‘EWC constitutional amendment a death knell for SA economy’ The vote in Parliament to amend Section 25 of the Constitution and allow for land expropriation without compensation (EWC) has sounded a death knell for South Africa’s economy, according to members of the agricultural industry. Morwe to submit new Transnet operating strategy by early next year Acting group CEO for Transnet, Tau Morwe, is expected to submit a proposal on a new operating model and corporate structure to the Transnet Board of Directors by the end of February next year at the latest. Trade war ceasefire good news for SA trade Global trade has been given a lifeline following an agreement between the United States and China to put the brakes on an escalating trade war for a period of 90 days. Fuel price reprieve for December Transport logistics service providers – hit with escalating costs due, amongst others, to high fuel costs – have been given a reprieve with a drop of R1.84 per litre in the petrol price and R1.45 in diesel prices. Biggest Zimbabwe flour producer National Foods to close down mills Cakes could be in short supply at Christmas as National Foods, one of the largest food manufacturers in Zimbabwe, announced it would be shutting its doors because it had been unable to pay its suppliers due to a crippling shortage of foreign currency. Angola tightens regulations on 54 imports The Angolan government is tightening regulations on a list of 54 imported products – mostly food and consumables – effective immediately, according to the secretary of state for economy, Sérgio Santos. Mboweni convinced South Africa could un-junk itself Speaking to journalists on the side-lines of the G20 summit in Buenos Aires, Finance Minister Tito Mboweni pledged to prioritise the restoration of South Africa’s above-grade rating by the world’s three leading investment assessors.
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