corresponding to a rise of USD1.25 billion, said the Algerian Customs’ National"...

February 21, 2017

Minister of Energy Noureddine Boutarfa and Malian Minister of Energy and Water Malick Alhousseïni on Monday in Algiers examined the possibilities of cooperation in energy sector.

During a meeting which is part of the energy cooperation agreement, signed by the Algerian-Malian joint committee in November 2016 in Bamako, the two officials broached the means for the implementation of this cooperation,"...

February 21, 2017
Saudi Minister of Commerce and Investments Majid Al-Qassabi said there are several mutually beneficial trade and investment opportunities between his country and Algeria.
Al-Qassabi, who was leading the Saudi delegation at the 12th session of the Saudi-Algerian Joint Committee Meetings in Algeria, said the two countries should identify new areas of cooperation in trade and investment.
The Saudi-Algerian Joint Committee Meetings are aimed at discussing and developing economic, trade and investment cooperation, and boosting commercial ties...

February 21, 2017
Shares in South Africa's banking index extended losses on Monday as investors continued to digest the competition watchdog's recommendation that banks should be fined for rigging the rand currency.

South Africa's Competition Commission said last week it had found that more than a dozen local and foreign banks including Barclays Africa (Absa) and Standard Bank colluded to coordinate trading in the South"...

February 21, 2017

Exporters of fresh fruits and vegetables have been invited by the South African Department of Trade and Industry (the dti) to apply for assistance to participate in the upcoming Fruit Logistica Asia 2017 trade exhibition, which will take place in Hong Kong from 6-8 September 2017.

The dti encouraged companies which are interested in participating in the upcoming exhibition to submit application forms"...