“South Africa must follow its own fiscal policies rather than the US Federal Reserve.” – Ricardo Smith, Absa chief investment officer.
The association plans to meet with the transport minister to discuss how the codes will hurt the industry.
Over the years, Corbin was intrinsically involved in international trade, finance and logistics.
South Africa is growing its lead over rival Chile since surpassing it in 2023.
The new corridor will be 235km shorter than the current Walvis Bay-Ndola-Lubumbashi corridor and up to seven days faster.
In total, eight vessels will be deployed for the express service to America's East Coast.
From Ecuador to England and Senegal to India the company is growing its global logistics network through infrastructure investment.
The Indian Coast Guard and the Indian Navy successfully evacuated all 24 crew.
The report highlights a clear shift from reactive supply chain strategies to predictive and proactive models, powered by real-time data and AI.
One respondent described the situation as an existential threat to the viability of their business.
Each charging station will be completely off-grid, powered by solar energy and battery storage.
