SOUTH AFRICAN TRADE

Stratford Evening Post, Volume II, Issue 354, 11 September 1933, Page 5

SOUTH AFRICAN TRADE

Arrangement with Italian Shipping

.Press Association --Conyright. • ;Cape Town, Sept. 8. The South African Government is subsidising Italian shipping for five years to the extent of £.150,000 per annum to carry Union exports to East and West ports and Genoa from which distribution to European centres will be made. The Italian Goyernnient is subsidising the compaies to the extent of £300,000. The steamers are refrigerated and the services will start in March. BRITISH SHIPPING CIRCLES AMAZED Pres* Association. —Copyright. Reed. Today, 10.10 a.m. v London, Sept. 10. The South African subsidy of Italian lines has amazed British shipping circles. The supposed service is aeoclated with South Africa’s increased exports of Wool, sheepskins, hides to Prance, and wool, hides, skins, meat and copper to Italy. ;