Logistics companies the latest victims in xenophobic violence At least 100 Zambian truck drivers have lost their jobs after companies have had to close operations amid escalating xenophobic violence.
DSV rebranding officially complete DSV yesterday confirmed that it had rebranded from DSV A/S to DSV Panalpina A/S, with DSV A/S as the new secondary Group name. Transporter bulks up its fleet Transtech Logistics is on an expansion trail, having just taken delivery of ten new Freightliners plus additional superlink trailers. SA food products in high demand in Russia, but marketing is key South African food products were in high demand in Russia but companies needed to strengthen marketing efforts to gain a greater foothold in the country, the Russia-South Africa Business Council head of food and agriculture said last week. Call for prosecution over fraudulent Gupta BEE licences The Democratic Alliance on Wednesday welcomed the findings of the BBBEE Commission that companies in the business empire of the Gupta brothers used fraudulent BEE certificates to secure contracts with Eskom and said it would lay criminal charges against the companies and key players in the power utility who had colluded with them at the time. Banking Association seeks interdict against Sasbo strike Massive job losses in the banking sector are bringing finance workers’ union Sasbo and the Banking Association of SA toe-totoe as the former prepares to protest against staff trimming by banks and the latter seeks to stop labour action through a court interdict. Hope for ‘sanity’ amid escalating nationalist trade policies As an emerging economy, South Africa is particularly vulnerable to trade wars amid the global rise of nationalism, but there is hope that sanity will prevail.