Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile
Veronika Haulenga
Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile
Veronika Haulenga
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Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga
National Treasury plans to draw down from a special R500bn account for the first time to reduce debt and associated servicing costs over the next three years, according to the 2024 budget delivered by the finance minister on Wednesday February 21 2024.
The DA in South Africa expresses distress over the financial challenges faced by state-owned enterprises following the National Treasury's release of the third-quarter government expenditure report. Eskom, set for a substantial bailout, reports a significant loss, while municipal debt rises sharply. Troubled entities include the Land Bank, South African Airways, Transnet, and Denel. The DA warns against the ANC's bailout strategy, citing potential threats to fiscal sustainability, essential services, and […]
Transnet Port Terminals proudly announces that the Cape Town Container Terminal achieved an impressive milestone, achieving a high productivity rate of 17 moves per hour in a single shift last week. Oscar Borchards, the Acting Western Cape Managing Executive of Transnet Port Terminals, expressed the commitment to ensuring continuous improvement over an extended period.Borchards also revealed ongoing training for lifting equipment operators on new gantry cranes. This initiative aims to […]
South Africa’s Transnet has confirmed that no container vessels are expected to anchor at SA ports, despite major shipping lines rerouting their vessels via the Cape of Good Hope route due to rebel attacks in the Red Sea region. According to CNN, some 100 ships have been attacked in the last month—about 15 percent of world shipping traffic transits via the Suez Canal.
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 […]
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