The road freight industry has urged incoming government leaders to stick to the plan to confront the economy’s myriad challenges.
The organisation hopes to continue working with the government in public-private partnerships.
But further fuel price cuts and potential interest rate cuts bode well for the sector.
Latest figures reveal highest year-to-date levels – report.
Cost pressures are easing on the back of recent fuel price decreases.
South Africa’s new minister of agriculture used to own a farm in the KZN Midlands.
The value of merchandise imports decreased while that of merchandise and net gold exports increased.
Waterway edging closer to its design capacity of 36–38 transits per day and a 50-foot maximum draught.
If positive sentiment holds, a stronger rand will lead to lower import prices and scope for an interest rate cut in September.
In 2021 and 2022 DP World recorded a 5% year-on-year increase in fuel efficiency.
Stocks on the JSE also strengthened following the appointment of the new government ministers.
The IMO’s integrated technical cooperation programme has collaborated with the local port authority to develop the facility.
