Cost pressures are easing on the back of recent fuel price decreases.
South Africa’s new minister of agriculture used to own a farm in the KZN Midlands.
The value of merchandise imports decreased while that of merchandise and net gold exports increased.
Waterway edging closer to its design capacity of 36–38 transits per day and a 50-foot maximum draught.
If positive sentiment holds, a stronger rand will lead to lower import prices and scope for an interest rate cut in September.
In 2021 and 2022 DP World recorded a 5% year-on-year increase in fuel efficiency.
Stocks on the JSE also strengthened following the appointment of the new government ministers.
The IMO’s integrated technical cooperation programme has collaborated with the local port authority to develop the facility.
Phillips said if it was left up to the logistics utility, the ICTSI process would have been completed.
A network of more than 500km of automated conveyor belts could replace thousands of truck deliveries.
Industry considers measures unscientific and unnecessarily restrictive since SA has an effective risk management system in place.
Investments are crucial to enhance operational efficiency, ensure safety and clients’ diverse needs. – Aven Naidu, Avemel Logistics.