25 August 2014

South African Products, Services On Show in Maputo

A delegation of South African companies has begun showcasing their products and services at the 50th Maputo International Trade Fair, which got under way in the Mozambican capital on Monday.

The 29 companies - including 19 small, medium and micro enterprises and six emerging exporters - are participating in the week-long fair with the help of the Department of Trade and Industry (DTI).

The companies will be looking in particular to tap into the growing Mozambican market in transport and communication.

"Mozambique is one of South Africa's top five trading partners in Africa, and we want to expand our market share to enable our companies to compete with other countries that have since made substantial inroads into the country," said the DTI's economic counsellor in Mozambique, Matome Kgowedi.

The director of export promotion at the DTI, Julius Nyalunga, said Mozambique was an important country in relation to the government's diversification strategy in Africa.

"It is one of the countries that we are targeting, with the understanding that it is amongst the 10 fastest growing economies in the world, and that it has signed a number of memoranda of understanding with South Africa that seek to strengthen trade relations," Nyalunga said.

"We also intend to increase South African outward investment into Mozambique, but it is interesting for us to understand that if we are not going to aggressively participate in Mozambique, there is going to be a challenge, because role players from the world over are here and they are trying to get a foothold into Mozambique's market."

- SAnews.gov.za

South Africa

Late Musician Mgqumeni's Impersonator Jailed for Rape

Sibusiso Gcabashe has been sentenced to 22 years in prison for impersonating late Maskandi musician Khulekani 'Mgqumeni'… Read more »

Copyright © 2014 SouthAfrica.info. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 1,200 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.