Africa losing out on billions in trade: World Bank
Tue, 07 Feb 2012 16:12:29 -0800
Africa is losing out on billions of dollars in potential earnings every year because of high trade barriers on the continent, the World Bank said Tuesday.
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Barriers blunt trade within Africa: World Bank
Tue, 07 Feb 2012 21:55:34 -0800
WASHINGTON (Reuters) - South African grocer Shoprite spends $20,000 a week in import permits to truck meat, milk and other goods to its stores in neighboring Zambia. One of its trucks may need as many as 1,600 documents to cross a border in southern Africa. Another major South African retailer Woolworths pays full tariffs to transport food and clothing to its franchise stores within the Southern ...
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