Customs news: latest

The parastatal has warned that it will act swiftly against alleged perpetrators who are costing it revenue losses.

Fleet expansions are said to be driving down shipping costs.

Clear targets for the use of greener replacement fuels have been set with incentives for early adoption.

Consumer Price Inflation hit 7% in February, fuelled mainly by stubbornly high food costs, giving the SARB incentive to raise interest rates.

There is no certainty though that a month is enough to undo the devastation of Cyclone Freddy.

The revamp of the hangar is part of the parastatal’s R140 billion KZN Logistics Hub programme to expand the ports of Durban and Richards Bay.

Order book represents 25% of available car carrier fleet.

Samsung, which has already tested its in-house autonomous navigation system on a brief journey, says it wants to cut costs for shipping lines.

A KwaZulu Natal firm is expanding to meet global demand for products made from recycled truck tyres and has displaced China in a major market.