Transporters battling to stay afloat will raise their prices leading to a ripple effect across the economy.
Regional trade grew by 11.2% to $10.9 billion in 2022, up from $9.8 billion the previous year.
Before yesterday’s closure of the park, waiting time for cargo-scanning was around eight days.
The new passenger car market registered a 6.7% decline.
"The sector’s contribution is a fundamental argument for the incentives that South Africa offers the automotive industry." –Minister Patel.
The military junta has also lifted a dusk-to-dawn curfew for travellers.
Hot and dry conditions are anticipated to last well into 2024, with minimal to very low rainfall only expected by February 2024.
Transnet has assured port users that it has equipment maintenance and procurement plans in place to improve efficiency.
“Transnet told us the Women’s Month celebrations couldn’t proceed as planned because of the recent taxi strike in Cape Town.”
The bank has provided a project loan for Phase II of the Lesotho Highlands Water Project.
The closure of the plant in 2017 highlighted the crisis in SA’s poultry industry because of nearly two decades of chicken dumping.
TNPA has called for tenders to rehabilitate Port View Road.