Gordhan brings ‘good
news story’ from G20
meeting
Back in South Africa after
attending the G20 meeting
in China, finance minister
Pravin Gordhan was upbeat
about progress achieved by
the New Development Bank
(NDB) – also known as the
BRICS bank.
R16m Customs
Controlled Area
Plans for a R16-
million Customs Controlled
Area (CCA) Gate Complex
were unveiled at the
Industrial Development
Zone in Richards Bay.
Concern over fuel
supplies
Petroleum industry workers
– including refinery and
depot workers – are set
to go on strike after wage
negotiations between the
Chemical Energy Paper
Printing Wood and Allied
Workers’ Union (Ceppwawu)
and the National Petroleum
Employers’ Association
(NPEA) broke down last
Wednesday.
Cash flow dries up for
shipping line
Because of a rising cash
shortage at the company,
creditors have been putting
pressure on South-Korean
carrier Hanjin Shipping to
generate more cash.
EU/SA close to
ratifying EPA
The European Union
(EU) expects to
ratify the Southern
African Development
Community (SADC)
Economic Partnership
Agreement (EPA) by
September this year.
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