Search:  
Gauteng Business News
3573
VIEWS

Send  Share  RSS  Twitter  31 Jul 2012

EXPORTS:  SA Exporters Look to Markets Outside Europe

 





Recent Gauteng Business News

Whether you believe the Eurozone is in meltdown or not, it has posed other problems for South African exporters.

Once a lucrative and almost sure export destination for South African goods, it is now a somewhat stagnant market especially for perishable goods.

“Fish, fruit and wine exporters are starting to look at new potential markets and already a discernible move is evident,” says Theo Reddi, General Manager Exports, at Credit Guarantee. “And perhaps a little surprisingly, African markets are starting to reflect a far greater importance as new doors open for trade. We have maintained an intensive and very credible association with information sources throughout the continent and our approach of literally getting feet on the ground in those markets is now paying dividends.”

Not completely happy to rely solely on other opinions, Reddi states that the company regularly visits individual companies in various African countries, trading with SA exporters as well as the banks, attorneys, collection agencies and other institutions in those countries in order to get first hand insight and experience from those in the know.

“The fact that we can pick up a phone or drop an email to a person that we already have an established relationship with in Kenya, Uganda, Tanzania or others in West Africa, for example, allows us to generate much more influence when underwriting trade credit into many of these expanding markets. Delivering the best possible opinion linked with well reasoned assessments of the potential risks in these countries, empowers our exporters to explore new contracts that would otherwise have gone begging,” concludes Reddi.


 
 
 
HBC-Solutionsjane-shonfeldohse-consultancyperfect-wedding
 
   
 
 
 
  Accomodation
Accommodation


Online Foreign Exchange
Foreign Exchange


Directory
Directory


Fax
Fax 2 Email


Finance
Finance


Furniture
Furniture


Casino
Online Casino


Restaurant
Restaurant


Auctions
Shop Online


Study IT
Study IT Online


Web design
Web Design


Weddings
Weddings


Work
Work from Home
 
 
 
 
 
Company News
 
 

 

© 2021 www.gbn.co.za. All rights reserved.

Daily Newsletter Subscription

 

Subscribe to the Gauteng Business News Daily News and information email (it's free).

Thank You
Your email address has been added.

Name:
Email Address: