Regional Commerce

Delays at South Africa's port of Durban have led to a huge backlog in dealing with the cargo. An estimated 70,000 containers are waiting to be off-loaded from more than 60 vessels. Local media report it will take at least seven weeks to clear the build-up. Businesses are blaming the port authority, Transnet, for failing to fix faulty equipment at the port. Moneyweb says that the problem in Durban is […]