SA braces for
threats to shut
down economy
With South Africa’s
industrialisation
already in a fragile
state, manufacturers are
bracing themselves for
the impact of a looming
strike by the National
Union of Metalworkers
of South Africa (Numsa).
Transnet conducts
own enquiry into
alleged tender
misconduct
Transnet SOC is
conducting its own
internal enquiry
into allegations by
the #GuptaLeaks
investigators around
tenders awarded by
the state-owned entity
(SOE), said Transnet
spokesperson, Viwe
Tlaleane.
Logistics major
acquires two
perishable
companies
Logistics major Kuehne
+ Nagel has announced
the acquisition of two
perishable companies
– US-based CFI,
Commodity Forwarders
Inc, which specialises
in perishable airfreight,
and Trillvane, one of
the largest perishable
specialists in Kenya.
Red tape holds
back equipment
repair sector
The servicing of oil and
gas equipment could be a
money-spinner for South
Africa – but red tape is
costing the country more
than $250 million per
annum as the business
shifts to other more
friendly environments.
Fears that mining
sector could lose
further investment
With the controversial
Mining Charter being
put on ice – pending a
legal challenge by the
Chamber of Mines –
legal advisers are now
arguing that the latest
proposal to restrict the
granting of new mining
and mineral rights is a
way of trying to force the
charter through the back
door.
National carrier faces
government subsidy
withdrawal
National carrier, Air
Namibia, has been urged by
the government to secure
its own funding for monthly
expenditure, including the
leasing of planes.
