date:Jun 28, 2016
Chinas economic slowdown, the slump in commodity prices, dwindling consumer spending power and the drought negatively affected South Africas container trade in the first quarter of this year, according to Matthew Conroy, the trade manager at Maersk Line Southern Africa.
Conroy said import and export markets had declined year on year by 8 percent and 12 percent, respectively. He said the 2016 first quarter Maersk trade report showed economic restraints and less demand for South Africas commoditi