General Beltings braces for AfCFTA

MOUNTING expenses saw General Beltings Holdings (GB Holdings) operational profit deteriorate 58 percent year-on-year to US$53 000 in the six months to June 30, 2026, compounded by increased competition from cheaper imports.

GENERAL Beltings (GB) says it will strengthen strategic partnerships and critical skills retention pro­grammes to remain competitive and take advantage of the Afri­can Continental Free Trade Area (AfCFTA). The AfCFTA connects more than 1,4 billion people across the continent through unfettered market access, creating one of the world’s largest free trade ar­eas. The group, which…

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