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23, Feb 2024 -

Local News

The National Minimum Wage, 8.5% increase!
19, Feb 2024

The National Minimum Wage (NMW) in South Africa is set to increase by 8.5% from 1 March 2024, following the announcement by the Minister of Employment and Labour...


Limpopo Sawn Pine Timber Operation to be sold as a Going Concern
15, Feb 2024

A prominent Limpopo-based operator in sawn pine products, Shefeera Timbers, now in Business Rescue, will be sold as a going concern. That’s the news from Park Village...


Executive Director’s Report / January Newsletter 2024
01, Feb 2024

We have arrived in 2024 and we wish you all a great and prosperous year. Let’s hope that the new year brings better things than 2023...

International News

Russian lumber export prices have fallen substantially in the past year
17, Jan 2024

Russia was the world’s largest exporter of softwood lumber in 2020 and 2021. In 2022, shipments fell dramatically, resulting from Russia’s invasion...


The global pulpwood market has seen substantial changes in 2023, with costs for hardwood fiber surpassing softwood
16, Jan 2024

The global wood fiber market has changed substantially over the past three years. Interestingly, despite a worldwide decline in hardwood pulp prices in 2023, the supply...


European sawlog prices plunged 12% q-o-q in the 3Q/23 with the largest declines in Central Europe
15, Jan 2024

The sawlog market in Europe has gone through a turbulent period over the past three years, with wood demand falling, log flows shifting, and sawlog prices going through unprecedented swings...

Employment

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