Oil price spikes after vessels are targeted, despite IEA decision

The development platform targets black-owned SMEs with turnovers under R50 million.

Tariff engineering can only be effective if done ethically and in compliance with local laws.

Latest data by the CMU heralded concurrent increases of 13% and 2% above target, said Saaff.

The company beat about 18 000 contractors in 35 countries to clinch the top accolade.

The company has invested 6% of its total procurement spend in youth-owned business over the past year.

The development will include storage tanks, road tanker loading gantries and pipelines.

The workers at UCW in Nigel – a local manufacturer with proven capacity – were the primary victims, Saftu said in a statement following the arrests.

A recurrence of last year’s losses off the Cape of Good Hope has not yet been observed in 2025.

“The AU has called for an integrated transport sector with world-class infrastructure that crisscrosses the continent." – Mesela Nhlapo, CEO, Aria.

The DRC and Rwanda have lapsed into a recurring internecine struggle in the Lake Kivu area.

The switch from Beitbridge to the route via Botswana has exposed glaring infrastructural issues.

Alliances offer operational efficiencies, but there are concerns about service quality, competition, and freight rate volatility.