Shipping firms have decided to redirect their ships as attacks by Houthi rebels along the trade route through the Red Sea continue.
Several dozen container vessels are expected to travel via the Suez Canal and the Red Sea in the coming days and weeks.Some global shipping firms have announced a return to the route.
With South Africa having been greylisted by the Financial Action Task Force in February for insufficient measures to combat anti-money laundering and counter-terrorist financing, such meetings send the wrong kind of signal.
The fiscal, skills, and management challenges facing the central government – along with various departments and state-owned enterprises (SOEs) – have come to the fore throughout 2023.
Chris Hattingh, Executive Director at the Centre for Risk Analysis, says container handling output is sitting at 19 percent down compared to what it was the same period last year.
Congestion at South African ports is crippling the country’s economy, further increasing costs. CHRIS HATTINGH says it is vital that the country ups its logistics game.
Sanral wants private sector funding, but it should first provide guarantees of improved financial management.
Party policies and cadre deployment are behind utility's demise.