LATEST STATISTICS SA figures reveal that the trade balance turned around in December - ending the year with a trade surplus of
R2.8-billion from a deficit of R0.4-bn in November.
Trickle traffic through the Strait of Hormuz, hugging the Iranian coastline at Qeshm and the islands of Hormuz and Larak, has brought no significant change to the closed-off waterway.Source: Research Gate