DoT announcement on high cubes imminent
Resolution seems to be within reach between transport and shipping industry representatives as well as Department of Transport officials following a top-level meeting.
Rand on rickety legs as Moody’s waits for Nene’s budget
The rand will be walking a tightrope in October ahead of finance minister Nhlanhla Nene’s mediumterm budget which he will deliver towards the end of the month.
Japanese tyre manufacturer unveils R970m facility
Tyre manufacturer Sumitomo Rubber South Africa (SRSA) has officially launched its new Truck and Bus Radial (TBR) factory in Ladysmith, KwaZulu Natal.
Weak PMI performance raises concerns
The largely unchanged, but lower-than-expected level of the Absa purchasing managers’ index (PMI), has raised concerns that the economy is unlikely to rebound from the prevailing technical recession.
Sacu’s failure to modernise causing border delays
The Southern African Customs Union (Sacu) is falling behind the rest of the world with dated and uncoordinated over-border processes between member states, according to trade consultancy Tutwa.
