Logistics major
penalised for being
part of ‘hard-core’
cartel
Swiss air freight
company Kuehne +
Nagel International
has been penalised
$3.1 million by a New
Zealand High Court
judge for being part of a
“classic hard-core cartel”
that used gardening
code words to try to
disguise itself, reports
the global press.
Zimbabwe import
ban to hit SA
Zimbabwe has banned
imports of fresh fruit
and vegetables with
immediate effect, the
agriculture ministry
said.
How will China’s
export contraction
affect SA ?
China reported an
unexpected contraction
in exports in March
with customs data on
Thursday showing that
exports fell 6.6 percent
from a year earlier,
well below analysts’
expectations of singledigit
growth of 4%,
reported the global press
German firms
urged to
‘aggressively’
sell equipment to
Africa
German engineering
firms should be more
aggressive in selling
equipment to fastgrowing
markets in
Africa rather than
leaving the field to
Chinese, United States,
Italian and French
rivals.
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18 Apr 2014 - by Staff reporter
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