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Finance

Kobus van der Wath

Following 13 years of diplomatic ties, it is becoming more evident that trade between China and South Africa is gaining momentum and for those companies who may have ignored this growing trade relationship in the past, are now forced to recognize the potential for doing business with China.

Before: Afgooye corridor – satellite images of the Ceelasha area in October 2007

Satellite imagery from a UN refugee agency assessment on forcibly displaced civilians from Mogadishu shows that a virtual new city is growing up to the west of the Somali capital in the so-called Afgooye corridor.

Rolls-Royce, the global power systems company, has won an order worth $350m from Egyptair for extended TotalCare long-term services for 12 Airbus A330 aircraft. Egyptair currently operates eight A330s and four are due to be delivered in 2010 and 2011.olls-Royce, the global power systems company, has won an order worth $350m from Egyptair for extended TotalCare long-term services for 12 Airbus A330 aircraft. Egyptair currently operates eight A330s and four are due to be delivered in 2010 and 2011.

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