SA Customs Buzz: Latest on Covid-19 amendments

Recovery from maritime upheaval is expected to result in “an improved outlook for the coming quarters”.

The improvement is likely because of the recent extended period of no load-shedding and some improvement in port productivity.

Peter Besnard, CEO of Saasoa, highlights the detrimental effects of ageing equipment and inadequate maintenance at South African ports.

The French government has paid 85% of the costs of a €100-million vaccination campaign.

A successful test train project has removed thousands of truckloads from the roads.

The average delay for late vessel arrivals has marginally declined, reveals a new report.

Implicated auditing firm McKinsey alone repaid R870 million to Transnet.

The new export orders purchasing managers index rose to 49.5 in March, remaining slightly below the growth expectation threshold.

The average global spot rate rose to $2.59 per kg, its highest level this year.

The load underpins the importance of sustainability in maritime fuel consumption.

The government is working with a US railway team on the Lobito Corridor Master Plan.

“Dr Motsuenyane championed the principles of unity, economic empowerment, and self-reliance.”